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Legal Update

Corporate Legal News Roundup

IRS Issues Proposed Regulations Under Code Section 162(m)

Tax law, tax code, taxes

The 2017 Tax Cuts and Jobs Act (TCJA) significantly amended Internal Revenue Code Section 162(m), which generally disallows the deduction of compensation in excess of $1 million paid by a “publicly held corporation” to a “covered employee” in any single ...

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In #MeToo era, some lawyers fielding more ‘reverse discrimination’ queries

#MeToo, sexual harassment, discrimination

With today’s increased focus on diversity and inclusiveness in the workplace, some employment attorneys are reporting that employees are raising more concerns about so-called “reverse discrimination.” “People are generally more aware now that they may have legal rights in employment, ...

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Ensuring access: Law firms adopt technology for better security, document search

Depositphotos.com file photo

Much like other industries, the legal world is rapidly adopting new technologies to improve efficiencies, better serve clients and ultimately to maintain security and remain profitable in an ultra-competitive industry. Long considered an industry slow to adapt and resistant to ...

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Allianz identifies 5 risk trends for directors and officers in 2020

Risk Assessment

The range of risks facing company executives or directors and officers (D&Os) – as well as resulting insurance claims scenarios – has increased significantly in recent years. With corporate management under the spotlight like never before, a new report by ...

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Managing communications during an internal investigation

Investigation

As an employer, what you say is just as important as what you do. Internal investigations carried out by HR, compliance and legal professionals are no exception. What you say about the investigation — to employees, your board, media and ...

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Companies lagging in GDPR compliance, survey finds

Depositphotos.com file photo

A government rule that threatens forfeiture of 4 percent of a company’s annual worldwide revenues would seem a sure bet to grab every business leader’s attention. But a new survey finds that many companies in the U.S. and abroad have ...

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Report: Clear trend toward more transparency in corporate political spending

Money, cash

A recent report by a pro-transparency group and The Wharton School found a clear trend among S&P 500 companies toward increased disclosures and oversight regarding their political spending. Per the report, more than half of such companies now disclose some ...

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Springfield company promotes Mary Bozarth to general counsel role

Gavel

Springfield-based Little Sunshine’s Playhouse and Preschool, a child-care and early-education provider, has promoted Mary Bozarth to general counsel. Bozarth will provide legal guidance for the company’s schools, oversee employee and human resource functions, manage corporate filings, and handle risk management and internal ...

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Employers in academic healthcare often suited to challenge prima facie evidence of wage discrimination

assorted open law books with legal gavel, in dramatic light

Employers in the health care industry — and in particular health care within the university academic setting — are consistently some of the most frequent targets for equal pay lawsuits. A series of cases decided in 2019 reveal strategies that ...

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