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Legal Update

Corporate Legal News Roundup

International arbitration clauses: Why they should be in contracts

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Local companies today have a global reach, entering into mergers, acquisitions, manufacturing contracts, licensing agreements, joint ventures and research and development partnerships with companies and institutions around the world. Such global partnerships offer innumerable opportunities. But there are also serious ...

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Streamlined time-off programs for employees benefit employers as well

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Evolving methods for offering paid time off to employees are leading to a simpler process, greater trust and more productive people. Experts in human resources are recommending that businesses look into adopting a program that allows employees to pull from ...

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Be prepared: If measles clocks in, is your company ready?

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Measles cases are on the rise. The U.S. Centers for Disease Control and Prevention reported that between Jan. 1 and Aug. 1 of this year, nearly 1,200 cases of measles were confirmed in 28 states, including Missouri. It is the ...

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Crucial clauses: M&A Bar gleans lessons from blowup of pharma deal

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When Delaware courts speak, business attorneys listen, and a ruling allowing a German drug company to pull out of $4.75 billion deal to acquire a U.S. competitor still has M&A lawyers buzzing. On Oct. 1, 2018, the Delaware Chancery Court ...

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NLRB: Property owners may prohibit off-duty access for Section 7 activity

Labor Law, Union, Workers

On Aug. 23, the National Labor Relations Board reversed precedent and rebalanced the rights of property owners versus the Section 7 rights of employees in a labor dispute. In Bexar County Performing Arts Center Foundation d/b/a Tobin Center for the Performing ...

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New Illinois law eliminates franchise tax, offers tax amnesty

3D illustration of "FRANCHISE TAX" title on business document

Illinois recently enacted legislation that offers significant benefits to delinquent taxpayers and corporations doing business in Illinois. The new legislation phases out the Illinois franchise tax over a four year period beginning in 2020, and it establishes an amnesty program ...

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NLRB rules employers may ban nonemployee union activity in areas open to public

Labor Law, Union, Workers

On June 14, the National Labor Relations Board ruled in a 3-1 decision that employers may prohibit non-employee union representatives from conducting organizing activities on employer property that is open to the public. This decision overturns precedent dating back to ...

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ERISA preemption of state slayer statutes: does it matter?

Handcuffs, Judge Gavel And Old Law Books On Wooden Table

Over the last decade, courts around the country have been asked to decide whether ERISA preempts state slayer statutes – state laws that prohibit a murderer from collecting benefits as the beneficiary of the victim’s estate or as the surviving ...

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