Newsletters

03.13.20

Nationwide Update: The Latest Coronavirus Labor & Employment Resources

As the novel coronavirus (COVID-19) outbreak continues to evolve, national, state and local governments and agencies are updating their guidance for employers.


03.11.20

Are Your Retirement Assets Secure? Better take a second look.

In the past, estate planners routinely advised clients to make their IRA or other retirement plan benefits payable to a designated beneficiary or to a see-through (conduit) trust, where the beneficiary or trust could withdraw benefits gradually by taking distributions over his or her life ...


03.11.20

Federal Reserve Board Takes Control

Following years of uncodified interpretive guidance, the Board of Governors of the Federal Reserve System adopted a final rule addressing the issue of how to determine whether one company has “control” over another company for purposes of the Bank Holding Company Act and the Home ...


03.11.20

FDIC Offers De Novo Guidance for Nontraditional Applicants

In an attempt to help non-banks and fintechs understand the de novo application process, the Federal Deposit Insurance Corporation (FDIC) released new materials, including a supplement to its Deposit Insurance Application Procedures Manual (the Supplement) that describes special considerations and ...


03.11.20

Expansion of OFAC Sanctions Jurisdiction Impacting Non-US Businesses

In connection with a settlement with a Swiss company, the Office of Foreign Assets Control (OFAC) has extended its reach in an important development for foreign businesses which may utilize software or hardware originating from the United States.


03.11.20

Manatt Analyzes Fiscal Impact of Capped Funding Medicaid Demonstrations

The Centers for Medicare & Medicaid Services (CMS) recently issued guidance inviting states to apply for the Healthy Adult Opportunity (HAO), a Section 1115 demonstration that permits states to accept a cap on federal Medicaid funding in exchange for fewer federal rules and less federal ...


03.11.20

Update on COVID-19: What Employers Can Do as World Health Organization Declares a Pandemic

The World Health Organization (WHO) declared COVID-19 a pandemic in light of the alarming levels of the coronavirus spread, its severity, the level of inaction among governments/organizations, and the numbers of expected deaths and affected countries.


03.10.20

Court Tosses False Ad Suit Challenging Literally True Claim

Labeling tangerine juice as having “no sugar added” did not constitute false advertising because the statement was accurate and did not imply that competing products do actually contain added sugar, a California appellate panel has ruled.


03.10.20

New York Court Halts Dog Food False Ad Suit

A New York federal court threw out a false advertising class action asserting that Rachael Ray duped consumers by calling her line of dog food “natural,” ruling that the use of the word was not materially misleading to a reasonable consumer.


03.10.20

‘Above the Law’ No Longer—Steven Seagal Settles With SEC Over Failure To Disclose Crypto Endorsement

Celebrity and movie star Steven Seagal has to resolve U.S. Securities and Exchange Commission claims that he failed to tell his Twitter and Facebook followers that he was being paid to promote Bitcoiin2Gen’s initial coin offering on the social media platforms.