Our Voices

FCPA Enforcement Trends: Long-Term Risks and a Growing Reach

The past 18 months have shown that there has been little reprieve from enforcement of the Foreign Corrupt Practices Act (FCPA), and convictions from long-term cases have actually increased under the current administration. Domestically, the ability of the US law enforcement community to enforce such actions has grown considerably, while new international mechanisms have provided other countries with the ability to form parallel ways to counter government and industry-related corruption.

ERISA: THOU SHALL NOT PAY EXCESSIVE FEES!

About 12 years ago in 2006, there was a wave of class action lawsuits filed against giant corporations (such as Lockheed Martin, Northrop Grumman, Catepillar, General Dynamics, International Paper and Exelon) alleging the payment of excessive investment management and plan administration fees from the § 401(k) plan’s investment options in breach of the Employee Retirement Income Security Act of 1974 (“ERISA”).

IP and General Legal Issues in the MedTech Industry in China

Today, along with digital revolution, medical device and pharmaceutical companies have revolutionized the medical and health industry. These revolutions have saved or improved the quality of lives tremendously.

NAFTA 2.0: The United States-Mexico-Canada Agreement (USMCA)

Canada and the United States were able to agree on final terms regarding NAFTA 2.0 just hours before the midnight deadline on Sunday, September 30, 2018. The new agreement is repackaged with a new name, the United States-Mexico-Canada Agreement (USMCA).

The Ins and Outs of ERISA Fiduciary Insurance

This article discusses the use of fiduciary insurance in protecting fiduciaries from liability when governing or providing services for employee benefit plans subject to the Employee Retirement Income Security Act.

Monthly Nafta Update: FRIDAY, AUGUST 31st: NAFTA 2.0 D DAY

Canadian Prime Minister Justin Trudeau in a press conference on Wednesday, August 29th, 2018 stated the possibility of reaching a deal on NAFTA 2.0 by the end of the week if it is deemed a good deal for Canada. This announcement comes just days before President Trump’s Friday, August 31st, 2018 deadline.

Unfortunately for Canada, Mexico and the United States were able…

US State Department Imposes Sanctions on Russia Nerve Agent Attack in UK

On August 27, 2018, new sanctions were imposed on Russia under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (the “CBW Act”).

Trade Wars: A NAFTA and Tariffs Update Mexico-Canada Relations and Negotiations

Canadian and Mexican immigration lawyers continue to be concerned about the future of the North American Fair Trade Agreement (“NAFTA”), an agreement signed by Mexico, the United States, and Canada, allowing for more open commercial trade between the three countries.

Bloomberg Tax Portfolio Offers Insights on Section 403(b) Arrangements

Bloomberg Tax announced the release of a new edition of the Tax Management Portfolio: Section 403(b) Arrangements. This portfolio assists advisors working with public schools, hospitals, and other tax-exempt organizations and their employees in developing retirement plan strategies to optimize savings through the advantageous use of §403(b) arrangements.

Amendments to Rule 701 of the Securities Act of 1933

On July 18, 2018, as mandated by the Economic Growth, Regulatory Relief, and Consumer Protection Act, the Securities and Exchange Commission (the “SEC”) adopted an amendment to Rule 701 of the Securities Act of 1933, as amended (the “Securities Act”), which provides an exemption from registration for securities issued by non-reporting companies pursuant to compensatory arrangements.