Administrative Law
Obamacare Repeal: 18 Million Lose Insurance, Premiums Soar: Report
News
NBC News is reporting that about 18 million people would lose or drop their health insurance in the first year after Obamacare is repealed, the Congressional Budget Office reported Tuesday.
A Chicago GC’s Journey From Mortgages to Medical Marijuana
News
Charlie Bachtell, CEO and co-founder of medical marijuana company Cresco Labs, was general counsel at Chicago-based mortgage company Guaranteed Rate before he moved into the legal cannabis business, The Chicago Tribune reports.
Utility-Scale Battery Storage Systems: Legal Issues and Opportunities
Insight
Utility-scale battery storage projects present land use, permitting and environmental and health and safety issues, according to an article published by Farella Braun + Martell LLP.
Online Lenders Seeking to Boost Their Influence Under Trump
News
Online lending companies are seeking to exert more influence in Washington under President-elect Donald Trump and a Republican-controlled Congress, reports Bloomberg.
Takata to Pay $1 Bln to Settle U.S. Air Bag Probe – Sources
News
Sources told Reuters that the settlement will include $850 million to compensate automakers who have suffered losses from massive recalls.
2017: An Evolving Landscape for Third Party Risk Management – Webinar
Event, Jan. 26, 1 p.m. EST
Navex Global will present a free webinar discussing how a new administration and anticipated enforcement and regulatory changes will impact third party due diligence programs.
Tillerson’s $180M Exxon Exit Plan Has $72M Tax Advantage
News
Rex Tillerson exit plan from Exxon Mobil Corp. might let him avoid an immediate federal income tax bill of as much as $72 million, reports Bloomberg.
Obamacare Replacement May Look Like Existing Law, Without Mandate
Insight
The changes likely will be phased in over time, with very few, if any, immediately repealed. That will allow the new Congress time to fashion replacement parts. And those replacement parts will mostly resemble the old law, says Dallas health care lawyer Jeff Drummond of Jackson Walker LLP.
The Major Potential Impact of a Corporate Tax Overhaul
News
With the U.S. House, Senate and presidency all soon to be in Republican hands and with all agreeing that a major tax bill is a top priority, some kind of change to the American taxation system appears likely to happen, according to The New York Times.
Are We Dialing Down Nuclear Power at Precisely the Wrong Time?
Insight
Nuclear plants are disappearing at a faster rate than the EPA forecasted due to a variety of economic, regulatory and political factors, according to an article published by FTI Consulting Inc.
Equifax and TransUnion Fined $23 Million for Misrepresenting Credit Products
News
Some of the companies’ products offered as free, or as costing $1, in fact incurred monthly charges adding up to almost $200 a year, the CFPB claimed.
GOP Banking Chair: Dodd-Frank Dismantling is First-Year Priority for Trump
News
Dismantling President Obama’s financial reform law is not a priority for President-elect Trump’s first 100 days, the author of GOP legislation to undo the law said Thursday, but it is a task for Trump’s first year, reports The Washington Examiner.
When Does a Contract Release Release a Claim? Classic Contract Tongue Twister
Insight
A recent ruling helps contractors understand the scope and contours of a release of claims in a contract, reports Covington & Burling LLP.
California Hires Eric Holder as Legal Bulwark Against Donald Trump
News
The Democratic leader in the California Senate said he expected California to challenge Washington on issues including the environment, immigration and criminal justice, reprots The New York Times.
Employees Who Sell: Understanding the FLSA’s Exemptions for Sales Employees
Event, Jan. 25, 1 p.m. EST
Practical Law and the Wage & Hour Defense Institute will present a free 75-minute webinar providing guidance on minimum wage and overtime pay exemptions applicable to sales employees under the Fair Labor Standards Act.
Government Contracts Legislative and Regulatory Update – December 2016
Insight
Dentons has published the latest edition of its “Government Contracts Legislative and Regulatory Update,” a summary of the relevant changes that took place during November.
South Korea Fines Qualcomm $854 Million for Violating Competition Laws
News
South Korea’s antitrust regulator fined Qualcomm Inc $854 million for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court, reports Reuters.
If Republicans Repeal Health Law, Paying For A Replacement Could Be Tough
News
Leading Republicans in Congress have vowed that even if they repeal most of the Affordable Care Act early in 2017, a replacement won’t hurt those now receiving benefits, reports NPR.
Event – A Wake-Up Call: Antitrust Compliance in the U.S.
Event, Jan. 19, NYC
Bloomberg BNA will present a complimentary event to discuss the widespread corporate apathy towards antitrust risks – and why the business community needs a collective wake-up call.
For Trump Tax Cuts, Pay Legal and Other Bills In 2016
News
Trump’s plans make paying expenses in 2016 especially attractive if you can deduct them. The deductions may be worth a lot less in 2017, writes Robert W. Wood for Forbes
