By Bryan F. Jacoutot, Taylor English Duma LLP
Bitcoin, the world’s first and most popular cryptocurrency, continues its rapid ascent into mainstream consciousness. Initially developed as a method to circumvent traditional financial structures for internet-based transactions, it is increasingly seen as a potentially viable payment method for legacy structures like employment.
By Matthew Kindree, Pallett Valo LLP
Effective 13 June 2019, private corporations regulated under the Canada Business Corporations Act are required to prepare and maintain a register of individuals with “significant control” over the corporation. Previously, the Canada Business Corporations Act (the CBCA) required corporations to maintain a register showing the names of each person holding shares of the corporation, but did not require the corporation to list individuals who were the beneficial owners of such shares or who had direct or indirect control or direction over such shares.
By Elizabeth L. Troutman and Jill R. Wilson, Brooks, Pierce, McLendon, Humphrey & Leonard LLP
By enacting Session Law 2019-245, the North Carolina General Assembly imposed new broad-sweeping requirements to protect children, making the failure to report certain criminal acts perpetrated against children a crime.
By Brian Casaceli and Nicholas Anastasopoulos, Mirick, O’Connell, DeMallie & Lougee, LLP
In what has become a yearly tradition, the National Labor Relations Board (the “Board”) ended another calendar year – this time, 2019 – with a flurry of precedent-altering decisions.
By Dirk Kohlenberg, nbs partners
With the implementation of the 4th EU Money Laundering Directive (RL [EU] 2015/849) in the German Money Laundering Act (Geldwäschegesetz, “GWG”), a transparency register was established in Germany on 01 October 2017.
By D. Beth Langley and Sarah M. Saint, Brooks, Pierce, McLendon, Humphrey & Leonard, LLP
Since there is no federal paid sick leave law in the US, employers’ mandates and employees’ rights vary from state to state and locality to locality. In recent years, thirteen states, Washington, DC, and several localities, have mandated paid sick leave for employees. Further, Maine recently passed a law requiring employers to provide paid leave for employees regardless of reason.
By Edith Huber-Wurzinger, Gaedke & Angeringer Steuerberatung GmbH
When posting and hiring out employees to Austria, companies are required to comply with certain laws and agreements in Austria. Some regulations will be familiar to the employer abroad, others won’t.
By Ran Kamil and Sharon Godesh, Soroker Agmon Nordman | IP & beyond
Often there comes a time during the development of a new product when a prior-art search reveals that someone obtained a patent for an aspect of the product, and the development process hits the patent wall. In such cases, the developer has numerous options: from abandoning the product altogether; obtaining a license from the patent holder; applying to revoke or cancel the patent; purchasing the patent; to launching the product anyway and risking being sued for patent infringement. The disadvantages of all these options are that they are costly and usually require revealing information regarding the development of the new product prior to its launch.
By S. Wilson Quick, Brooks, Pierce, McLendon, Humphrey & Leonard LLP
In this day, data is often one of the most valuable assets companies have and it needs to be protected as such. Guarding data has become crucial for every business, no matter the size and industry. In the first half of 2019, there were 3,800 publicly disclosed breaches and 4.1 billion records exposed according to NortonLifeLock Inc., a global leader in consumer cyber safety. To protect your customers and business, here are five tasks we recommend implementing in 2020.
By Maria Tassou, Pallett Valo LLP
In a decision issued 17 October 2019, Morningstar v Hospitality Fallsview Holdings Inc., the Workplace Safety and Insurance Appeals Tribunal (“WSIAT”) found that a worker’s right to file a civil action for constructive dismissal was statute-barred.