Searching Content indexed under Employee Benefits & Compensation by Stroock & Stroock & Lavan LLP ordered by Published Date Descending.
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U.S. Department Of Labor Issues FLSA Overtime Regulations
On March 7, 2019, the U.S. Department of Labor issued its long-awaited proposal to increase the salary threshold for employees to be classified as exempt from the minimum wage and overtime requirements of the federal FLSA.
United States
21 Mar 2019
Employment Basics For Family Offices In New York
Operators of family offices or other small businesses may not realize that they are obligated to comply with federal, state and local labor and employment laws.
United States
22 Aug 2018
Ides Of March Special: 5Th Circuit Assassinates DOL Fiduciary Rule
On March 15, 2018, the United States Court of Appeals for the 5th Circuit vacated in its entirety the Department of Labor's revised investment advice fiduciary rule (the "Fiduciary Rule") ...
United States
20 Mar 2018
New York Paid Family Leave Law Takes Effect On January 1, 2018
On January 1, 2018, virtually all employers in New York will be required to provide Paid Family Leave to their employees.
United States
5 Dec 2017
Tax Reform: Now It's The Senate's Turn
On November 9, 2017, the Senate Republicans released their version of the sweeping tax reform plan. Although the Senate Plan has many proposals that are similar to those in the House Bill...
United States
13 Nov 2017
"Mind Your Own (Unrelated) Business!!"
On November 6, 2017, House Ways and Means Committee Chairman Kevin Brady introduced the Tax Cuts and Jobs Act, the long- awaited Republican-sponsored tax bill.
United States
8 Nov 2017
Tax Me Now; Pay Me Later? House Majority Tax Bill Changes To Common Executive Compensation Arrangements And Benefits
On November 6, 2017, House Ways and Means Committee Chairman Kevin Brady (R-TX) introduced the Tax Cuts and Jobs Act, the long-awaited Republican-sponsored tax bill.
United States
7 Nov 2017
"U.S. Department Of Labor To Revisit FLSA Overtime Regulations"
The DOL has not abandoned its goal of updating the overtime regulations, however. The new Labor Secretary, Alexander Acosta...
United States
22 Sep 2017
The Immaculate (Church-Affiliated) Exception? Supreme Court Gets Religion On ERISA
The Supreme Court's unanimous decision on June 5, 2017 in Advocate Health Care Network v. Stapleton is a significant victory for church-affiliated hospitals and similar institutions.
United States
9 Jun 2017
"A Second Opinion On DOL Fiduciary?"
On June 1, with a nod to recent developments generated by DOL rulemaking, SEC Chair Jay Clayton issued a call for public comments from retail investors on standards of conduct on investment...
United States
7 Jun 2017
"... And Without Further Delay (But With Much Ado) DOL Fiduciary Rule to Debut June 9th"
On May 23, 2017 the Wall Street Journal published a letter by Secretary of Labor Alexander Acosta in connection with the Department of Labor's new "investment advice" fiduciary rule (the "Fiduciary Rule") under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") affecting accounts subject to ERISA ..
United States
24 May 2017
Matters of Interest - Constitutional Amendment By Legislative Referral: How Public Pensions Could Be Affected
This coming November, New York voters will find a referendum on the ballot on whether there should be a Constitutional Convention to amend the New York State Constitution.
United States
7 Apr 2017
Quoth The DOL, ‘Nevermore'? Delays Fiduciary Rule Until June – But Isn't Raven About Future Action
On April 4, 2017, the Federal Register posted a notice of delay of 60 days by the U.S. Department of Labor of the first scheduled applicability date for the so-called investment advice "fiduciary" (or conflict of interest) rule ...
United States
6 Apr 2017
"Will Time Derail 'Fiduciary' Delay's Arrival? DOL FABulously Pledges to 'Mind the Gap' on Enforcement"
On Friday, March 10th, the Department of Labor released guidance concerning its enforcement policy under the "fiduciary" rule scheduled to take effect on April 10th. On March 2nd, the Department asked for comments on a 60-day delay and, separately, the President issued a Memorandum with questions to the Department concerning the rule.
United States
13 Mar 2017
It's About Time! DOL Proposes Delay Of Fiduciary Rule
The Department also requests additional comments on the rule and exemptions to date.
United States
3 Mar 2017
DOL Fiduciary and Yesterday's Super Bowl: No Delay of Game (Yet) and Overtime Possible
On Friday, President Trump issued a Memorandum to the Secretary of Labor concerning the investment advice "fiduciary" rule under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), which is scheduled to be "applicable" on April 10 (the "Fiduciary Duty Rule").
United States
6 Feb 2017
Recent Developments In U.S. Department Of Labor Overtime Regulations And Impact For New York Employers
In late November 2016, Judge Mazzant of the U.S. District Court for the Eastern District of Texas issued a preliminary injunction preventing the U.S. Department of Labor ("DOL") from implementing new regulations which, among other things,
United States
23 Jan 2017
Final Fiduciary Rule Means ERISky Business: Will BICkering Follow?
On April 6, 2016, the Department of Labor (referred to herein as "DOL" or the "Department") issued its long-awaited changes to the definition of an "investment advice" fiduciary and accompanying exemptions.
United States
12 Oct 2016
AESOP’s Foibles? SCOTUS: Being A "Moench" Not Enough Under ERISA
The United States Supreme Court unanimously rejected a more defendant-favorable presumption in so-called "stock-drop" litigations.
United States
30 Jun 2014
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