Posts
April 23 2024
Client Alert: EEOC Issues Final Regulations for the Pregnant Workers Fairness Act: Key Takeaways for Employers
The U.S. Equal Employment Opportunity Commission (EEOC) issued final regulations implementing the Pregnant Workers Fairness Act (PWFA). The final regulations clarify employer obligations to provide reasonable accommodations to employees and applicants affected by pregnancy, childbirth, or related medical conditions and will become effective on June 18, 2024.
Click here to read the alert.
April 22 2024
Client Alert: US Supreme Court Holds That Lateral Transfers May Violate Title VII Even Absent Significant Harm
In a unanimous decision, the US Supreme Court resolved a split across various circuit courts in holding that Title VII prohibits discriminatory job transfers even when the employee is not subjected to significant harm.
Click here to read the alert.
April 04 2024
Altman-Backed SPAC That’s Targeting Nuclear Firm Has Surged 22%
Investors have piled into the blank-check firm backed by Sam Altman and Michael Klein that’s taking a developer of advanced nuclear systems public, making it the top performing SPAC on the market.
www.bloomberg.com
March 14 2024
Client Alert: Texas Court Vacates NLRB’s Broad Joint Employer Final Rule
As previously reported, last year the National Labor Relations Board (“NLRB”) released a final rule that would make it easier for employers to be considered a joint employer under the National Labor Relations Act (“NLRA”). This final rule was set to take effect on March 11, 2024, exposing many employers to the burdensome requirements of the NLRA. However, the final rule was vacated by a Texas federal judge on March 8, 2024.
Click here to read the alert.
March 12 2024
Client Alert: New York City Publishes Workers’ Bill of Rights
Late last year, New York City enacted a law requiring all employers to provide their employees with a “Worker’s Bill of Rights.” Earlier this month, the New York Department of Consumer and Worker Protection published the “Workers’ Bill of Rights” to be posted and distributed. The poster contains a QR code, which refers employees to the full Workers’ Bill of Rights.
Click here to read the alert.
March 07 2024
UK Blank-Check Company’s Cash Turns It From Buyer to Target
For tiny companies, raising money is so tough these days that they’ll try almost anything, even if it means turning the normal order of things upside down. Take Belluscura Plc, for example. The medical-device company, listed on the London Stock Exchange, issued roughly $7 million of stock to get its hands on about $6 million of cash, in an intriguing takeover where the target was a blank-check company.
www.bloomberg.com
March 04 2024
Client Alert: CDC Drops 5-Day COVID Isolation Guidelines
On March 1, 2024, the Centers for Disease Control (“CDC”) updated its guidelines for individuals infected with COVID-19, unifying its isolation recommendations for those with the flu, RSV and COVID-19, and recommending affected individuals isolate until (1) they have been fever-free for 24 hours without the assistance of medication and (2) their symptoms are improving.
Click here to read the alert.
February 24 2024
Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion. The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the second half of the year, pending regulatory and shareholder approvals. The combined company will be listed on Nasdaq as Webull under a new ticker.
www.cnbc.com