Client Alerts Archives - Page 5 of 37

Client Alerts Commercial & Public Finance NewsLegislation Prohibiting Tax-Exempt Bonds for Professional Sports Stadiums Reintroduced in Congress

February 22, 2023

By Eugene G. Bernardo II and David M. DiSegna Legislation has been introduced in the United States House and Senate entitled the “No Tax Subsidies for Stadiums Act of 2023,” which would eliminate the tax exemption for bonds used to finance professional sports stadiums. The companion bills were introduced by Senators Lankford (R-OK) and Booker...

Client Alerts Litigation & Disputes NewsCourt Clarifies When Duty to Preserve Evidence in Litigation Arises

February 14, 2023

By Paul M. Kessimian, Christian R. Jenner and Hannah Y. Amadei The duty to preserve potentially relevant documents and electronically stored information is an important obligation that arises in litigation, and one that litigants and their attorneys must not take lightly. But at what point does this duty arise? In a recent decision, Judge Salinger of...

Client Alerts News NonprofitNonprofits Take Note! Recent Expansion of Qualified Charitable Distribution Rules

January 9, 2023

President Biden recently signed into law the Secure 2.0 Act of 2022. The Act contains, in part, an expansion of the rules for qualified charitable distributions. A qualified charitable distribution (“QCD”) is a direct transfer of funds from an individual retirement account to a qualified charity. Two of the highlights, which are effective for the...

Client Alerts News Real EstateMassachusetts Appeals Court Strikes Down Commercial Landlord’s Right to Collect Accelerated Rent Upon a Tenant Default

January 4, 2023

In the December 5, 2022 opinion (Cummings Properties, LLC v. Darryl C. Hines, No. 21-P-1153), the Massachusetts Appeals Court considered whether a commercial landlord can collect accelerated rent upon a tenant default, specifically when the landlord is also collecting rent from a new tenant for the same premises. Surprising many commercial real estate professionals, the...

Client Alerts Commercial & Public Finance NewsMunicipal Securities Disclosure Will Be Subject To New Data Standards

December 28, 2022

By Eugene G. Bernardo II and David M. DiSegna The Financial Data Transparency Act of 2022 (the “Act”), which was included as part of the National Defense Authorization Act, was signed into law on December 23, 2022. The Act requires that various federal regulatory agencies jointly issue proposed rules within eighteen (18) months, which establish...

Client Alerts Employment & Labor NewsRhode Island Pay Equity – Here’s The Notice That Must Be Posted by January 1

December 22, 2022

We have previously provided information on the new Rhode Island Pay Equity law, which goes into effect on January 1, 2023, available here: RIDLT Proposes Regulations and Issues Compliance Guidance for the New Pay Equity Law and here: Rhode Island’s New Pay Equity Law Changes How Employers Must Compensate Their Workforce. Since our last alert, the Department of...

Client Alerts NonprofitNonprofit Compliance and Best Practices “To Do” List

December 6, 2022

Whether you run a nonprofit or serve on the Board, you have a responsibility to make sure the organization is in compliance. There never seems to be enough time to step back, take stock, and launch that preventative compliance review. At a minimum, there are things that any nonprofit can do – and every nonprofit should do:...

Client Alerts Employment & LaborBlitz for 6: Rhode Island TCI Benefits to Increase to a Maximum of Six Weeks Beginning January 1, 2023

November 22, 2022

By Alicia J. Samolis and Michael A. Gamboli With the new year just a handful of weeks away, employers should take note of one notable change to the Rhode Island Temporary Caregiver Insurance Program (“TCI”) taking effect in 2023. Beginning January 1, 2023, the maximum amount of time eligible employees may collect paid caregiver benefits...

Client Alerts Employment & LaborThe NLRB is Back at it Again: New Proposal Broadens Definition of “Joint Employer”

September 13, 2022

By Alicia J. Samolis and Michael A. Gamboli On September 7, 2022, the National Labor Relations Board (“NLRB”) published a proposed rule (“Proposed Rule”) rescinding and replacing its current rule for determining joint-employer status under the National Labor Relations Act (“Act”). If adopted in its current form, the Proposed Rule would significantly expand the conditions under...

Client Alerts NonprofitPSH Assists The Beacon Mutual Insurance Company with Establishing The Beacon Foundation

July 21, 2022

For over thirty years, Beacon Mutual has been the leading provider of workers’ compensation insurance in Rhode Island. Beacon Mutual makes it a part of its mission to care about Rhode Islanders. Now, they will fulfill that mission in part through funding The Beacon Foundation. The Beacon Foundation, through the issuance of donations and grants, will...

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