On Working Parents Day, Pasha Law celebrates the amazing parents who work hard for their families! Check out our blog article about the Families First Coronavirus Response Act and what it could mean for your business, including Employer Tax Credits for paid leave: https://www.pashalaw.com/an-employers-guide-to-the-families-first-coronavirus-response-act-concerning-paid-leave/
The ink is drying on the signature line and things are looking great for our buyer. After so much hard work, the finish line is in sight and the cheering within ear shot.
Though the landlord is still serving friction, things seem safe to move forward and for now, our buyer will be keeping on the entire team. With the closing just around the bend, will all of our efforts and close attention to detail finally pay off? They say dot your I's and cross your T's, lets hope there isn't one more wrench looking for an engine.
Governor Gavin Newsome signed AB 2257 this month, allowing for additional exemptions to the controversial AB 5, which reclassified many contractors as employees. Though predominantly aimed at the app gig economy, the 2019 bill unintentionally reclassified many independent professionals running their own businesses, including franchise business owners and freelance creatives, among others. The law could see additional changes by the end of the year, as Proposition 22 is on the November ballot to ensure gig workers can remain independent contractors.
The federal government proposed 16 Stark and Anti-Kickback rule changes in October 2019. The policy behind the changes was to make healthcare more accessible to patients and allow physicians to enter into arrangements to allow patients to get better care that would normally be prohibited under Stark and Anti-Kickback Statutes. The main proposed changes are related to making value-based arrangements and coordinated care between providers easier. As healthcare providers move away from fee-for-service arrangements towards value-based arrangements, it is likely that the new proposed exceptions will increase the need for value-based arrangements if passed.
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In August, a federal judge overturned a lower court ruling in a case brought by Tiffany & Co. against Costco. Costco sold rings described as having a "Tiffany setting.” The judge determined the description is commonly used enough to negate the trademark claim for this instance. "Tiffany setting" has achieved "Kleenex status," meaning that the phrase is so commonly used to describe the product that it causes little to no consumer confusion. Trademark law exists to prevent consumer confusion about the source of a good or service, so if a trademarked brand name becomes common enough to classify an entire product or service category, the trademark becomes irrelevant.
What does “care” mean to the Pasha Law team?
Follow along with us this month as we explore this important value and how we approach our clients with care!
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Need a contract drafted or reviewed? Need to terminate an employee? Need business legal advice on structuring your business or maintaining regulatory compliance? Whatever your legal needs, General Counsel Select has your business covered, all with a commitment to no hidden fees and no surprise bills.
Amazon Held Liable for Third-Party Products
A California appeals court ruled in August that Amazon is liable for a defective laptop battery sold by a third-party seller, but warehoused, marketed, and shipped by Amazon. Amazon claims that the case was "wrongly decided" and that the decision is contrary to "well-established law." Pending an appeal to the state Supreme Court, the ruling could open Amazon to additional lawsuits, unless it more strictly regulates third-party sellers.
The Securities and Exchange Commission Updates Definition of “Accredited Investor”
The SEC announced yesterday that it is amending the qualifications that define an "accredited investor" to include certain financial certifications and credentials, or knowledgable employees of a fund, among others. The "accredited investor" title is required to participate in certain private capital markets, and the more inclusive definition is expected to expand the pool of qualified accredited investors beyond the previous specific income or net worth requirements.
Female entrepreneurship has steadily increased over the years. The National Association of Women Business Owners reports that there are more than 11.6 million businesses owned by women, generating $1.7 trillion in sales. However, even with increased representation among small business owners, female entrepreneurs make up only a small percentage of overall business owners. Even more worrisome is that 90 percent of all women-owned businesses are sole proprietors, meaning that only 10 percent hire employees. This means that most female-owned businesses do not have the growth needed to sustain or acquire additional employees. When asked what is needed for additional growth, studies have shown that 48 percent of women cite a lack of needed mentorship and a third of women cite lack of capital as a constraint.
It’s National Women’s Equality Day
Today we celebrate the ratification of the 19th Amendment granting women the right to vote. In an effort to continue to provide help to historically underserved populations, there are several certifications for Women- and Minority-owned businesses. Need help with the process? Reach out! The Pasha Law team has resources to guide you.
McDonald’s Files Lawsuit Against Former CEO Over New Evidence of Misconduct
Having been ousted last year for engaging in a consensual relationship with a subordinate (a company policy violation), McDonald's former CEO Steve Easterbrook is now being sued by the company for the $40 million exit package he received. New evidence has emerged of additional relationships, which Easterbrook had obscured from previous investigations.
Cigna Potentially in Violation of the False Claims Act
In a $1.4 billion lawsuit, a whistleblower accuses Cigna of falsely classifying diagnoses of its Medicare Advantage program members in order to receive billions of dollars in overpayments from CMS. Cigna's response is that they will defend themselves against all "unjustified allegations."