By Joseph Lazzarotti, Esq. of Jackson Lewis LLP
Most breach notification mandates require a notice be provided without unreasonable delay. In some cases, such as under HIPAA, the same standard applies but also with an outside date to provide the notice - 60 days
No Free Labor Interns May Qualify As Employees Under Fair Labor Standards Act
By Jesse D. Rutter, Esq. of Goldberg Segalla LLP
Just because your summer intern does not expect to get paid does not mean that they may not be subject to wage-hour laws. A recent decision in the United States District Court for the Southern District of New York held that interns, despite not having an expectation of getting paid, may be classified as employees under the Fair Labor Standards Act ("FLSA").
Financial Tip of the Month
By Mike Brady of Brady Financial Group LLC
When hiring a new producer who owns their book make certain both parties fully understand the transaction. You will of course perform the due diligence necessary on the book you are acquiring, ensure the producer does indeed own the business and is not in position where they would violate a non-compete agreement
California and Illinois Appellate Courts Uphold Contractual Statute of Limitations Provision Abrogating Delayed Discovery Rule
By Cassidy E. Chivers, Esq. of Hinshaw & Culbertson LLP
Two recent appellate decisions in California and Illinois confirmed the validity of standard 1997 AIA clauses providing that the statute of limitations for causes of action between the contracting parties shall accrue from the date of substantial completion, thereby abrogating common law and statutory delayed discovery rules that generally set the accrual date at when the plaintiff knew or should have known of facts giving rise to the cause of action
Insurance Coverage Tip
Lauren Tizio of Martin & Company
New Craft Beverage Program
Cincinnati recently introduced a new Craft Beverage Program, which provides Liability, Inland Marine, Property and Crime coverage to eligible risks such as Breweries, Wineries, Distilleries and Restaurants. Liability coverage specifically addresses Product Recall Expense, while Inland Marine coverage is provided for Food & Beverage Transportation and Temperature Change.
Complexity of Obamacare
By Aaron Peterson of CenterPointe Solutions Inc.
Learn how the Affordable Care Act (ACA) requires insurers to provide coverage for a package of Essential Health Benefits in 10 benefit categories, effective the first plan year on or after Jan. 1, 2014. The requirement applies to all fully insured health plans offered in the small group and individual markets, and includes all product types.
Ethics in the Virtual Office
By Marc Zimet, Esq. of Jampol Zimet LLP
Attorneys who practice out of the "virtual" office are becoming more common. Perhaps it is the overhead costs deterring some from shelling out for a physical address, or the ease with which one can practice entirely online, or maybe a bit of both.