Weekly Industry News: Financial Services, Insurance & Reinsurance

Financial Services, Insurance & Reinsurance – the latest on J.P Morgan’s prepaid card business, the financial services data center and more. Rethinking The Financial Services Data Center by Greg MacSweeney Published on wallstreetandtech.com The great boom in building financial services datacenters is over. In fact, it ended a few years ago. Although it hasn’t been that long since…

Doing Business in North America

Expert Guest Article Submitted by Chris Trebilcock, Originally Published on Millercanfiel.Com   Click on the image to read the complete publication.     Related Event When: Thursday, January 30 to Friday, January 31, 2014 Where: Hyatt Regency Miami, Miami, FL To Learn More, Visit: http://www.americanconference.com/WageMIA  Chris Trebilcock will be presenting at ACI’s Wage & Hour Claims and Class Actions Forum…

Weekly Industry News – Pharma & Healthcare

Pharma & Healthcare – the latest on proposed rules to expand from healthcare reform, Sanofi to pay $700 Milion for Alnylam Drugs and Stake and more.   Proposed Rules Expand Exceptions from Healthcare Reform by Lori Oliphant Published on jdsupra.com On December 24, 2013, the Departments of Treasury, Labor, and Health and Human Services (collectively, the “Departments”) jointly issued proposed…

Weekly Industry News – China & Singapore: Legal, Regulatory and Compliance

China & Singapore: Legal, Regulatory & Compliance – the latest on China”s export growth, the China Food and Drug Administration and more. China December export growth slows  by XIAOYI SHAO and KEVIN YAO Published on Reuters.com China’s export growth slowed more than expected in December due to a higher comparison base a year earlier and a clamp-down…

Weekly Industry News – Employment Law

Employment & Benefits – Seventh Circuit address worker’ compensation policy, New Jersey law against discrimination and more. Seventh Circuit Addresses Coverage Under Workers’ Comp Policy By Brian Bassett, Robert Dennison, Neal Kojima, Brian Margolies  Published on jdsupra.com In its recent decision in YKK USA, Inc., v. Safety Nat’l Cas. Corp., 727 F.3d 782 (7th. Cir. 2013), the United States Court of…

Sixth Circuit Clarifies Use of Joint-Employer Doctrine in Title VII Cases

Expert Guest Entry by Marcus Pringle The Sixth Circuit Court of Appeals in Maurice Knox v. Skanska USA Building, Inc., 6th Cir Nos. 12-5967; 12-6236 (Dec 10, 2013), held that a defendant can be liable under the Joint-Employer Doctrine in a Title VII case. In Knox, a general contractor, Skanska USA Building (“Skanska”), subcontracted with C-1, Inc. (“C-1”). C-1…

Weekly Industry News – Anti-Corruption / FCPA and International Trade

Anti-Corruption /FCPA & International Trade – Thai officials face anti-corruption inquiry, Microsoft partners undergo anti-corruption training and more. 308 Thai Officials Face Anticorruption Inquiry by THOMAS FULLER Published on NYTimes.com The anticorruption authorities in Thailand announced Tuesday that they were opening investigations of 308 lawmakers, most of them from the governing party, on suspicion of “malfeasance…

NLRB Gives Up Poster Rule Fight

Expert Guest Entry by Jon Secrest On January 6, 2014, the National Labor Relations Board (“NLRB”) threw in the towel on its fight to require all employers to post an official notice informing employees of their right to unionize.  The NRLB announced it would not seek a review of two appeals court decisions that struck down the…

Weekly Industry News – Financial Services, Insurance & Reinsurance

Financial Services, Insurance & Reinsurance – UPS accused of overcharging, credit card predictions for 2014 and more. Fed Should Know Corporates Losing to Derivatives: Credit Markets by  Lisa Abramowicz  Published on BusinessWeek.com Bond investors’ purchases of derivatives averaged the most in five years in 2013 as they sought ways to both amplify bets and hedge against…

Weekly Industry News – Pharma & Healthcare

Pharma & Healthcare – the latest on the FDA quality requirements, J&J $12.5M gamble and more. FDA alerts drive quality requirements upwards in pharma industry: Albert Stevens, IMCD Group by Rakesh Rao  Published on BusinessStandards.com The Euro 1.3-billion Dutch company, IMCD Group BV, is one of the leading distributors of speciality chemicals, representing major global producers and offering…