McDermott Will & Schulte
Subscribe to McDermott Will & Schulte's PostsPrivate Equity Firms Face Potential Liability Under Plant Closing Laws
By McDermott Will & Schulte on Apr 22, 2014
Posted In Employment
Private equity firms risk potential liability for Worker Adjustment and Retraining Notification Act violations. Case examples demonstrate the need for proactive activity management, including observing corporate formalities, establishing and filling the director and officer positions of all entities, permitting the operating company management to make the decisions regarding employment terminations and plant closings, and clearly...
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Feds’ Argument in Favor of Premium Tax Credit Gains Momentum, Still Under Attack in Federal Courts
By McDermott Will & Schulte on Feb 27, 2014
Posted In Health and Welfare Plans
A second federal district court judge has ruled in favor of the government on one of the most serious challenges to the Patient Protection and Affordable Care Act of 2010 (ACA). The court dismissed a challenge to the availability of premium tax credits under the ACA. The plaintiffs now have appeals pending in two federal...
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