Clarification Regarding the Interplay Between the DOL’s Plan Asset and Fiduciary Definition Regulations

Insight Thomas M. White Thomas M. White · June 21, 2017
If a plan investment in a vehicle is not covered by the plan asset regulation, is a person who recommends that investment a fiduciary to ERISA plans? Read more here > This clarification is a supplement of Mr. White's previous article: DOL’s New Fiduciary Definition and the Marketing of Hedge Funds The Department of

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What are the Potential Perils of Ex-Politicians in University Posts? - Times Higher Education

Insight Stephen Joel Trachtenberg Stephen Joel Trachtenberg · June 14, 2017
Rimon Partner and President Emeritus and University Professor of Public Service at The George Washington University, Stephen Trachtenberg, was quoted in Times Higher Education Magazine about the pros and cons of ex-MPs turning to academia for employment. Dr. Trachtenberg has supervised the transition of several former

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Client Alert: Only in New York? Assignee Permitted to Enforce Mortgage Without Being Holder of the Note

Insight Douglas J. Schneller Douglas J. Schneller · June 09, 2017
Can an assignee of an interest in a mortgage and mortgage note by way of a written assignment enforce the underlying obligations under New York law if the original note was not delivered and indorsed to it? On May 31, 2017, in an unsigned opinion that will interest sellers and buyers of loans and other loan market participants, the Court of Appeals

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Client Alert: 2nd Circuit Affirms Debtor’s Decision to Nix Sale After Market Price Increases

Insight Douglas J. Schneller Douglas J. Schneller · June 09, 2017
In a decision that will be of interest to distressed investors and sellers and buyers of bankruptcy claims, the United States Circuit Court of Appeals for the Second Circuit affirmed a lower court decision which permitted a claims seller – and debtor in bankruptcy – to disapprove a trade confirmation after the market price had

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Client Alert: DOL’s New Fiduciary Definition and the Marketing of Hedge Funds

Insight Thomas M. White Thomas M. White · June 09, 2017
The Department of Labor has adopted a modified definition of what investment advice makes a person an ERISA fiduciary.  The new definition is broader than the one it replaces and hedge fund managers need to be aware of the new running rules when they market their funds if fiduciary status is to be avoided. Learn more about this new rule's

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FTC Warns Celebrities Over Social Media Endorsements

Insight Joseph I. (“Joe”) Rosenbaum Joseph I. (“Joe”) Rosenbaum · June 08, 2017
The Federal Trade Commission (FTC) has been trying for years to make so-called "influencers" clearly disclose when they are being paid for, or otherwise benefit financially from, promoting a product over social media so audiences are aware of the incentive involved in that promotion. In a news release, the FTC said it sent more than 90 letters to

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Client Alert: No Peace in Sight for Net Neutrality

Insight Stephen Díaz Gavin Stephen Díaz Gavin · June 05, 2017
The way the U.S. Government regulates the Internet is back in play again. The outcome of the long running battle over “net neutrality” and regulation of the Internet – now more than 15 years old - is still uncertain. However, one thing is sure: for now, the Federal Communications Commission (FCC) is stepping back from the

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Practicing Law Should Not Be at Odds With One’s Well-being

Insight Natasha Dorsey Natasha Dorsey · June 01, 2017
In this article published in The Florida Bar YLD’s Health & Wellness Section, Natasha Dorsey explains how Rimon attorneys can practice law without trading off their well-being. Harnessing the power of the internet and radically rethinking the law-firm structure, Rimon offers a new operating model that relies more on technology and

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Content Governance and Management in the Era of Big Data: A Road Map to the Risks and Opportunities - CLE Webinar Recording

Insight John Isaza John Isaza · May 25, 2017
Clearly defined accountability for ownership and management of records and content has become an imperative. This hour-long webinar provided a crisp, comprehensive view of the obligations and opportunities of boards, executives and managers to control risks and take advantage of opportunities in the era of Big Data.  Presentation provided by

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Client Alert: U.S. Treasury Regulation Changes Could Impact Foreign Owned Single Member LLCs.

Insight Melinda Fellner Bramwit Melinda Fellner Bramwit · May 23, 2017
Changes to US Treasury Regulations Under Section 6038 of the Internal Revenue Code could affect filings for single member LLCs owned by non-US persons. Many non-resident individuals and non-resident entities maintain title to real estate and other assets in single member limited liability companies incorporated under state law in the United

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