The National Labor Relations Board has ruled that the test for determining whether a joint employer relationship exists hinges on whether the entities have “direct and immediate control” over employment terms. Andrew MacDonald clarifies the process and its impact on employers.
Sens. John Cornyn (R-TX) and Elizabeth Warren (D-MA) introduced the Bankruptcy Venue Reform Act of 2017, a bill that would limit access to popular bankruptcy courts in New York and Delaware and change the landscape for corporate bankruptcies. Fox attorney Mette Kurth examines initial responses.
The Commodities Futures Trading Commission is suing to shut down virtual currency fraud schemes. In a post on Tax Controversy Sentinel blog, Fox Partner Matthew D. Lee reports that one suit focuses on a New York firm’s purchases and trading of Bitcoin and Litecoin. A second charges a Colorado resident and his United Kingdom-registered company with a Ponzi-style scheme involving the solicitation of Bitcoin from investors.