Marjorie Glover, David Gallai and Rachel Kurth write a monthly column in the Employee Benefit Plan Review providing expert insight into employee benefits questions. This month's article addresses questions concerning pension plan relief, expanded FMLA leave that must be paid, new plan withdrawal provisions, 401k distributions upon sale of business and severance plans and ERISA.
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Last November the Financial Conduct Authority (FCA) published Policy Statement 23/16 (PS23/16) containing final rules and guidance on sustainability disclosure requirements (SDR) and investment labels (UK SDR regime).
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We are delighted to announce that Al Hounsell, Director of Strategic Innovation & Legal Design based in our Toronto office, has been named 'Innovative Leader of the Year' at the International Legal Technology Association (ILTA) Awards.
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After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
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