Publication
Price cap on Russian oil comes into effect
The US has determined to impose a price cap on crude oil of Russian Federation origin of US$60 per barrel, effective December 5, 2022.
US: It’s time to reconsider poison pill strategies
When stock prices drop for reasons unrelated to company fundamentals, those companies are vulnerable to opportunistic activists and potential unsolicited acquirors, who can otherwise acquire a large stake before filing a Schedule 13D or 13G or HSR Form. In addition, the CARES Act has provided for enhanced NOL carryback opportunities for some companies, increasing the need to protect their NOL assets. In both cases, companies need to consider measures to protect their shareholders to enable them to benefit from the return to more normal share prices or to realize the value of their NOL assets. In fact, 2020 has already seen a significant uptick in preemptive standard and NOL pill adoption.
View key areas public company boards should consider in the current environment.
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OCR warns impermissible use of online trackers can violate HIPAA
The Office for Civil Rights at the US Department of Health and Human Services issued a 12-page Bulletin highlighting the obligations of HIPAA covered entities and business associates that use online tracking technologies on websites or mobile applications.
Publication
What you need to know: Medicare CY 2023 PFS and OPPS and ASC final rules
The Centers for Medicare and Medicaid Services recently released public inspection copies of its annual payment final rules under the Medicare Physician Fee Schedule and the Hospital Outpatient Prospective Payment and Ambulatory Surgical Center Payment Systems for CY 2023.
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