Scott Ziance, partner in the Vorys Columbus office and Jon Stock, of counsel in the Vorys Columbus office co-authored an article for Area Development titled “Putting Your Best Foot Forward: Presentation of Incentives Information to the Media”.
On May 4, 2022, the Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay a $10 Million civil penalty for its improper garnishment practices.
Currently, seven states require employers to provide (either proactively or upon request) a position’s wage or salary information to applicants, and, in some cases, to employees.
On May 3, 2022, the U.S. Citizenship and Immigration Services (USCIS) announced that the Department of Homeland Security is temporarily amending existing regulations providing for the automatic extension of certain Employment Authorization Documents (EADs).
Under Washington law, employers are already prohibited from requiring employees sign nondisclosure agreements that restrict their ability to disclose workplace sexual harassment and assault.
Like the federal Fair Labor Standards Act (FLSA), Ohio’s overtime law requires that employees be paid 1.5 times their regular hourly rate for hours worked in excess of 40 in a workweek.
Judge Alan Albright, District Court Judge for the Western District of Texas, granted summary judgment in a patent infringement lawsuit brought against Bumble Trading LLC (Bumble), the dating app company, finding the patents asserted against it were invalid under the rarely-used “original patent” requirement of 35 U.S.C. § 251(a).
New York recently amended the state’s Civil Rights Law to require employers to provide their employees with prior notice of any telephone, email or internet monitoring.
In April 2022, the Massachusetts Supreme Judicial Court held that employers are strictly liable under the Massachusetts Wage Act for treble damages when making late final wage payments.
On April 7, 2022, the Federal Deposit Insurance Corporation (FDIC) released a Financial Institution Letter requesting that all FDIC-supervised institutions that intend to engage in, or that are currently engaged in, any activities involving or related to crypto assets provide notice to the FDIC.
In this edition of Development Incentives Quarterly, we welcome Subash Alias, Chief Executive Officer of the Missouri Partnership, a public-private economic development organization that has worked with partners to attract companies that have created more than 29,000 jobs and $4.8 billion in new capital investment in Missouri.
On March 2, 2022, the Ohio Tax Credit Authority (TCA) made 13 awards for a total of $100,000,000 of tax credits pursuant to Section 122.09 of the Ohio Revised Code, the Transformational Mixed-Use Development (TMUD) Tax Credit.
Vorys was pleased to be able to hold its 7th Annual Vorys Economic Development Incentives Conference back in person this year! The event, held in February 2022, drew more than 200 guests from a broad range of businesses, developers and government entities and featured speakers from around the country.
Perhaps the most significant change in decades to Ohio real property tax valuation contests has been adopted by the Ohio General Assembly and was signed into law by Governor DeWine on April 21, 2022.
On March 21, 2022, the Securities and Exchange Commission (SEC) proposed amendments to Regulation S-K and Regulation S-X to require registrants to disclose climate-related information in registration statements, annual reports on Form 10-K and audited financial statements filed with the SEC. These proposed rules represent the SEC’s latest effort to advance the climate agenda of the Biden Administration, which describes climate change as “systematic to our economy and financial system.”
The USPTO’s Patent Pro Bono Program provides free legal assistance to qualifying inventors and small businesses for the preparation and filing of patent applications.
On Thursday, March 24th, the United States Patent and Trademark Office (USPTO), in collaboration with the Patent Trial and Appeal Board (PTAB), announced a new Pro Bono Program for qualifying inventors, marking a great step forward in supporting innovation.
Earlier this month, the Equal Employment Opportunity Commission (EEOC) provided updated and additional guidance regarding caregiver discrimination under federal employment laws in light of the ongoing COVID-19 pandemic and its aftermath.