On March 24, 2025, the rule and form amendments to EDGAR that were adopted by the Securities and Exchange Commission (“SEC”) on September 27, 2024 became effective and the EDGAR Next dashboard went live. These amendments are…
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On April 3, 2025, the Department of Labor issued Field Assistance Bulletin No. 2025-02 (the FAB), providing initial guidance and updated models for defined benefit plan Annual Funding Notices that comply with the notice…
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/ Administrative Law, Labor & Employment Law, Taxation
The Maine Department of Agriculture, Conservation and Forestry issued final rules on Permitting Solar Energy Developments on High Value-Agricultural Land, with an effective date of April 20, 2025 (the “Rule”). The Rule…
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/ Agriculture, Energy & Utilities, Environmental Law, Zoning, Planning & Land Use
On Labor Day, September 2, 1974, Gerald Ford signed the Employee Retirement Income Security Act (“ERISA”) into law.
ERISA governs the employee benefit plans (i.e., retirement and welfare plans) of most private employers in the…
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/ Insurance, Labor & Employment Law
On the first day of his Presidency, among 26 other Executive Orders that day, Donald Trump issued his Unleashing American Energy Executive Order rescinding President Biden’s Executive Order 14096 of April 21, 2023 (Revitalizing…
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/ Administrative Law, Elections & Politics, Environmental Law, Zoning, Planning & Land Use
On March 21, 2025, FinCEN published an “interim final rule” (IFR) that makes sweeping changes in the reach of the Corporate Transparency Act. The IFR is immediately effective and eliminates all BOI report obligations for all…
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/ Administrative Law, Business Organizations, Constitutional Law, Finance & Banking
Many employers are facing challenges in incorporating high-cost GLP-1 medications, such as Mounjaro, Ozempic, Rybelsus, Trulicity, and Wegovy, into their group health plans, as they must balance the cost to the group health plan…
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/ Health, Insurance, Labor & Employment Law
It is axiomatic that a person who has fiduciary responsibility with respect to an ERISA benefit plan must monitor the performance of any plan service provider or other person to whom it has delegated fiduciary duties on an…
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/ Business Organizations, Labor & Employment Law
On March 2, 2025 the U.S. Treasury Department laid waste to about a million law firm postings about the Corporate Transparency Act, announcing that Treasury now intends to propose fundamental changes to the CTA Rule and that all…
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/ Administrative Law, Business Organizations, Finance & Banking
Since we last discussed environmental, social, and corporate governance (“ESG”) developments in the context of ERISA retirement plans, ESG litigation has taken a rather unexpected turn. Although the plan lineup in Spence v…
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/ Labor & Employment Law, Finance & Banking, Business Torts
President Trump’s Executive Order 14224 reinforces and expands a 2019 Executive Order which aimed to improve healthcare price transparency. On February 25, 2025, President Trump signed a new 2025 Executive Order entitled “Making…
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/ Administrative Law, Consumer Protection, Health
On February 27, 2025, FinCEN issued a press release announcing future changes but giving no guidance about the scope of those changes:
“No later than March 21, 2025, FinCEN intends to issue an interim final rule that extends…
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/ Administrative Law, Business Organizations, Finance & Banking
On January 14, 2025, the Maine Department of Environmental Protection (“DEP”) issued a new Maine Construction General Permit (“MCGP”). The new permit replaces the prior 2006 MCGP, which expired and had been administratively…
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/ Administrative Law, Construction Law, Environmental Law
Updated February 20, 2025.
The CTA seesaw continues. On February 19, FinCEN announced it is reinstating the CTA reporting obligations and setting new deadlines for submissions. Says FinCEN:
“For the vast majority of…
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/ Business Organizations, Finance & Banking, Securities Law
“Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other than the owner. These plans offer a greater retirement savings opportunity…
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/ Business Organizations, Labor & Employment Law, Taxation
