Insights on Nonprofits & Associations

Trade associations and other cooperatives should heed the warning implied by the US Department of Justice’s aggressive stance in a recent court filing

On November 4, 2021, the Occupational Safety and Health Administration (OSHA) issued its long-awaited emergency temporary standard (ETS) mandating that large employers require employees to be fully vaccinated against COVID-19 or obtain weekly tests and wear face coverings in the workplace.  

Snidely Whiplash kidnaps Nell and, in the show’s opening, ties her to the railroad tracks to get even with his nemesis, Dudley Do-Right, of the famed Royal Canadian Mounted Police. Menacing music plays. 

On October 13, 2021, the EEOC once again issued updated FAQs concerning the application of the Americans with Disabilities Act, Title VII of the Civil Rights Act of 1964, and the Genetic Information Nondiscrimination Act, among others, to issues arising out of the COVID-19 pandemic. 

Large employers should soon have specific guidance on complying with the Occupational Safety and Health Administration (OSHA) vaccine and testing mandate.

On September 24, 2021, the Safer Federal Workforce Task Force published its Guidance for Federal Contractors and Subcontractors that set forth the requirements for a covered contractor.

Last week, in a memorandum to NLRB regional directors, officers in charge, and resident officers, Board General Counsel Jennifer Abruzzo said scholarship athletes who generate millions for their schools “are employees under the NLRA.”

On September 29, 2021, the UK Financial Conduct Authority (UK FCA) proposed that synthetic LIBOR rates (i.e. ‘Zombie’ LIBOR) be published next year for certain currencies, for a maximum of ten (10) years.

in June, FINRA reminded broker-dealers of their best execution obligations which are derived from common law agency principles and fiduciary obligations.

LIBOR, which is the benchmark used in many loans, bonds, and other financial instruments (including derivatives), is scheduled to be phased out shortly.

Name, Image and Likeness (NIL) rights for college and high school athletes remains a hot topic as we enter the start of the academic year. Many sponsors and professional teams see a number of intriguing reasons to partner with student athletes. These reasons range from expanding long-standing suppor

Sixty-nine Arent Fox LLP attorneys have been rated as leaders in their profession by The Best Lawyers in America 2022.

Arent Fox is hosting a three-part seminar series to bring together senior leadership at nonprofits and associations for interactive discussions of the big issues at play as they plan a return to in-person work and meetings.

Although this article is focused on tax-exempt debt, the tax ramifications of the LIBOR transition are not limited to the municipal finance world, and the elimination of LIBOR may also have a significant impact on taxable debt, interest swap transactions and other transactions utilizing LIBOR.

Municipal advisors, as well as other regulated entities, should be aware of their general obligations under Federal securities laws and MSRB Rules when formulating advice about securities or products, in particular, if it involves the LIBOR transition.

The best benchmark for a company or a bank primarily depends upon the entity’s debt/interest rate swap situation as summarized below. This analysis also touches on the rationale behind the derivatives market’s recent embrace of the move to recommended benchmarks in the US, starting on July 26.

The focus on quantifying LIBOR exposure and related disclosure requirements may be a ‘red herring.’

This article summarizes the significant problems with the LIBOR transition in the US as compared to the UK (and the rest of the world).

For the last 10 years, the State of California has been requiring charities that operate or solicit donations in that state to file a copy of their federal tax return – which discloses the names and addresses of the charity’s major donors – with the State’s Attorney General.

How challenging is LIBOR Transition proving to be in the US structured finance market?

Based upon the records of the New York Fed and the Federal Reserve Economic Data (FRED) of the St. Louis Fed, the level of reverse repo activity on June 17th -18th  reached unprecedented levels.

The 2021 edition of Legal 500 US has rated 49 Arent Fox LLP attorneys as national leaders in their field. In addition, 16 of the firm’s practice areas were ranked among the best in the country.

As part of the transition to SOFR, an advisory subcommittee of the Commodity Futures Trading Commission announced last week it is recommending that interdealers exclusively use SOFR rather than LIBOR for linear derivative trades.

Last week, the Equal Employment Opportunity Commission expanded its technical assistance to address COVID-19 vaccinations. Here are some of the highlights.

On Thursday, reverse repo activity was $485 billion – the highest level in the New York Fed’s available records.