On February 13, 2020, new CFIUS rules are scheduled to go into effect. The new rules have been adopted by the Treasury Department under the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA”) which increases the CFIUS authority to review and disallow investment in U.S. sensitive companies. The rules also resulted in the exemption… Read more »
Monthly Archives: January 2020
California Law Reclassifying Independent Contractors as Employees Takes Effect
On January 1, 2020, a new California Law, reclassifying independent contractors who meet certain criteria as employees instead, went into effect (except for workers’ compensation claims, with respect to which it will go into effect on July 1, 2020). The new law, as has been widely reported, sets standards which are intended to make persons… Read more »