Congress has enhanced government oversight of amateur sports in response to numerous allegations in recent years targeting amateur sports governing bodies’ failures to address physical and mental misconduct. New legislation is expected to make significant reforms by requiring training, reporting, and a new system to manage allegations of of sexual abuse, among other changes.
The current franchise agreement between the City of Chicago and Commonwealth Edison (“ComEd”) was signed in 1992 by Mayor Daley and is set to expire at end of 2020. Since 1990, ComEd has generated approximately $60.7 billion in revenue in Chicago alone. In July 2020, Chicago officials announced the results of a feasibility study regarding a potential municipal takeover of ComEd’s electric utility infrastructure. In the same month, ComEd executives admitted to having orchestrated an eight-year bribery scheme where they made payments to Public Official A, later revealed as Illinois House Speaker Mike Madigan, in return for political favors.
Lucas Nelson is the General Manager at Medpharm. Medpharm is a vertically integrated cannabis operator based out of Des Moines, Iowa. Medpharm holds two of Iowa’s five dispensary licenses and is the only licensed cultivator. They are one of only two dispensaries currently operating in the state. Mr. Nelson holds a Juris Doctor from Indiana University Maurer School of Law and a Bachelor of Business Administration in Accounting from James Madison University.
There seems to be no end in sight to the various concerns associated with COVID-19, and experts are hesitant to say when and if life as we knew it will ever return to “normal.” As the pandemic persisted, companies large and small quickly realized that jobs we all assumed had to be done in an office, can in fact be done from the comfort of one’s home. #WFH is a trending social media hashtag standing for “work from home,” and posts using this hashtag range anywhere from how to dress comfortably while remaining professional when working from home to setting up the perfect home office. #WFH, however, is not just a social media trend, but a new normal for many Americans as employers were forced to allow their employees to work from home due to health concerns related to COVID-19. This gives rise to questions such as, what about safety and security concerns related to employer data? And, where do employees draw the line between work and home when working from home? While this may be uncharted territory, top researchers say that #WFH may be the next big thing for companies worldwide.
TikTok, a widely popular app Chinese app where anyone can make a short 15 second video and become a TikTok star overnight, has been in the news a lot lately. Today, the future of TikTok being available in America is unknown due to President Trump’s executive order from August 6th, targeting both TikTok and another Chinese social media app, WeChat. Both of these apps are potentially being blocked due to the Trump administration’s national security bans. Not only will this ban effect TikTok’s millions of users, but it will also affect many American companies and individuals who advertise with the platform.
Most everyone knows how painful a rush hour commute in Chicago can be –– from cramming into packed buses and train cars to navigating construction and busy streets. Now, imagine navigating that same commute without access to your nearest L stop or waiting fifteen minutes for a bus only to find you’ll have to wait for another because there’s a crowd of people standing in the area designated for wheelchair users. This is a reality that many Chicago residents with disabilities must overcome to go about their day-to-day lives. According to a 2018 community survey, over 520,000 Chicagoland residents, about 10.1 percent of the City’s total population, have a disability. Unfortunately, the city of Chicago’s transit system is not adequately accessible for this community.
Proxy access is not about giving shareholder’s rights, it is about checking C-suite power so that everyone wins instead of just the CEOs. Proxy access has the potential to address some of the pressing issues with corporate power. Corporate power and influence are concentrated in the board of directors, proxy access gives shareholders the opportunity to infiltrate this exclusive “inner circle” of power. Shareholder access to the board can push change towards greater diversity in the boardroom and demand greater transparency and compliance.
Twelve years after the 164-year-old brokerage firm Lehman Brothers collapsed during the global financial crisis that had been sparked by the subprime mortgage catastrophe, last month the U.S. Securities and Exchange Commission (SEC) adopted a new rule changing parts of the agency’s whistleblower program. The program, which was established by the Dodd-Frank Act in 2010, permits the agency to provide financial awards to whistleblowers who provide it with original information about fraud and securities violations. At issue in this new rule is how the SEC will evaluate and apply its award criteria based on the circumstances in each case. Commissioners voted 3-2 to adopt the final rule – which is effective 30 days after publication in the Federal Register – during their Sept. 23 meeting. The SEC said the new rule was aimed at more efficient claim processing, increased transparency to the structure used by the Commission in determining award amounts and making other changes that reflect the Commission’s experience overseeing the program.
The U.S. Department of Labor (“DOL”) has recently proposed a rule change that would revise its interpretation of “independent contractor” under the Fair Labor Standard Act (“FLSA”). According to DOL, which has the power to investigate worker complaints about misclassifications, this change is needed to promote certainty for stakeholders, reduce litigation, and encourage innovation in the economy. However, this proposed rule could also diminish employee rights because independent contractors have fewer protections under FLSA. This rule widens the scope of who can be considered an independent contractor. Thus, many workers classified as employees could be reclassified as independent contractors and lose protections under FLSA.
The Centers for Medicare & Medicaid Services (“CMS”) Innovation Center (“CMMI”) recently announced a new model for health care providers in rural areas to receive payment from the federal government. The Community Health Access and Rural Transformation (“CHART”) initiative aims to improve rural health care while promoting the Trump Administration’s push to shift health care providers into a more expansive value-based payment model.