For your reference, here’s a look at the most-read Corporate Law Report posts during the month of May, 2012:
“The California Transparency in Supply Chains Act of 2010 goes into effect on January 1, 2012. For retailers and manufacturers doing business in the state of California bringing in more than $100 million in annual gross receipts, that’s the date they must begin report on their efforts to eliminate slavery and human trafficking from their supply chains.” Continue reading >>
“Federal regulators are stepping up their enforcement of the Health Insurance Portability and Accountability Act (HIPAA), as a recent $100,000 fine levied on Phoenix Cardiac Services demonstrates…
Investigators are focusing particular attention on the disclosure of ‘protected health information,’ which can include any detail of patient care – physical condition, services rendered, billing information, etc. – that can be linked to a specific individual.” Continue reading>>
“Earlier this month, the Ninth Circuit Court of Appeals upheld the conviction of Huping Zhou, a former employee of the UCLA Health System, for illegally accessing protected health information in violation of the Health Insurance Portability and Accountability Act (HIPAA).
The decision provides an important clarification of HIPAA rules for health care providers, their employees, and their business associates. Namely: ignorance of the law is not an acceptable defense.” Continue reading>>
“The recent fallout (or should we say investor fury) after Facebook’s IPO had us wondering what lawyers and law firms are writing on the subject of initial public offerings and related topics these days. Here’s a quick look at some of what we found.” Continue reading>>
“Late last year, members of the Senate Judiciary Committee challenged regulators to step up enforcement of the Health Insurance Portability and Accountability Act…
Accordingly, the OCR has begun to audit organizations that are required to comply with HIPAA Rules. For your reference, here are six questions and answers regarding the 150 audits they are planning for 2012.” Continue reading>>
“In early April 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, which significantly eases restrictions on startups and emerging growth companies seeking access to US capital markets.
But startups and small businesses aren’t the only ones who stand to benefit from the JOBS Act. The Act also contains a number of provisions that will directly affect offerings made by hedge, private equity, and venture capital funds.” Continue reading>>
“A: It depends who you ask…
For more on JP Morgan’s recent trading loss (and what might have caused it), watch this lively debate between Chris Whalen, Senior Managing Director at Tangent Capital Partners, and Jeff Madrick, Senior Fellow at the Roosevelt Institute.” Watch the video>>
“For your reference, here’s a roundup of recent legal advisories on the broad topic of doing business in the Middle East.” Continue reading>>
“For your convenience, recent legal advisories on a broad range of corporate issues related to doing business in and with China.” Continue reading>>
“In a unanimous decision published yesterday, the Supreme Court ruled in Freeman, et al. v. Quicken Loans, Inc., that Quicken Loans did not violate the Real Estate Settlement Procedures Act (RESPA) when it charged what plaintiffs considered to be ‘unearned’ settlement service charges.
RESPA rules bar unearned fees when they are split between two or more parties, but federal regulators have long sought to apply the prohibition to all such charges in real estate transactions.” Continue reading>>
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