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Showing 8 posts in Alerts and Updates.

Implications of FTC’s Final “Click-to-Cancel” Rule: Simplifying Consumer Cancellations

UnsubscribeYesterday, on October 16, the Federal Trade Commission (“FTC”) issued final amendments to the “Rule Concerning Recurring Subscriptions and Other Negative Option Programs”, also referred to as the “Click-to-Cancel” Rule (the “Rule”). See the following link from the FTC’s website for more information: Federal Trade Commission Announces Final “Click-to-Cancel” Rule Making It Easier for Consumers to End Recurring Subscriptions and Memberships | Federal Trade Commission (ftc.gov). Read More ›

Categories: Alerts and Updates, Billing/Payment, News, Privacy, Technology

DOL Echoes Employee Benefits and Cybersecurity Best Practices

Data Breach Shredded DocumentsOn April 14, 2021, the U.S. Department of Labor’s (“DOL”) Employee Benefits Security Administration (“EBSA”) issued its first cybersecurity best practices guidance for retirement plans. The EBSA guidance was highly anticipated as the frequency and cost of data breaches affecting employee benefit plans continues to rise.  Read More ›

Categories: Alerts and Updates, Cybersecurity, Department of Labor, Employee Benefits, IT Contracts, Technology

Under the Bridge – The Rise of Copyright Trolls in the Intellectual Property Space

Copyright Infringement NoticeThrough tactical litigation practices, copyright trolls rely on copyright law to allege infringement and threaten major statutory damages upon unsuspecting defendants. The term “copyright troll” is an unflattering nickname for someone who manipulates the intellectual property (“IP”) laws to force a “toll” by way of a settlement payout on market participants. Read More ›

Categories: Alerts and Updates, Billing/Payment, Compliance, Copyright, Intellectual Property, Lawsuit, Trademarks

The Importance of Adopting an E-Signature Policy for Your Business

Given the ever-changing landscape and increasing popularity of remote work, the use of electronic signatures (“e-signatures”) is on the rise. Business in general is going virtual, causing electronic transactions and online interactions to become more common. To accommodate this new digital environment, legislators have passed laws to permit the use of e-signatures to bind individuals to electronic agreements. In addition to keeping up with the evolution of online business, providing your organization with a reliable e-signature policy is pivotal to ensure clear reliance on and expectations for e-signatures. Read More ›

Categories: Alerts and Updates, Compliance, Contracts, E-Commerce, Technology

Corporate Transparency Act: What You Need to Know Before 2024

Depressed Man with Stacks of FoldersIntroduction and Scope of New Rule

With a stated goal of countering money laundering, the financing of terrorism and other illicit activities (including those of Russian oligarchs currently under U.S. sanctions), Congress passed the Corporate Transparency Act (CTA) in January 2021 as part of the National Defense Authorization Act. In 2022, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) began to publish rules in its efforts to begin enforcement of the CTA likely beginning on January 1, 2024. Read More ›

Categories: Alerts and Updates, Did you Know?, Employment, Legislative Updates, News

Federal Trade Commission Issues Sweeping Proposed Rule to Prohibit Noncompete Agreements

Banning Non-Compete ContractOn January 5, 2023, the U.S. Federal Trade Commission (FTC) issued a proposed new regulation that would broadly prohibit employers from using or enforcing noncompete agreements with employees, former employees, contractors, or other workers. Read More ›

Categories: Alerts and Updates, Did you Know?, Employment, Labor Relations, News

The Impact of PPP Loans on Mergers & Acquisitions

With the addition of new rules from the SBA (Small Business Administration), business & tax law attorneys Taylor Gast and Mike Zahrt discuss these updates regarding the impact of PPP Loans on Mergers & Acquisitions activity. Read More ›

Categories: Alerts and Updates, Compliance

Recent Questions Regarding PPP Forgiveness Applications

As PPP (Paycheck Protection Program) Loan Applicants await for banks to open their portals and begin accepting forgiveness applications, Foster Swift Business & Tax attorneys Taylor Gast and Mike Zahrt discuss recent updates regarding applications along with answers to common questions to consider regarding the next steps in the loan process.

Click the thumbnail below to view the full video. 

PPP VideoThis video is meant to provide general information and SHOULD NOT BE CONSIDERED LEGAL ADVICE. If you seek legal counsel or need help in determining how this information applies to a specific situation, contact a Foster Swift business attorney before taking any action. Our attorneys can help assist you in making the best decisions for your circumstances.

Categories: Alerts and Updates, News