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Alastair Keatinge reflects that charities should consider reporting notifiable events in line with their adoption of the Scottish Governance Code

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Alastair Keatinge contributed his thoughts on the publicity that the figures raised in the latest issue of Third Force News (June 2019) and an extract of the article follows. Interesting debate followed the Scottish Charity Regulator (OSCR) releasing figures that charities have reported over 300 ‘notifiable events’ over the past three years. On one side, we have observers noting how high Read More

Year two of the GDPR marks the end of basic compliance

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In the Scotland on Sunday (16 June 2019) Nimarta Cheema highlights that too many Scottish SMEs “Don’t know what might hit them” from GDPR now we are at the end of the informal education phase. Following the first anniversary of the legislation coming into force, the Information Commissioner’s Office (ICO) will be implementing more stringent enforcement and there are several examples of Read More

EU Trade Marks following Brexit

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In Europe, a trade mark registration system exists through which a single European Union trade mark (“EUTM”) application may be filed before the European Union Intellectual Property Office and if granted, will extend registered trade mark rights simultaneously in all EU member states, including the United Kingdom (“UK”). With the UK set to leave the EU and the continuing uncertainty Read More

CHANGES IN CONVERTIBLE INSTRUMENTS FOR EARLY STAGE FINANCINGS

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There are currently two main types of convertible instruments that are in widespread use for pre-Series A and other “bridge” financings: convertible promissory notes and SAFEs (Simple Agreements for Future Equity). Each of which are alike in that the amounts invested under the applicable instrument convert into shares of the issuing company in question, upon the happening of certain events, Read More

3 REASONS WHY NON-UNIONIZED EMPLOYERS CANNOT IGNORE THE NATIONAL LABOR RELATIONS ACT

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When people think of the National Labor Relations Act (or the “NLRA,” for short), the image that most commonly comes to mind is that of a historic workers’ rights law enacted back in the 1930s to encourage the formation of labor unions and to assist the nation’s economic recovery from the Great Depression. They often assume that now, almost 100 Read More

Reducing Risk in Employee Hiring and Exit Processes

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Hiring and separation are some of the critical decisions an organisation has to make in an increasingly litigious business environment. Separation presents a higher risk of legal backlash, particularly when an employee is disgruntled. Though not as obvious, the hiring process also presents a significant risk to an organisation. Besides the immediate financial cost, hiring the “wrong” employee poses a Read More

Title VII at SCOTUS

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In April 2019 the U.S. Supreme Court announced it would hear three cases related to discrimination based upon sexual orientation and gender identity during its next term. The Court will analyze the scope of Title VII of the Civil Rights Act of 1964 (“Title VII”), which prohibits discrimination on the basis of a protected class. Currently, the lower courts are Read More

U.S. Supreme Court Rules EEOC Charge is Procedural Requirement, Not Jurisdictional

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As we have discussed previously, Title VII of the Civil Rights Act of 1964 (“Title VII”), is a federal statute that prohibits discrimination in employment on the basis of race, color, religion, sex, or national origin. It also prohibits retaliation against individuals who assert rights under the statute. To assert a claim under Title VII, the statute outlines that as a Read More

U.S. Department of Labor Issues Opinion Letter Classifying Workers in the Gig Economy As Independent Contractors

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The U.S. Department of Labor (DOL) recently issued an Opinion Letter analyzing the classification of workers in the virtual marketplace or “gig economy.” This refers to companies that operate in the “on-demand” or “sharing” economy, using online and smartphone applications to connect consumers to service providers in a wide variety of services, such as transportation, cleaning, delivery, and shopping. The DOL was Read More

UK Unicorns – Technological Fantasy becomes Economic Reality

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A recent study carried out by the UK Government’s Digital Economy Council has revealed that the UK has grown to be third in the global rankings for technology companies worth $1bn or more, known as Unicorns. The growth of these Unicorns has been spurred on by intense investment into the sector. In the past six months alone almost $5 billion Read More