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Ownership of Foreign Assets May Require Filing of Form BE-10

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If you own at least 10% of a foreign company or any foreign rental real estate, you are required to file a form BE-10 by May 29, 2020 [1]. The BE-10 is a survey conducted by the Bureau of Economic Analysis (BEA) every five years to gather economic data about U.S. companies and individuals’ investments outside of the United States. Important Read More

The Threat of Coronavirus in the Workplace: How to Prepare

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The coronavirus, which originated in Wuhan, Hubei Province, China, in December 2019, has spread to the United States, although so far in very small numbers. The Trump administration and the World Health Organization (WHO) have declared the virus a public health emergency. Read the full article here. Read More

Host of New Illinois Laws Impacts Hotels

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Employment laws are often grouped based on numbers – number of employees, to be exact. Sometimes, however, you can group laws by industry. This year, a number of new laws will affect Illinois hotels. Read the full article here. Read More

What Employers Need to Know About the New I-9 Form

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The I-9 Form, used to verify employment eligibility, was updated January 31, 2020, by U.S. Citizenship and Immigration Services. Employers should begin using this updated form for new hires as soon as possible but have until April 30, 2020, to transition completely. Read the full article here. Read More

2019 M&A Deals – Mergers & Acquisitions: A transaction recap

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Morse represented its clients in a range of M&A transactions in 2019, advising companies on both the buy and the sell sides. The team completed deals for businesses in industries including healthcare/life sciences, technology and manufacturing. Read the full article here. Read More

2019 VC Deals: A Snapshot of Venture Capital Transactions

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Setting a new transactional record for the Firm, Morse represented its clients in a range of venture capital deals in 2019, including convertible note financings, equity investments, and sales of preferred stock. Our VC attorneys counseled companies in an array of industries, including biotechnology, AI, travel, software, and medical devices, among others. Read the full article here. Read More

Inventor Rights Act Proposes to Grant Certain Rights to “Inventor-Owned” Patents

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The Inventor Rights Act (H.R. 5478) was introduced in the U.S. House of Representatives in late December 2019, and proposes significant new rights for United States patents that are “inventor-owned.” In particular, the Bill would create a new class of “inventor-owned patents,” in which the inventor of the claimed invention (or an entity controlled by the inventor) is the patentee and holds Read More

California Employers Receive Another Reprieve from AB 51’s Ban on Mandatory Arbitration Agreements

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A federal judge recently granted a preliminary injunction to block the State of California from enforcing AB 51 which prohibits employers from using mandatory arbitration agreements “covered by” the Federal Arbitration Act (“FAA”).   On Friday, January 31, 2020, Judge Kimberly J. Mueller of the United States District Court, Eastern District, issued the injunction for the duration of the court proceedings Read More