Guest Blog: FDA issues Food Traceability Final Rule: key takeaways for the industry

Written by: Sharon MaylMatthew Piscitelli

On November 15, FDA issued the long-awaited Final Rule: Requirements for Additional Traceability Records for Certain Foods (Food Traceability Rule or final rule), which establishes additional traceability recordkeeping requirements for those that manufacture, process, pack or hold certain foods.

More specifically, the final rule identifies Key Activities or Critical Tracking Events (CTEs) along the supply chain where records containing Key Data Elements (KDEs) will have to be created and maintained for foods on the Food Traceability List … Read the rest

Court schedules final two argument sessions of 2022-23 term

Court schedules final two argument sessions of 2022-23 term

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The final argument session of the Supreme Court’s 2022-23 term will include high-profile disputes over how employers must accommodate their employees’ religious practices and how courts should decide whether threatening statements are protected by the First Amendment. The two cases, Groff v. DeJoy and Counterman v. Colorado, will headline the April argument calendar, which was released – along with the March argument calendar – on Tuesday.

The justices agreed earlier this month to take up Groff and CountermanRead the rest

Guest blog: SEC adopts final rules for clawback of erroneously awarded compensation

By: Louann Fang Richard, Brent L. Bernell, Andrew D. Ledbetter, Eric Forni, Rita M. Patel, Keith Ranta, Bryan Card

The Securities and Exchange Commission (SEC) has approved, by a 3-2 vote, final rules that require publicly traded companies to adopt policies regarding recovery of erroneously awarded incentive-based compensation, or “clawback” policies. The SEC initially proposed clawback rules in July 2015, but the rules have been pending finalization until the SEC reopened the comment period in October 2021 and again in … Read the rest

Years in the making: New York issues two sets of “final draft” corporate tax reform regulations

On April 29, 2022, the New York State Department of Taxation and Finance issued two sets of “final draft” regulations relating to the corporation franchise tax reform that took effect for tax years beginning on or after January 1, 2015. Since the sweeping corporate tax reform was enacted, the Department has published a series of proposed updates to the Article 9-A corporation franchise tax regulations, but the two sets of regulations issued on April 29 are the first to be … Read the rest

Justices add new cases on bankruptcy, workers’ comp, and relief from final judgments

Justices add new cases on bankruptcy, workers’ comp, and relief from final judgments

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The Supreme Court on Monday morning added three new cases — involving bankruptcy law, civil procedure, and workers’ compensation — to its docket for the 2021-22 term. But the orders that the justices issued from their private conference on Jan. 7 were just as noteworthy for what they did not do: The court did not act on a pair of petitions challenging the consideration of race in the undergraduate admissions process at Harvard University and the University of North … Read the rest