Insights
Merger of T-Mobile and Sprint Finalized
April 8th, 2020
On April 1, 2020, the $26.5 billion dollar deal between T-Mobile and Sprint was finalized after more than 2 years of working through regulatory requirements. The new company will unify under the T-Mobile name and work on building a 5G network to comp…
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Categories: Business Transactions
Tags: Transaction
Morgan Stanley to Acquire E*TRADE
February 27th, 2020
On February 20, 2020, Morgan Stanley and E*Trade Financial Corporation announced they has entered into an agreement for Morgan Stanley to acquire E*TRADE in an all-stock transaction valued at approximately $13 billion. For each share owned, E*Trade s…
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Categories: Business Transactions
Tags: Transaction
Court of Appeals Upholds Ruling Against Arkansas Medicaid Work Requirements
February 25th, 2020
On February 14, 2019, the U.S. Court of Appeals for the District of Columbia Circuit affirmed the lower court ruling in Charles Gresham v. Alex Azar, II that struck down the Arkansas Medicaid work requirement provisions. The three-judge panel ruled u…
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Categories: Healthcare
New Overtime Rules to go into Effect January 1, 2020
January 8th, 2020
On January 1, 2020, the U.S. Department of Labor’s new overtime rule, finalized in September 2019, is to go into effect. The Rule raised the earnings required to be considered an exempt employee, and therefore unable to earn overtime pay, from $455…
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Categories: Employment
States Seek to Expand Leave
December 15th, 2019
The Family Medical Leave Act requires qualified employers to offer up to 12 weeks of unpaid leave per year to eligible employees who need time off for medical care for themselves or a family member. However, many states have sought to implement more…
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Categories: Employment