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Breaking New Ground(s)? McDonald s Opposes

For the first time ever, Canada s Trademark Opposition Board ( TMOB) has held that a depreciation of goodwill claim can serve as a valid ground of opposition in trademark opposition proceedings. In doing so, the TMOB has arguably continued the recent trend in Canadian trademark jurisprudence of expanding the application of the depreciation of goodwill remedy (which is discussed in more detail in this Legal Update). The depreciation remedy is codified in Section 22 of the Canada s Trademarks Act (the Act), which prohibits use of a trademark registered by another person in a manner that is likely to have the effect of

If Pain, Yes Gain—Part 93: New York Department of Labor Announces Proposed Regulations for Statewide Sick Leave Law | Seyfarth Shaw LLP

, which would “establish[] rules and regulations for Sick Leave as set forth by . . . the [NYLL]” if and when adopted. While the Department has yet to formally publish notice of the Proposed Regulations in the New York Administrative Register and commence the comment period, here are the highlights from the Proposed Regulations posted on the NYDOL website. Documentation: Unlike the NYSPSL law and non-binding administrative guidance, the Proposed Regulations contain provisions on an employer’s ability to “require medical or other verification in connection with sick leave.” Length of Absence Required: Specifically, such verification may not be requested for PSL use that is less than three consecutive previously scheduled workdays or shifts. Said another way, the verification can

State Prudential Standards for Mortgage Servicers: Ahead of the Curve or Dead Man s Curve ? | Mayer Brown - Retained Interest

To embed, copy and paste the code into your website or blog: I was only 9 years old when Jan and Dean in 1963 released their hit song “Dead Man’s Curve.” I thought about this song when I read the Conference of State Bank Supervisors’ (“CSBS”) Proposed Regulatory Prudential Standards for Nonbank Mortgage Servicers (the “Proposal”). Published for comment on September 29 with comments due by the end of the year, the Proposal seeks to impose on US nonbank mortgage servicers many of the safety and soundness or prudential standards required of insured depository institutions by federal banking regulators. The goal, it appears, is to “get ahead of the curve” of the potential for mortgage servicer failures resulting from widespread mortgagor delinquencies. While that objective is reasonable in principle, the question is whether a state-imposed “one size fits all” financial strength requirement could cause the very mortgage servicer failures that the standards are des

A Cross-Agency Strategic Plan For Green And Sustainable Finance In Hong Kong: Insights And Implications For Market Participants - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. On 17 December 2020, Hong Kong s Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) published its Strategic Plan to Strengthen Hong Kong s Financial Ecosystem to Support a Greener and More Sustainable Future (Strategic Plan). The Strategic Plan sets out six key focus areas to strengthen Hong Kong s financial ecosystem and support the development of sustainable finance in the Special Administrative Region. It is likely that this comprehensive plan will be implemented rapidly given the support of the seven members of the Steering Group, which represent a critical mass of Hong

I Am Not Throwing Away My [COVID] Shot! | Seyfarth Shaw LLP

Employers offering vaccine programs can also implicate ERISA as well when paying for (or mandating) the vaccine distributed to those employees not already covered under the employer’s group health plan. Check out this Legal Update here for thoughts on the benefits considerations employers face with their COVID-19 vaccine programs. Getting the vaccines is the first step, but employers have decisions to make about what to do next. Keep tuned to our blog for future updates.

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