At 11:59 p.m. on Friday, June 9, 2017 (the Effective Date), the ERISA definition of a fiduciary will expand to include, for the first time, many financial firms and advisors that provide investment advice to certain employer-sponsored retirement plans and individual retirement accounts (IRAs). This is because part of the final Department of Labor (DOL) […]
The prestigious Chambers USA Directory has included O’Neil, Cannon, Hollman, DeJong and Laing S.C. as one of the notable firms in the category of Corporate/M&A. Additionally, Chambers has included Jim DeJong and Pete Faust among their Recognised Practitioners. The Chambers directories, published by London-based Chambers and Partners, rank attorneys and law firms based on a […]
What part of selling a business is most important to sellers? Most would respond that receiving the highest purchase price is most important. At first blush, this makes sense. However, sellers often focus on the number of zeros in the purchase price and ignore the fact that paying a large amount of income taxes will […]
Attorney Seth Dizard was mentioned in the Milwaukee Journal Sentinel for his involvement with the Ruffed Grouse Society and its recent developments to continue moving the organization forward. The society signed a memorandum of understanding with the U.S. Forest Service, and the Society hired its first habitat biologist, a Hales Corners native named Dan Dessecker. Seth was elected […]
Jim DeJong, chairman of the Milwaukee law firm of O’Neil Cannon, provided the keynote address at Carroll University’s Commencement Sunday, May 14. Carroll alumnus DeJong ’73 told 2017 graduates that a lot had changed since his days here but one thing is the same, “Carroll is truly a special place.” And, of course, Gert is […]
A Wisconsin employer’s settlement last month with the EEOC ended the final round of litigation initiated against it by the EEOC over its workplace wellness plan. In 2009, Manitowoc-based Orion Energy Systems (Orion) implemented a wellness program that included a health assessment. The health assessment consisted of a personal health questionnaire, a biometric screening, and […]
Attorney Claude Krawczyk has been named to the Greater Milwaukee Foundation’s Herbert J. Mueller Society. The recognition society acknowledges the efforts of professional advisers who are committed to their clients, philanthropy and the community. Krawczyk is one of 12 new members this year to the society, which now includes more than 300 professional advisers. The […]
Attorney Jean Ansay was recently recognized by the American Institute of Family Law Attorneys (AIOFLA) in its “Three Years 10 Best Family Law Attorney for Client Satisfaction” category. The AIOFLA institute is a third-party attorney rating organization that conducts client and/or peer nominations, research and independent evaluation to determine the top ratings for lawyers. One […]
Springtime can be a good excuse to “clean house.” If you are evaluating your document retention practices this season, consider these points as you determine what to keep and what to toss: If you are involved in litigation or reasonably anticipate litigation, you are required to keep all documents related to the case by implementing […]
Employer, Not Insurer, Found Liable for Payment of Life Insurance Benefit A court ruling earlier this month highlights the importance for employers of reviewing internal policies and procedures regarding the communication of post-employment life insurance rights. In Erwood v. WellStar Health Systems, a federal judge in Pennsylvania ruled that an employer owes more than $750,000 […]
