Connecticut Governor Vetoes Bill Regulating Noncompete Agreements

by S Z | Sep 15, 2019

On Friday, July 12, Connecticut Governor Malloy vetoed House Bill 6658, An Act Concerning Employer Use of Noncompete Agreements. The bill required that, where there is a merger or acquisition, an employer must provide a written copy of any noncompete agreement to the...

SEC Adopts Final Rules Allowing General Solicitation in Private Placements but Takes Other Significant Actions that May Impact Fundraising

by Wiggin and Dana LLP | Sep 15, 2019

On July 10, 2013, the Securities and Exchange Commission adopted final rules that allow the use of general solicitation to solicit investors in private placements under Rule 506 (“Rule 506”) of Regulation D (“Regulation D”) of the Securities...

Hospice Payments to Nursing Homes

by Wiggin and Dana LLP | Sep 15, 2019

This Advisory addresses whether a hospice is permitted to pay a nursing home more than Medicaid pays to the hospice to cover room and board for nursing home residents electing hospice services. Background The State of Connecticut has offered a Medicaid hospice benefit...

IRS Issues Guidance Implementing Repeal of DOMA

by Wiggin and Dana LLP | Sep 15, 2019

In late June the U.S. Supreme Court invalidated portions of the 1996 Defense of Marriage Act (DOMA) in the Windsor case.Implementing that decision, the Internal Revenue Service (IRS) has now issued a ruling (Revenue Ruling 2013-17) confirming that any same-sex couple...

New Transfer of Assets and Applied Income Law Provides Boost for Nursing Home Debt Collection

by Wiggin and Dana LLP | Sep 15, 2019

Starting on October 1, 2013, nursing homes will benefit from two new options for tackling bad debts. The two options are set forth in Sections 128-130 of Public Act No. 13-234 (the Act), the omnibus law implementing the state's human services budget for fiscal...