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ARTICLE · 18 JANUARY 2017

January 12, 2017 Corporate Law Developments:

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This week's corporate law news roundup includes discussions of new California Labor Code Section 925 which requires California employers to use California for their choice of law and venue in contracts...

United StatesEmployment and HR
Jeanne Solomon
Jeanne Solomon
Stacy Stecher
Stacy Stecher
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January 12, 2017 Corporate Law Developments: New California Labor Code Provision Requiring California Choice of Law and Venue in California Employment Contracts; New Department of Labor Fiduciary Rules for ERISA Financial Advisers; and a Delaware Court Decision Favorable to Delaware Limited Partnerships' General Partners in the Merger Context

This week's corporate law news roundup includes discussions of new California Labor Code Section 925 which requires California employers to use California for their choice of law and venue in contracts with employees who primarily reside and work in California; new U.S. Department of Labor (DOL) fiduciary rules that expand the Employee Retirement Income Security Act of 1974 (ERISA) "investment advice fiduciary" definition, requiring financial advisors to investment retirement accounts (IRAs) and 401(k) plans with fewer than $50 million in assets to acknowledge their role as fiduciaries starting April 10, 2017 and comply

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