Tag Archives: Classification

Conflicting Interpretations of Worker Classification

The common law of principal-agent relationships admonishes us that “no man can serve two masters.” But can one person work as an employee and independent contractor at the same time, thereby serving both oneself and one’s employer as master in … Continue reading

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Employee v. Independent Contractor: The IRS Classification Settlement Program

Judson D. Stelter (J.D. 2008, Cleveland State; Taft Stettinius & Hollister, Cleveland) has published Note, The IRS Classification Settlement Program: Is It An Adequate Tool To Relieve Taxpayer Burden For Small Businesses That Have Misclassified Workers As Independent Contractors?, 56… … Continue reading

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FDA Issues Final Rule on Medical Device Classification Procedures

By Véronique Li* — On December 17, 2018, FDA published a final rule, Medical Device Classification Procedures: Incorporating Food and Drug Administration Safety and Innovation Act Procedures, to amend its regulations governing classification and reclassification of medical devices to align … Continue reading

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Fifth Circuit: Offshore Supply Vessel Faces Liability for “Towing Vessel” Classification

In Shell Offshore, Inc. v. Tesla Offshore, L.L.C., No. 16-30528, 2018 WL 4844687 (5th Cir. Oct. 5, 2018), Fifth Circuit ruled on liability based on the classification of the vessel. Shell Offshore, Inc. v. Tesla Offshore, L.L.C. Background A vessel in the Gulf … Continue reading

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SEC extends compliance date for open-end fund liquidity classification

By Anne Sherry, J.D. The SEC added six months to the deadline by which open-end funds must comply with classification-related elements of the liquidity risk management program rule. The new compliance dates are June 1, 2019, for larger fund groups, … Continue reading

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