Verrill Dana, LLP

Verrill Dana is a full service law firm with more than 130 attorneys and a growing number of service-based practice groups. The firm has a regional presence in the Northeast, with offices from Maine to Washington, D.C., allowing us to serve clients with interests across the country and around the world. Through scalable staffing, careful communication and skillful project management, Verrill Dana helps individuals and businesses achieve their goals in a manner that suits their unique legal needs and preferred work methods.

Website: https://www.verrill-law.com/
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Those closely following the timeline for implementation of Massachusetts’s new Paid Family and Medical Leave, are aware that on July 1, 2019, employers were required to begin to make payroll deductions for the paid leave.   Did you see the “were,” in that last sentence.  That is not a typo. Yesterday, Governor Charlie Baker, Senate President Karn Spilka, and House Speaker Robert DeLeo announced an agreement that the taxes which were supposed to kick in on July…
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  UPDATE: The Massachusetts Department of Family and Medical Leave announced that along with the start of contributions being delayed from July 1, 2019, to Oct. 1, 2019, the following aspects of the program are also delayed: – the deadline for providing notice to employees is delayed from June 30, 2019, to Sept. 30, 2019; – the deadline for applications for an exemption from the state program is delayed from Sept. 20, 2019, to Dec.…
Supplying electricity during peak demand, the period of highest customer demand for electricity (typically around 4 – 7 p.m.), increases the costs of supply – both for transmission and distribution utilities and customers. Dynamic pricing is one potential remedy to this economic challenge of electricity supply. A recent study furthers the case for utilities to couple their dynamic pricing programs’ time-of-use electricity pricing with increased customer access to pricing information and recommended conservation actions. The…
Supplying electricity during peak demand, the period of highest customer demand for electricity (typically around 4 – 7 p.m.), increases the costs of supply – both for transmission and distribution utilities and customers. Dynamic pricing is one potential remedy to this economic challenge of electricity supply. A recent study furthers the case for utilities to couple their dynamic pricing programs’ time-of-use electricity pricing with increased customer access to pricing information and recommended conservation actions. The…
On behalf of Verrill Dana’s Energy & Utilities Practice Group, I’m pleased to inform you that Governor Mills has nominated Phil Bartlett to serve as Chair of the Maine Public Utilities Commission. More information is provided below in the Governor’s press release. Governor Mills Nominates Former Chair of Legislature’s Energy, Utilities and Technology Committee to Lead Maine PUC (May 28, 2019) – Former Senate Majority Leader Phil Bartlett helped shepherd some of the state’s leading…
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Identifying an employer’s highly compensated employees is crucial to the administration of qualified retirement plans, as well as 403(b) plans that provide employer contributions.  This post provides an overview of the rules for determining who is a highly compensated employee. The dollar amount used in this post is the 2018 inflation adjusted dollar amount because that is the amount that is used to determine whether an individual is a highly compensated employee for the 2019…
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The Tax Cuts and Jobs Act of 2017 (“2017 Tax Act”) includes a provision that changed the rollover rules for certain plan loan offset distributions and that may not be well known to retirement plan sponsors and participants. Money purchase, profit sharing, 401(k) and 403(b) plans may make loans available to plan participants.  If a participant with an outstanding loan terminates employment and fails to repay the loan in accordance with its terms (including repayment…