Legal Issues in Wholesale Distribution Archives

This article looks at what concerns distributors most about the upcoming election, as noted in a recent MDM survey. In addition to the survey, MDM spoke with distributor associations that are playing an active role in educating and speaking for their members on critical topics in Washington DC.

While the election does not directly determine laws and regulations, the winners of the races – from the President down to local contests – will play a role in the country’s direction for the next several years.

It’s important for distributors to make sure their voices are being heard.

And it’s important for “everyone to …

October 10, 2012

Companies

DXP, Circo Enterprises Reach ‘Amicable Settlement’

The lawsuit, filed by the Circos last year, alleged breach of contract related to the acquisition of Precision Industries.

September 27, 2012

Companies

Applied Industrial Technologies’ Compensation Approval Plans Come Under Investigation by Private Firm

Firm claims Applied’s seeking shareholder approval for compensation breaches fiduciary approval.

September 19, 2012

Human Resources in Wholesale Distribution

The Practical Implications of ‘Obamacare’ on Distributors

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Now that the U.S. Supreme Court has upheld the Patient Protection and Affordable Care Act, businesses that have taken a “wait-and-see” approach to much of the law will have to take quick action to determine what they need to do to ensure they are in compliance. This article examines some of the key provisions of the PPACA and steps that businesses should be taking now.

In June, the U.S. Supreme Court upheld the Patient Protection and Affordable Care Act– commonly referred to as Obamacare – as constitutional, bringing to a close yet another chapter of the heated debate that has raged in Washington and across the country since the bill was passed in 2010. While some measures, such as the elimination of preexisting conditions for children and the extension of coverage for children to age 26, were already implemented, many more are slated to go into effect over the next 18 months.

But there’s a problem: The law contains so many provisions that it can be difficult for anyone to really understand what they need to do next. And misconceptions persist about what the law includes. In a recent MDM survey …

August 10, 2012

Free

Do Distributors Have a Public Option to ‘Fall Back On’ with Obamacare?

A lot of confusion still exists as to how the Affordable Care Act will impact businesses.

August 10, 2012

Free

Preparing for Obamacare: Next Steps for Employers

Now that the Supreme Court has upheld the Affordable Care Act, what should employers do to make sure they’re in compliance?

June 29, 2012

Free

Distributor Testifies in Washington for Repeal of Estate Tax

Estate tax rate jumps in 2013, putting repeal on the top of many small businesses’ concerns.

June 15, 2012

Companies

Interline Brands Target of Shareholder Investigation

Shareholder litigation firm Ryan & Maniskas is investigating possible breaches of fiduciary duty by Interline Brands’ board of directors.

June 1, 2012

Legal Issues in Wholesale Distribution

Labor Rules Key Concern for NAW

Jade West, senior vice president-government relations for the National Association of Wholesaler-Distributors, presented an overview of key regulatory shifts affecting distributors at NAW’s 2012 Executive Summit at the end of January. Here is an overview of regulations that NAW is tracking.

Regulatory, rather than legislative, action is top of mind for wholesaler-distributors this year. According to Jade West, senior vice president-government relations for the National Association of Wholesaler-Distributors, Congress is unlikely to do much this year due to the presidential elections in November as well as ongoing gridlock over key political issues.

West spoke at the NAW 2012 Executive Summit about the top issues affecting distributors that NAW is tracking and taking action against this year. NAW is part of the …

February 10, 2012

Economic Trends

State of the Union: Obama’s Manufacturing Focus

Plus HARDI takes on the DOE, and NAW issues a legal advisory.

January 25, 2012

Companies

Circos File Lawsuit Against DXP Enterprises; DXP Files Counterclaim

Allegations are in connection with DXP’s acquisition of Precision Industries in 2007.

August 22, 2011

Economic Trends

What Not Raising the Debt Ceiling Would Mean to Business

And National Association of Wholesaler-Distributors urges House to support Speaker John Boehner’s bill.

July 28, 2011

Free

U.S. Senate Votes to Repeal 1099 Reporting Requirements

The requirements were part of the Patient Protection and Affordable Care Act passed last year.

April 5, 2011

Free

Tip: Consider the Legal Risks Associated with Private Label

Distributors may hold the ultimate responsibility for liability & other legal claims.

March 7, 2011

Free

World Bearing Association Launches Anti-Counterfeiting Campaign

New website, www.stopfakebearings.com, provides information on the problem.

November 3, 2010

Legal Issues in Wholesale Distribution

Interview: Factors that Contribute to Success in Ch. 11 Bankruptcy

MDM spoke with Howard Levine, partner at Sussman Shank LLC in Portland, OR, and attorney for Western Tool Supply in its reorganization through Ch. 11 bankruptcy. He spoke about the process and what factors make success more probable.

MDM: Provide an overview of what it means when a company files for Ch. 11 bankruptcy protection.

Howard Levine: The bankruptcy code is simply a tool that’s available to companies in financial distress that empowers the company with certain provisions of the law to change agreements that it has with its creditors. In its simplest form that is what bankruptcy is. What Ch. 11 does to a large extent is changes the leverage between the debtor and its creditors.

In Ch. 11 the idea is that the creditor and debtor are supposed to get together and figure out a business solution to their problems. In my view, it’s a shared problem.