Member News

Independent fiduciary and administration provider VG is thrilled to announce that Senior Trust Officer Ben Schofield has been named in the inaugural ‘Channel Islands Top 35 Under 35’ list published by eprivateclient.

Designed to identify, recognise, promote and introduce the rising stars of the Private Client practitioner community in the Channel Islands, the awards are wholly nominated by clients and judged by senior members of PAM Insight’s editorial team, which proves testament to Ben’s outstanding contribution to client excellence and service.

Ben Schofield joined VG in 2014 and is a Senior Trust Officer with responsibility for the day to day administration for a portfolio of different clients across the Private Client team. A major part of his role is to always try to form a strong and honest relationship with his clients, something borne out by his recognition today. Born and educated in Jersey, Ben holds both the ICSA Diploma and ICSA Certificate.

Read the entire article.

For the fourth consecutive year, Scopelitis has been named as one of Central Indiana's Top Workplaces. The Indianapolis Star has recognized 90 companies and organizations in Central Indiana as Top Workplaces for 2018. These companies have been recognized based solely on surveys about the workplace completed by their employees. To learn more, visit StarMedia's Top Workplaces site here.

As clients of the firm will know by now, on Monday, April 30, the California Supreme Court issued its long-awaited decision in Dynamex Operations West Inc. v. Superior Court, addressing the standard for determining whether workers are employees or independent contractors under California’s wage and hour laws. As has been widely reported, the Court held that workers are employees under California’s Industrial Welfare Commission (IWC) wage orders (Wage Order No. 9 covers transportation employees) if an employer “suffers or permits” them to work, and that this open-ended standard should be analyzed under the similarly broad ABC test employed in some jurisdictions. While the “suffer or permit” language is found in an IWC order, the Court’s adoption and interpretation of the ABC test is premised expressly and exclusively on the Court’s belief that California public policy favors the classification of most workers as employees.  

Read more: California Supreme Court Clarifies Test for Employment Status Under IWC Wage Orders

The cryptowave is only going to build more momentum in the next 12 to 18 months. Just two weeks ago Barclays announced a partnership with a leading crypto company to facilitate payments to buy Bitcoin, Ethereum and Litecoin, the most established crypto assets. This may reflect a trend of major financial institutions moving away from outright denunciation of cryptocurrencies to a cautious participation, marking a significant shift in their approach and making these assets much more accessible to new investors.

Read more: 'Crypto Confidence' - Zafar Kanani writes for Finance Monthly

Scopelitis, Garvin, Light, Hanson & Feary, P.C., announces the opening of its 14th U.S. office. Scopelitis Partner Adam Smedstad will launch the Firm’s Seattle presence.

Smedstad is a commercial trial lawyer who has spent most of his career defending motor carriers and property brokers in class actions. Smedstad is licensed to practice law in California, Washington, and Illinois. He has defended challenges to independent contractor classification as well as employee wage and hour claims in some of the nation’s most difficult jurisdictions.  He also has extensive experience defending class actions alleging violations of the Federal Leasing Regulations. Smedstad’s extensive experience in defending class actions against motor carriers and successfully trying them to verdict makes him well-positioned to establish the Firm’s Seattle presence. Prior to announcing he would lead the Firm’s Seattle office, Smedstad spent 13 years in Scopelitis’ Chicago office.

Read more: Scopelitis, Garvin, Light, Hanson & Feary, P.C., Opens Seattle Office