Search for: "Bona Fide"
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24 Apr 2024, 4:14 pm
The rule includes an exception in connection with the bona fide sale of a business and allows existing lawsuits to enforce non-compete clauses to continue. [read post]
24 Apr 2024, 2:05 pm
Similarly, the FTC opines that sham transactions between wholly owned subsidiaries are not bona fide sales because they are not made between two independent parties. [read post]
24 Apr 2024, 12:58 pm
The rule does not apply to non-competes entered into pursuant to a bona fide sale of a business entity and provides a good faith exception for employers who enforce or attempt to enforce a non-compete where good faith basis exists to believe that the rule is inapplicable. [read post]
24 Apr 2024, 12:58 pm
The rule does not apply to non-competes entered into pursuant to a bona fide sale of a business entity and provides a good faith exception for employers who enforce or attempt to enforce a non-compete where good faith basis exists to believe that the rule is inapplicable. [read post]
24 Apr 2024, 12:58 pm
The rule does not apply to non-competes entered into pursuant to a bona fide sale of a business entity and provides a good faith exception for employers who enforce or attempt to enforce a non-compete where good faith basis exists to believe that the rule is inapplicable. [read post]
24 Apr 2024, 10:42 am
An exception to the rule may apply if the restricted party is selling a business entity, its ownership interests, or operating assets as part of a bona-fide sale. [read post]
24 Apr 2024, 9:34 am
The Final Rule also carves out noncompetes entered in connection with the bona fide sale of a business or a person’s ownership interest in a business entity, eliminating the 25% ownership threshold from the proposed rule. [read post]
24 Apr 2024, 9:17 am
The Final Rule also carves out noncompetes entered in connection with the bona fide sale of a business or a person’s ownership interest in a business entity, eliminating the 25% ownership threshold from the proposed rule. [read post]
24 Apr 2024, 6:19 am
Background and History The FLSA’s white-collar exemptions apply to “bona fide” executive, administrative, and professional employees and generally include both a minimum salary requirement and a duties test. [read post]
24 Apr 2024, 6:06 am
The rule exempts non-compete clauses related to bona fide sales of businesses or ownership interests and existing causes of action. [read post]
24 Apr 2024, 4:52 am
Among the criteria necessary to satisfy “bona fide service fee” status is that the fee is “not passed on in whole or in part to a client or customer of an entity, whether or not the entity takes title to the drug. [read post]
24 Apr 2024, 3:37 am
Three Exceptions: (a) Bona fide sales of business. [read post]
24 Apr 2024, 3:00 am
Like the proposed rule, the final version includes an exception for non-competes entered into in connection with the bona fide sale of a business. [read post]
23 Apr 2024, 2:35 pm
There are a few limited exceptions to the final rule, with the primary exception being that it does “not apply to a noncompete clause that is entered into by a person pursuant to a bona fide sale of a business entity, of the person’s ownership interest in a business entity, or of all or substantially all of a business entity’s operating assets. [read post]
23 Apr 2024, 11:42 am
However, a settlement resulting from a bona fide dispute or litigation should be treated as a transfer for full and adequate consideration and not a gift for gift tax purposes. [read post]
22 Apr 2024, 12:35 pm
However, a financial advisor or brokerage firm cannot argue that they currently lack the “bona fide ability to pay”. [read post]
22 Apr 2024, 1:35 am
Depending on your goals, the right business structure can help you reduce administrative burden, facilitate company growth, or shield you from personal liability — as well as have major tax benefits. [read post]
19 Apr 2024, 2:42 pm
BBK also sought to void several of CCA’s federal trademark applications for the RAW GARDEN mark, filed on an intent-to-use basis, due to a lack of bona fide intent to use the mark in commerce. [read post]
19 Apr 2024, 1:23 pm
However, a financial advisor or brokerage firm cannot argue that they currently lack the “bona fide ability to pay”. [read post]
17 Apr 2024, 8:34 am
The court also found that, even if the notice had been late, it would nonetheless have granted condonation as the claimant was able to demonstrate that there was reasonable explanation for the delay, that the application was bona fide and that she had reasonable prospects of success against the respondent. [read post]
