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28 Apr 2024, 8:35 am by David Oxenford and Keenan Adamchak
  The FTC, in a 570-page order, adopted rules that ban the use of noncompete provisions in employment agreements (and clauses that act like noncompetes to limit employee mobility) in virtually all instances except when the promise of a noncompete is by a seller in connection with their sale of a business. [read post]
25 Apr 2024, 6:10 am by Caroline E. Oks
Fortunately for companies doing business in New Jersey, the Supreme Court made clear that consumers have no NJCFA claim for buying the non-defective product they thought they were buying, even if advertised as discounted when it was not. [read post]
25 Apr 2024, 6:10 am by Caroline E. Oks
Fortunately for companies doing business in New Jersey, the Supreme Court made clear that consumers have no NJCFA claim for buying the non-defective product they thought they were buying, even if advertised as discounted when it was not. [read post]
25 Apr 2024, 6:10 am by Caroline E. Oks
Fortunately for companies doing business in New Jersey, the Supreme Court made clear that consumers have no NJCFA claim for buying the non-defective product they thought they were buying, even if advertised as discounted when it was not. [read post]
24 Apr 2024, 12:26 pm by Matthew Dochnal
LLC Managers have the authority to act on behalf of an LLC, however, they do not necessarily need to be owners of the business. [read post]
24 Apr 2024, 12:17 pm by Geoff Schweller
Morgan Securities LLC in which the company agreed to pay $18 million to settle charges that it impeded the ability of advisory clients and brokerage customers to blow the whistle to the SEC. [read post]
23 Apr 2024, 2:40 pm
., LLC,1 that the Federal Arbitration Act’s (FAA) transportation worker exemption (meaning the FAA would not apply) extends beyond the transportation industry, the U.S. [read post]
23 Apr 2024, 10:19 am by poolehuffman2
A minority shareholder claimed the other two shareholders, comprising the majority, had transferred real estate to businesses owned by majority shareholders without compensating the LLC. [read post]
22 Apr 2024, 3:39 pm by Adam Klasfeld
“Then, he covered up that criminal conspiracy by lying in his New York business records over and over and over again. [read post]
22 Apr 2024, 2:00 pm by Futeral & Nelson, LLC
”Shorten with AI Not only are businesses and corporations responsible for unpaid wages, but agents or officers of a corporation who knowingly permit their corporation to violate the South Carolina Payment of Wages Act may be individually liable to the employee for the amounts owed. [read post]
22 Apr 2024, 2:00 pm by Futeral & Nelson, LLC
”Shorten with AI Not only are businesses and corporations responsible for unpaid wages, but agents or officers of a corporation who knowingly permit their corporation to violate the South Carolina Payment of Wages Act may be individually liable to the employee for the amounts owed. [read post]
22 Apr 2024, 1:11 pm by Kevin LaCroix
Given the potential for the return of significant IPO activity, it is worth noting that IPO transactions entail certain risks, including in particular for the IPO companies’ private equity backers, as discussed in the following guest post written by Michelle Grimaldi, Assistant Vice President, Claims, Fair American Insurance and Reinsurance Company; Elan Kandel, Member, Bailey Cavalieri LLC; and James Talbert, Associate, Bailey Cavalieri LLC. [read post]
22 Apr 2024, 12:55 pm by Kelly Shivery
Margarita Howard and her company HX5 LLC, along with affiliated joint venture HX5 Sierra LLC, paid approximately $7.8 million. [read post]
22 Apr 2024, 5:56 am by ngritacco
Business entities coming to understand the requirements of the Federal Corporate Transparency Act (“Federal CTA”) and its reporting obligations should be aware that New York State has enacted an LLC Transparency Act (“NY Act”). [read post]
22 Apr 2024, 5:00 am by Bernard Bell
  By excluding from liability “acts of officers [with]in the ambit of their personal pursuits,” the state-action requirement serves to “protect[] a robust sphere of individual liberty” for such officials. [read post]