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The rate of pay required for non-exempt employees is the regular rate during the pay period the leave is taken if the employer uses the workweek method, or alternatively the employer can use a 90-day lookback for determining the average regular rate, that is generally the same as with the normal state paid sick leave law (unless the employer has any flat-sum bonuses involved, in which case the employer will need to use the Alvarado-method of calculating the regular… [read post]
12 May 2022, 8:58 am by Heather Szilagyi
There may also be “selection effects” related to which individuals have been indicted (for example, a possibly higher rate of communications and self-identification on social media) and which were indicted first, thus providing more records of their cases. [read post]
11 May 2022, 3:32 am by Andrew Lavoott Bluestone
In May 2015, Weis loaned the co-investors $1 million for the Minetta property and $4  million for the Thompson property, at an annual interest rate of 18 percent, in exchange for equity in the projects, a security interest in the membership interests in the co-investors’ future limited liability companies, their personal guarantees, and affidavits of confessions of judgment signed by them. [read post]
27 Apr 2022, 12:32 pm by John Elwood
Court of Appeals for the 5th Circuit, sitting en banc, held that Hewitt was non-exempt and was entitled to retroactive overtime pay because he was paid based on a daily rate rather than at a guaranteed weekly rate, even though his daily rate worked out to be more than twice the weekly minimum. [read post]
25 Apr 2022, 4:41 am by Emma Snell
Ukrainian forces are willing to leave the factory and evacuate the city if given guarantees of safe passage for themselves and hundreds of civilians, Palamar said. [read post]
19 Apr 2022, 8:17 am by Bridget Crawford
  The wealth and income of these communities are far below that of whites, their poverty and unemployment rates are far above the national average, and they are far underrepresented among college graduates and in professions requiring higher education. [read post]
19 Apr 2022, 3:18 am by Bridget Crawford
  The wealth and income of these communities are far below that of whites, their poverty and unemployment rates are far above the national average, and they are far underrepresented among college graduates and in professions requiring higher education. [read post]
31 Mar 2022, 7:00 pm by Daniel Jin
Withholding Tax is imposed at the rate of 8 per cent to payments of interest made to “related parties” in low-income tax rate jurisdictions (statutory rate of less than 9 per cent) or in “non-cooperative states”. [read post]
28 Feb 2022, 7:00 pm by Daniel Jin
UNITED STATES OF AMERICA On 1 February 2022, data compiled by Bloomberg found that the total amount of traded distressed bonds and loans in the Americas totalled USD65.5bn, increasing by 6.5 per cent week-on-week. [read post]
8 Feb 2022, 7:29 am by China Law Blog
As the last guarantee on foreign debt, China’s $3.128 trillion in [read post]
1 Feb 2022, 4:08 pm by Ben Vernia
Civil enforcement actions against the parties responsible for triggering and fueling the opioid epidemic are a critical part of the department’s ongoing efforts to address this crisis.Consistent with this focus, the largest False Claims Act settlements in the past year resulted from significant resolutions with prescription opioid manufacturers:  Indivior Inc. and Indivior plc (Indivior), and Purdue Pharma (Purdue). [read post]
31 Jan 2022, 9:59 am by CMS
However, Lord Leggatt explained that as this is an “opt-in” regime GLOs often suffer from low participation rates. [read post]