With anxiety over a potential coronavirus (also known as COVID-19) pandemic spreading more quickly than the virus itself, people across the United States are being advised to take the common-sense approaches of washing their hands, using hand sanitizer, and coughing and sneezing into their elbows to reduce the risk of transmission. Business leaders should also...
Client AlertsEmployment & LaborEngaging Independent Contractors in the Gig Economy: 3 Things for Employers to Know
February 19, 2020
With more and more individuals taking on the so-called “side hustle” of driving for Uber or even entirely leaving the traditional 9 to 5 work life and opting to make the “gig economy” work as their full time occupation, courts across the country are wrestling with the issue of whether these gig economy workers are...
Client AlertsEmployment & LaborCoronavirus: Guidance for Employers
February 19, 2020
Last week, the United States Center for Disease Control and Prevention (“CDC”) issued Interim Guidance for businesses and employers to plan and respond to the Coronavirus Disease 2019 (official name “COVID-19”). The Interim Guidance is designed to help prevent workplace exposure to acute respiratory illnesses, including nCoV (i.e. a new coronavirus that has not been...
Client AlertsCommercial FinanceLenders Take Notice – A New Bankruptcy Subchapter Goes Into Effect February 19, 2020 – Increased Filings Expected
February 13, 2020
The Small Business Reorganization Act (SBRA) goes into effect on February 19, 2020. The SBRA creates a new Subchapter V to Chapter 11, expanding access to bankruptcy relief for small businesses. With a debt ceiling of approximately $2.75 million, small business owners can take advantage of the new subchapter’s streamlined procedures and powerful tools to...
Client AlertsNewsThree Things: Business Partnerships
February 5, 2020
By Colin A. Coleman Like any relationship, business partnerships require ongoing care and maintenance in order to flourish. This edition of Three Things provides things to consider in order to maximize the potential of your business partnerships. Having a strong business partnership will facilitate better relationships with your employees and customers and will help avoid acrimonious...
Client AlertsCorporate & BusinessReal EstateFinal Opportunity Zone Treasury Regulations Released
December 23, 2019
By Russell J. Stein On Thursday, December 19th, the U.S. Department of Treasury released the long-awaited final Opportunity Zone Treasury Regulations (the “Final Regulations”). The Final Regulations and explanatory materials that span 544 pages, are quite extensive and give some needed clarity into how the Opportunity Zone tax rules work. This client alert is intended...
Client AlertsCorporate & BusinessNewsThree Things: The Future of Privacy Legislation
December 17, 2019
By Naveed Cheraghchi & Brian J. Reilly With the start of the New Year comes the enforcement of one of the country’s most anticipated pieces of legislation, the California Consumer Privacy Act (CCPA). In many ways, the CCPA is similar to its European counterpart, the General Data Protection Regulation (GDPR). This edition of Three Things provides a...
Client AlertsLitigation & DisputesNewsThree Things: Data Hygiene
December 6, 2019
By Christian R. Jenner & Paul M. Kessimian Given the ubiquity of technology in the workplace, and the staggering amount of data that we produce and process every day, every company should develop and abide by an “information governance” policy that is tailored to meet its business and legal requirements. To help in this matter,...
Client AlertsCommercial FinanceNewsThree Things: Bankruptcy Law
October 15, 2019
In August, the President signed into law the Small Business Reorganization Act (SBRA) of 2019 (it will become fully effective February 2020), which includes several meaningful changes for both business and consumer bankruptcies. Highlighted below are three of those changes. 1. SMALL BUSINESSES. The SBRA creates a new subchapter to Chapter 11, to help small...
Client AlertsEmployment & LaborHere We Go Again – For The Second Time – DOL Unveils Final Overtime Rule
September 27, 2019
On Tuesday, September 24, 2019, the United States Department of Labor (“Department”) announced its much anticipated Final Rule raising the salary threshold necessary to exempt certain executive, administrative, and professional employees from receiving overtime pay under the Fair Labor Standards Act (“FLSA”). The Final Rule is set to take effect on January 1, 2020. The...
