News & Resources

8/21/2024 | Articles & Alerts, News & Resources

Yesterday, a Federal Judge in Texas issued a “nationwide” injunction banning the Federal Trade Commission (FTC) from enforcing the FTC’s rule which would have banned employers from entering into or enforcing noncompete agreements with employees.  The rule was scheduled to take effect on September 4, 2024.  Yesterday’s ruling prevents the FTC from taking any action to enforce that rule.  The FTC is deciding whether to appeal but for now, employers are permitted to enter into and enforce noncompete agreements with […]

Related Practices: Employment Law, Employer Compliance Assistance

7/8/2024 | General

Kaplin Stewart attorneys Marc Kaplin and Amee Farrell worked with Netflix to secure the necessary development approvals for a first of its kind Netflix House entertainment venue, to open in King of Prussia in 2025. Read more on this groundbreaking venue in the link below. https://www.netflix.com/tudum/articles/netflix-house

6/13/2024 | General

Kaplin Stewart is pleased to announce that eleven of the firm’s lawyers have been named to the 2024 Super Lawyers® List. Super Lawyers is a rating service that uses a meticulous, multi-phase process to select highly acclaimed lawyers in over 70 practice areas. Super Lawyers provides a diverse list of outstanding attorneys who have been identified as attaining a high degree of peer recognition and professional achievement. No more than five percent of the lawyers in the Commonwealth of Pennsylvania are selected […]

2/21/2024 | General, News & Resources

The purpose of the exemption and exclusion amounts is to protect taxpayers against the burden of federal estate and gift taxes, each currently at a flat rate of 40%. By taking advantage of these allowances, you can strategically plan your estate to minimize tax liabilities and maximize the preservation of your assets for future generations. In 2024, the annual gift tax exclusion rises to $18,000 per recipient per year. This means you can gift up to $18,000 to any number […]

1/22/2024 | Articles & Alerts, General, News & Resources

The Corporate Transparency Act (the “Act”), which Congress enacted on January 1, 2021, and made effective as of January 1, 2024, establishes a beneficial ownership information reporting requirement as part of the Federal government’s efforts to enhance transparency in corporate ownership and prevent the utilization of shell entities or other ownership structures to facilitate money laundering, terrorism financing, and other unlawful activities.  Unless your entity qualifies as one of the twenty-three types of entities exempt from the Act’s reporting requirements, […]

Related Practices: Real Estate Transactional, Business and Corporate Law