ELDI ALERT: JUDGE BLOCKS FTC RULE BANNING NONCOMPETES
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
CONGRESS’ CORPORATE TRANSPARENCY ACT REQUIRES CERTAIN BUSINESS OWNERS TO REPORT PERSONAL INFORMATION OR FACE CIVIL AND/OR CRIMINAL PENALTIES
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
2024 Best Law Firms® Independent Rankings Highlight Top Firms in the Industry Today and Key Trends Driving Successful Firms Toward the Future
11/6/2023 | Articles & Alerts
Kaplin Stewart is passionate about serving our clients, so we are honored to announce our inclusion on the 2024 Best Lawyers “Best Law Firms®” list. Kaplin Stewart has been recognized for professional excellence ratings from clients and peers nationally in 3 practice areas and 7 metropolitan-based practice areas across the firm. According to Best Lawyers, achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise. Firms included in the 2024 “Best Law Firms®” […]
New Jersey Lawmakers Establish Employment Protections for Certain Service Employees During Changes of Certain Service Employees During Changes of Ownership
11/1/2023 | Articles & Alerts
On July 24, 2023, New Jersey Governor Phil Murphy signed into law a bill governing the retention of certain service employees and supplementing Title 34 of the State’s Revised Statutes. Most importantly, the legislation, known as the “Service Worker Retention Law” (A-4682/S-2389), imposes affirmative duties on buyers and sellers of various types of real estate who are parties to qualifying contracts entered into or renewed on or after October 22, 2023. While also applicable to other situations, as it relates to […]
Related Practices:
Business and Corporate Law
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