Archive: June 2015

  • Employers: Get Ready to Pay More Overtime

    June 30, 2015

    (June 30, 2015) The proposed regulations released today by the Department of Labor (DOL) aim to increase the salary basis test to $970 per week, or $50,440 per year for a full-time salaried worker.  If finalized as written, the new rules will double the basis for salary exemption, which is currently set at $455 per […]

  • Grand Rapids Business Journal: Joint liability found in H2A grower/contractor relationship

    June 26, 2015

    “While working with an H2A labor contractor to obtain foreign migrant workers can be beneficial for growers in terms of easing costs and liability, it doesn’t waylay all risks for the grower”

  • A Primer on Asset Purchase Agreements

    June 8, 2015

    Most business transactions are structured as either a “stock sale” or an “asset sale.”  When a business sells its assets, the primary agreement governing the transaction is an Asset Purchase Agreement (the “APA”).  While the details contained in an APA will depend on the specifics of each business transaction, there are several key questions that […]

  • A Primer on Stock Purchase Agreements

    June 8, 2015

    Most business transactions are structured as either a “stock sale” or an “asset sale.”  When a business owner sells stock, the primary agreement governing the transaction is a Stock Purchase Agreement (the “SPA”).  While the specifics of each business transaction will drive the details contained in the SPA, there are several key questions that will […]

  • Nursing Mothers in the Workplace – A Helpful Reminder to Employers

    June 8, 2015

    (June 4, 2015) Earlier this week, a federal court in New York considered whether an employee had a claim against her employer for allegedly violating protections given to nursing mothers through the Affordable Care Act, which amended the Fair Labor Standards Act (“FLSA”). While the court dismissed the employer’s argument that no private right of […]

  • Court Sends Warning Signal to Michigan Business Owners Regarding Shareholder Oppression Litigation

    June 2, 2015

    (June 25, 2015) A recent decision by the Michigan Supreme Court raises two important points for Michigan businesses and business owners: issues of shareholder oppression and any potential remedies for oppression are decided by the judge, not a jury, and a violation of a shareholder agreement or other governing corporate documents can create a claim for […]