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December 5, 2024
The Eastern District of Texas issued a nationwide preliminary injunction on December 3, 2024, pausing the reporting obligations imposed by the Corporate Transparency Act (CTA). The decision, Texas Top Cop Shop, Inc. v. Garland, comes shortly before a significant reporting deadline on January 1, 2025 – the date on which companies in existence as of […]
October 18, 2024
Michigan employers have faced a level of uncertainty in setting their personnel budgets for 2025 due to the United States Department of Labor’s 2024 Rule that increased the minimum salary for employees exempt from overtime under the Fair Labor Standards Act as Administrative, Executive, or Professional employees. The increase was scheduled in two phases: the […]
October 3, 2024
On June 6, 2024, the Supreme Court of the United States ruled in a 9-0 decision that life insurance proceeds from a company-owned policy used to redeem a deceased owner’s interest in a closely held business must be included when calculating the value of that owner’s interest for federal estate tax purposes. The Court’s ruling […]
August 21, 2024
On Tuesday, August 20, 2024, United States District Judge Ada Brown issued a nation-wide injunction stopping the scheduled September 4th implementation of the Federal Trade Commission’s rule that eliminated almost all non-compete agreements. The ruling was widely expected given Judge Brown’s earlier ruling blocking the ban in Texas in which she expressed significant skepticism regarding […]
August 20, 2018
For a business owner or entrepreneur looking to obtain a liquor license or buy a licensed business, the process of applying for and receiving approval from the Michigan Liquor Control Commission (“MLCC”) can be daunting and, at times, frustrating. Depending on the business you are running or hoping to run, there are several different types […]
July 31, 2024
On Wednesday, July 31, 2024, the Michigan Supreme Court issued a sweeping change to employers’ bottom line. The Court held that the state legislature acted unconstitutionally when it adopted but then amended in the same session two 2018 ballot initiatives providing earned paid sick leave for most Michigan workers and increasing the minimum wage for […]
July 2, 2024
No Knock-Out at The Bell As we announced in late April, the U.S. Department of Labor (“DOL”) established new minimum compensation amounts effective July 1, 2024, for salaried employees in bona fide executive, administrative, or professional positions. It was widely expected that litigation would be commenced immediately to keep the new levels from being implemented […]
June 7, 2024
On May 21, 2024, the Department of Justice (DOJ) proposed a rule which, if enacted, would “transfer marijuana from schedule I of the Controlled Substances Act (CSA) to schedule III of the CSA.”1 Before the rule can be enacted, a 60 day comment period is given to allow members of the public to voice their […]
April 24, 2024
Employers Hit With Double April Whammy! On a day that may be remembered as Armageddon Tuesday by Employers, the Federal Trade Commission (FTC) and The Department of Labor (DOL) both announced final rules on Tuesday, April 23, 2024, that will have major implications for virtually every employer. The Federal Trade Commission rule bans almost all […]
April 15, 2024
On April 7, 2024, nearly two years after Congress’s last attempt to pass a national data privacy law, Senator Maria Canwell, chair of the Senate Commerce Committee, and Rep. Cathy McMorris Rodgers, Chair of the House Energy and Commerce Committee, unveiled the American Privacy Rights Act of 2024 (the “Act”). With an increasing number of […]