Posts
November 20 2024
Client Alert: Reminder for NYC Restaurants to Remove Roadway Cafe Dining Setups
Restaurants with permitted roadway cafe dining setups must remove the structures by November 30, 2024. Roadway cafe dining setups permitted under the Dining Out NYC program can only operate from April 1 through November 29 each year, so the time for removal is fast approaching. However, permitted sidewalk cafes are allowed to operate year-round and need not be removed.
Click here to read the alert.
November 19 2024
Client Alert: Labor & Employment Law In The First 100 Days Of The New Administration
With the dust settling on the 2024 election results, the news cycle now shifts to the policy initiatives that the second Trump administration will put into place (and in fact are already beginning) as soon as the inauguration is complete. President-elect Trump’s platform contained a number of campaign statements regarding his view on federal labor and employment laws and how his newly appointed administrative officials would go about shaping those laws.
Click here to read the alert.
November 18 2024
Client Alert: Texas Federal Court Strikes Down 2024 Department of Labor Overtime Rule
The U.S. District Court for the Eastern District of Texas recently struck down the Department of Labor’s (“DOL”) 2024 rule raising exempt salary thresholds under the Fair Labor Standards Act (“FLSA”). By way of brief background, the 2024 DOL rule raised the minimum salary for overtime exemptions for executive, administrative, and professional (“EAP”) employees and highly compensated employees (“HCE”).
Click here to read the alert.
November 04 2024
Client Alert: Politics at Work: Tomorrow’s Election
As we enter the final stretch to tomorrow’s election, employers should be prepared to respond to employees who voice their political beliefs in the workplace. There are rights and restrictions that you should be aware of.
Click here to read the alert.
October 28 2024
Singapore’s Synagistics: Hong Kong’s first de-SPAC listing a milestone for stock exchange
Hong Kong’s listing reform marks a historic milestone this week as an overseas company becomes the first to list here via a merger with a blank-cheque company.
www.finance.yahoo.com
October 24 2024
Vicious Partner Feud Roils EF Hutton
Two years ago, EF Hutton was riding high. The bank was the top dealmaker in the speculative world of special-purpose acquisition companies, making millions taking risky startups such as Donald Trump’s social-media platform public.
www.wsj.com
October 24 2024
Client Alert: IRS Announces Inflation Adjustments for 2025
On October 22, 2024, the Internal Revenue Service announced inflation-adjusted amounts for more than 60 sections of the Internal Revenue Code. Of particular interest to employers that sponsor employee benefit arrangements.
Click here to read the alert.
October 23 2024
Delaware Chancery Court still hates SPACs
A long-serving Delaware Chancery Court judge just compared litigation over so-called blank-check investment vehicles to an anaconda snake that takes a year to digest its food.The pandemic-era mania for special purpose acquisition vehicles, or SPACs, crested in 2021, when sponsors created 613 new investment vehicles to go on the hunt for private companies ripe for acquisition.www.reuters.com