Posted on by Victoria Davis
By: Mary Shahverdian Recently, the US Department of Labor (“DOL”) released their final rule, updating the Fair Labor Standards Act (“FLSA”)’s overtime pay requirements. The FLSA sets standards for minimum wages …
Posted on by Victoria Davis
By: Mary Shahverdian On April 23, 2024, The Federal Trade Commission (“FTC) issued a Final Rule banning noncompete agreements for workers. The Final Rule defines a “noncompete” clause or agreement as …
Posted on by Victoria Davis
By: Mary Shahverdian Workers and employers should be paying attention. A critical classification analysis that determines for whom the Fair Labor Standards Act (FLSA) applies is changing soon—thanks to a …
Posted on by Victoria Davis
By: Keri Ebeck Auto loan delinquencies are rising to levels greater than we saw in 2008-2009 recession. The amount of auto loans that are sixty (60) plus days past due …
Posted on by Victoria Davis
By: Harry Greenfield October 20, 2023 One of the places I like to stash money for my Debtor clients is with taxing authorities. Having a credit balance with a taxing …
Posted on by Victoria Davis
By: Harry Greenfield September 28, 2023 As we said last time, the Bankruptcy Code provides defenses to preference actions. The three most common are: 1) the “ordinary course of business” …
Posted on by Victoria Davis
By: Harry Greenfield September 8, 2023 When examining asset protection, there should be a discussion about preferences. In Ohio, there is a preference statute that defines preferences as those that …
Posted on by Victoria Davis
By: Robert Bernstein August 15, 2023 In much of asset protection territory, it is a fraudulent transfer or avoidance transfer that we are worried about the most. The reason for …
Posted on by Victoria Davis
By: Jeffrey C. Toole August 15, 2023 For years, the federal courts of appeals have been divided regarding whether, in a chapter 11 plan of reorganization, the claims held by …
Posted on by Victoria Davis
By Robert Bernstein August 11, 2023 A series of blogs on Asset Protection…. Blog #6 >>> Previously, we mentioned the idea of “fraudulent transfer” or avoidable transfer. First, we need …
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