Liquidating distributions are the distributions through which a partnership or limited liability company (LLC) terminates a partner's or a member's interest in the entity. Like current distributions...
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) recently issued a nationwide reporting rule effective December 1, 2025. This new rule mandates certain reporting requirements...
Ancillary agreements play a crucial role in acquisition transactions, complementing and supporting the primary acquisition agreement. Common ancillary agreements include employment agreements, non-competition...
Need to learn about New York’s new law requiring retail employers to develop and implement workplace violence prevention training and policies? Read New York Enacts Law Requiring Retail Employers...
This practice note provides a provision-by-provision guide to drafting and negotiating the key clauses of a performer agreement, offering insights into the significant provisions typically found in talent...
On April 23, 2024, the U.S. Department of Labor enacted a rule increasing the salary threshold for “white-collar” employees to be exempt from receiving overtime from $35,568 to $43,888 on July 1, 2024, and then an increase to $58,656 on January 1, 2025. Do you need guidance on the salary basis test under the Fair Labor Standards Act (FLSA)? Watch our new Salary Basis Test Video, by Chris Kazanowski of Lex Robotica PLLC.
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