On Tuesday, April 23, 2024, the FTC published a final rule banning new non-compete clauses in employment contracts with all workers after its effective date. The rule goes into effect 120 days following its publication in the Federal Register. Existing non-compete agreements, except for those covering senior executives, are unenforceable after the effective date.
With the recent announcement of the 2024 Oscars nominees, showings and re-showings of the movies that received a nod from the Academy will be prevalent in the coming months. But it is important to remember that public movie showings are strictly controlled by the U.S. Copyright Act, which grants the exclusive right to authorize public showings of copyrighted works to their owners. Read this overview of how copyright applies to "public" movie showings.
Firearm ownership is at the center of many legal discussions and debates in the US, including how individuals can legally procure guns. Gun trusts are one way of legally and more easily transferring firearm ownership between individuals. Here's an overview of what gun trusts are, their benefits, and some of the key insights to know about drafting a binding gun trust.
Intellectual property is one of the most often overlooked assets on the balance sheets of businesses today. The intangible nature of these assets leaves them susceptible to being out of sight, out of mind, and, therefore, unprotected. The following 3-step assessment is a great start toward identifying and protecting your intellectual property asset portfolio.
The business world is abuzz with implementing Environmental, Social, and Governance strategies, often abbreviated ESG. These multi-part strategies outline practical guidelines the company operates within through a series of related policies. While ESG-type practices have existed far longer than the buzzword itself, transparency via technology has become an enormous factor. As companies of all sizes continue moving toward transparency in their ESG practices, the requirements they impose will likely extend into their supply chain as well. Here are a few reasons why mid-market companies should prepare for ESG to extend to their supply chain and examples of policies they may consider looking for in prospective supply partners.
Diversity, equity and inclusion (DEI) compliance is at the forefront of employers’ minds. Concerns surrounding employment and hiring processes are under the microscope like never before. While many might believe they already have appropriate policies and practices in place, there are serious legal consequences for businesses found to be in violation of civil rights laws.
Divorce is an emotional and difficult time. Social media has a tendency to exacerbate heated conversations. When these two merge together, the results can be disastrous for divorce proceedings and both parties involved. Even highly responsible, ethical and “well-adjusted” people make mistakes during the emotional difficulty of divorce.
Owning a vacation home can create complicated family estate and income tax issues. Planning for the transfer of the family cottage requires a series of thoughtful steps. The cottage can be any vacation home and, whether it's a ski chalet or condo, waterfront property or hunting land, all have financial and emotional ties to a family.
Electronic communications—such as emails or texts—have become the primary form of communication among organizations and individuals. In the modern world, businesses large and small communicate internally and externally using electronic communications...
Tax Alert: Key income and estate tax law changes proposed by U.S. House Ways and Means Committee in Democrat's budget reconciliation bill, "Build America Back Better Act."