Show Me the Money

The US Supreme Court just ruled in a bankruptcy case, where the defaulting debtor used a corporate shell game to try to avoid paying its debt. If you’d like to read the nuances over what does and does not constitute a fraud exception to a creditor being able to gets dollars on their dollars instead ofContinue reading Show Me the Money

From Salaried, back to Hourly? New US-DOL Overtime rules

The US Dept of Labor’s long-anticipated changes to the overtime pay threshold still haven’t come out (could be anywhere from $47-50k, up from the current $23k). But, either way, you probably have a sizeable handful of currently salaried employees who will go back to be handled as hourly paid. Which can seem like a kickContinue reading From Salaried, back to Hourly? New US-DOL Overtime rules

Federal ‘Defend Trade Secret Act’ signed in to Law

Theft of trade secrets has been a federal crime since the 90’s. In response to American companies’ secrets being spirited away by departing employees and foreign-born economic spies, the federal government lent its considerable prosecutorial power to matters that had been very difficult for companies to handle. Since then, the possible penalties were upped inContinue reading Federal ‘Defend Trade Secret Act’ signed in to Law