News & Insights

When purchasing a business in Pennsylvania, buyers naturally focus on the purchase price, financing, due diligence, and the assets they are acquiring. One less obvious issue can create significant liability after closing: Pennsylvania’s Bulk Sales Law and the need for tax clearance certificates. Pennsylvania law generally applies the bulk sales requirements when a business sells or transfers 51% or more of certain business assets, including inventory, fixtures, machinery, equipment, buildings, ...

The first weeks of school often bring complaints as students, drivers, aides, and school personnel adjust to new routes and schedules. A parent may report unsafe driving, inappropriate language, failure to follow student transportation instructions, or some other interaction on the bus. As with any complaint received by the Contractor, it is important to respond promptly; however, Contractors should be mindful to review all facts and fully investigate the complaint before responding.

In last months issue of Mind Your Business: PA School Bus Edition, we discussed the job duties test as a component of determining whether an employee is exempt from overtime under the Fair Labor Standards Act (“FLSA”). However, the job duties test is only half of the analysis. To qualify for most exemptions under the FLSA, employees must satisfy both the duties test and the salary test.

Libraries rely on many employees to keep public services running each day. A single library may employ directors, branch managers, professional librarians, circulation assistants, pages, custodians, technology staff, and administrative personnel. Because these roles often overlap, employee classification can be difficult for library boards and administrators. This is especially true in smaller libraries, where one employee may supervise staff, serve patrons, prepare reports, and assist with d...

The Fair Labor Standards Act (“FLSA”) establishes the minimum wage, currently $7.25 per hour, and overtime requirements for employees working over forty (40) hours per week, at a rate of one and one half times the employee’s regular rate of pay. 29 U.S.C. §206, 207. But, employees employed in a bona fide executive, administrative, or professional capacity are exempt from these minimum wage and overtime requirements. 29 U.S.C. §213(a). The United States Department of Labor (“USDOL”) regulati...

​School bus drivers know that nearly every school bus is equipped with audio/video recording equipment. Drivers also know that most students travel with a cell phone that has audio/video recording capability. As a result, drivers often have to deal with students making their own audio/video recordings on the school bus when incidents or accidents occur. How should a driver respond when students are recording a school bus incident, or when students are recording the driver disciplining students?...

“Working Capital” is an important part of business buy/sell transactions, but it is not a term commonly used or known by most business owners. Working capital is the invisible asset in every business. Basically, it is the ready cash on hand needed for day to day operations. Read further to understand how it is calculated for a buy/sell transaction, and how it impacts the value of the deal.