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Archive by tag: LLPReturn

Overtime Rules: US Labor Department Issues Final Rule Hiking Salary Threshold for Exempt Employees

New US Labor Department regulation, to take effect January 1, 2020, raises the minimum base salary for exempt employees to US$35,568. Key Points: The new regulation: ..Increases the minimum base salary for exempt employees under the Fair Labor...By: Latham & Watkins LLP
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Latham & Watkins LLP | Sep 30,2019 |

Diversity Visa Lottery: Lawsuit over New Passport Rule

On September 25, 2019, we reminded clients that the Diversity Visa Lottery would be open from October 2, 2019 to November 5, 2019 for Fiscal Year 2021. A lawsuit has been initiated in federal court challenging the new passport rule included in the...By: Proskauer Rose LLP
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Proskauer Rose LLP | Sep 30,2019 |

Taking an Out of State Deposition in Rhode Island Just Got Easier!

On July 15, 2019, the Uniform Interstate Depositions and Discovery Act (the “Uniform Act”) was enacted in Rhode Island. R.I. Gen. Laws 9-18.1-1 et seq. It will simplify the process of taking a deposition in Rhode Island for actions pending outside...By: Pierce Atwood LLP
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Pierce Atwood LLP | Sep 30,2019 |

4 Key Reasons Why European P2P Deals Fail – and How Private Equity Deal Teams Can Avoid Them

Adherence to secrecy, pre-announcement preparations, realistic expectations-setting, and strategic plans for taking control are keys to P2P deal success. The deal market has seen a resurgence in public to private (P2P) transactions - global P2P...By: Latham & Watkins LLP
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Latham & Watkins LLP | Sep 30,2019 |

DOL Issues Final Regulations for Salary Cutoff Amount for Overtime Exemption

The U.S. Department of Labor (DOL) on Sept. 24, 2019, issued its final overtime rule as it relates to the salary amount that employees must be paid in order to meet the salary basis requirements for exemption from overtime pay. (See Holland &...By: Holland & Knight LLP
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Holland & Knight LLP | Sep 30,2019 |

Corporate Deposition — Multiple Witnesses At the Same Time?

A few years ago, I represented a process piping subcontractor in a claim against the general contractor and the owner of a coal fired power plant in Massachusetts. While the case was unique and interesting in a number of ways, some of which may be...By: Pierce Atwood LLP
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Pierce Atwood LLP | Sep 30,2019 |

A Union Strikes a Revolutionary Blow in Tech

The labor movement sent a powerful and potentially revolutionary signal to the tech industry this past week on September 24: contract employees of HCL Technologies, working under a renewable contract with Google, voted to unionize for better...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Sep 30,2019 |

Treasury Proposes Regulations Implementing Nearly All of FIRRMA’s Provisions

On September 24, 2019, the U.S. Department of the Treasury (“Treasury”) published two proposed rules (together, the “Proposed Rules”) to implement the remaining provisions of the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA”),...By: K&L Gates LLP
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K&L Gates LLP | Sep 30,2019 |

Department of Labor Final Rule Increases Salary Threshold for Exempt Employees

The U.S. Department of Labor (DOL) issued its long-awaited Final Rule stating that all employees who make less than $684 a week, or $35,568 per year, must earn overtime pay. This new requirement replaces the current threshold of $465 per week, or...By: Akerman LLP - HR Defense
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Akerman LLP - HR Defense | Sep 30,2019 |

New FLSA Rule Raises Minimum Salary Thresholds for Exemption from Overtime Pay

The U.S. Department of Labor (the “DOL”) has just released, after much anticipation, final updates to the regulations that define which white-collar workers are exempt from the overtime provisions of the Fair Labor Standards Act (the “FLSA”)....By: Ropes & Gray LLP
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Ropes & Gray LLP | Sep 30,2019 |
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