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Why The CSL's Application To The Sale Of LLC Membership Interests May Be Unknown And Unknowable At The Time Of Sale

The California Corporate Securities Law of 1968, like the federal Securities Act of 1933 and Securities Exchange Act of 1934, define "security" by providing a list. Because limited liability companies did not exist when these laws were enacted, none...By: Allen Matkins
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Allen Matkins | Sep 03,2019 |

One Fewer Headache: NLRB Holds That Misclassification Won’t Lead To Labor Law Violations

Chalk up in the win column for businesses. On August 29th, 2019, the National Labor Relations Board ruled that companies found to have misclassified workers as contractors will not automatically face liability for an unfair labor practice......By: Fisher Phillips
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Fisher Phillips | Sep 03,2019 |

Dealing with team moves and protecting your business: lessons learnt from a recent case

On June 14, 2019, the Hong Kong Court of First Instance handed down an interlocutory decision in McLarens Hong Kong Ltd v. Poon Chi Fai, Corey & Or, [2019] HKCFI 1550, refusing to grant a springboard injunction sought by McLarens against nine of its...By: Dentons
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Dentons | Sep 03,2019 |

Colorado “Bans The Box” For Private Employers On September 1, 2019

Effective September 1, 2019, the Colorado Chance to Compete Act (HB 19-1025) will “Ban the Box.” “Ban the box” refers to the checkbox on job applications where applicants must reveal if they have been convicted of a felony. With this Act, applicants...By: Sherman & Howard L.L.C.
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Sherman & Howard L.L.C. | Sep 03,2019 |

Blog: Use of Earn-Outs to “Bridge” the Valuation Gap

There’s an old saying, probably at some point attributed to Abraham Lincoln or Einstein, that a bridge shows no allegiance to either side. It’s a wonderful metaphor and one that dealmakers would be wise to remember when working to construct...By: Cooley LLP
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Cooley LLP | Sep 03,2019 |

Third Circuit Examines FLSA ‘Willfulness’ Standard: ‘Reckless’ vs. ‘Egregious’

The issue of willfulness is very important in FLSA cases because such a finding extends the statute of limitations from two years to three. The standards utilized in making these decisions have been established but their application to particular...By: Fox Rothschild LLP
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Fox Rothschild LLP | Sep 03,2019 |

UK Tax Round Up - August 2019

UK Case Law Developments - Valid notice crucial to tax indemnity claim - The Court of Appeal (CA) decision in Stobart Group Ltd v Stobart and another is a cautionary tale for any purchaser who, following the acquisition of a company, might be...By: Proskauer Rose LLP
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Proskauer Rose LLP | Sep 03,2019 |

AB 5 Update: California Senate Committee Advances Bill to the Senate Floor

This article is an update to prior publications from Littler’s Workplace Policy Institute regarding Assembly Bill 5 (AB 5), currently pending in the California legislature. On August 30, 2019, the California Senate Appropriations Committee briefly...By: Littler
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Littler | Sep 03,2019 |

Santa Monica’s New Hotel Worker Protection Ordinance: What You Need to Know, Now

On August 27, 2019, the Santa Monica City Council voted unanimously to pass an ordinance providing certain protections for hotel workers, with particular focus on Room Attendants, working in the city of Santa Monica. The City Council heard lengthy...By: Stokes Wagner
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Stokes Wagner | Sep 03,2019 |

Labor Board: Misclassifying Worker As Independent Contractor Does Not Violate NLRA

It does not violate the National Labor Relations Act (NLRA) if an employer mistakenly misclassifies its employees as independent contractors, the National Labor Relations Board (NLRB) has decided. Velox Express, Inc., 368 NLRB No. 61 (Aug. 29, 2019)....By: Jackson Lewis P.C.
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Jackson Lewis P.C. | Sep 03,2019 |
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