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Will the Trans-Pacific Partnership benefit guitar manufacturers? The guitar manufacturing industry is already heavily dependent on foreign production and as a result, could benefit from the Trans-Pacific Partnership (TPP). However, given the attitude toward the trade deal on the presidential campaign trail, its future is on ground as steady as a detuned E-string.Support for the TPP is not […]

While everyone was waiting for the Securities and Exchange Commission (SEC) to finalize its equity crowdfunding rules, many states took matters into their own hands. Now that the federal regulations are finally in place, it remains unclear what role intrastate crowdfunding will play. Intrastate crowdfunding on the rise In total, 28 states have now legalized […]

Understanding the New Overtime Pay Rules One of the issues with the new overtime pay rules regarding wage and hour regulations is companies are unaware of the major changes of the proposal, which is set to go into effect Dec. 1. According to the Department of Labor, a prime example of the changes for salaried employees […]

Is it within your rights to search employee emails? This question regarding whether employers reserve the right to search employee emails has become very controversial. It appears that Hillary Clinton is not the only one having her emails scrutinized. Since many workers do not have private email servers and rely on their employers’ electronic communication […]

Spinoffs in reality television Reality television has been innovative and entertaining over the years, but the genre has also developed some habits. One of them is a tendency to indulge in spinoffs. If you’re starring in a reality TV program, there’s a chance you too could end up starring in a spinoff series.  Popular unscripted […]

Halcon Resources Files Chapter 11 Recently, Halcon Resources, one of the largest energy exploration and production companies in the U.S., announced that it will file for Chapter 11 bankruptcy protection. According to Oil and Gas 360, the company has negotiated a prepackaged agreement with its primary noteholders to eliminate $1.8 billion from its debt total. Halcon […]

The Anatomy of a Commercial Insurance Contract Most businesses have at least one insurance policy. However, many business professionals, including some who work in risk management areas, may not fully be aware of what coverage is provided. An insurance policy is a legal contract, and failing to understand the terms of a commercial insurance contract […]

The Securities and Exchange Commission (SEC) recently proposed a rule that would require registered investment advisers to adopt or amend their current business continuity and transition plans (BCP). Under the proposed BCP rule, the plans must be reasonably designed to address operational risks related to a significant disruption in the adviser’s business. Why the need […]

With this new rule passed, will New York commercial litigation settlements become the norm for resolution? Commercial litigation is often contentious. Yet the large majority of cases are still resolved short of going to trial – this is where commercial litigation settlements will come into play. In the State of New York, a new rule recently […]

Landmark NJ Supreme Court Ruling for NJLAD Lawsuits Time Restraint Under New Jersey’s statute of limitations, workers generally have two years to file an employment lawsuit under the New Jersey Law Against Discrimination (NJLAD). In a landmark decision, the Supreme Court of New Jersey recently held that employers can’t amend that deadline by contract. Facts […]

What You Need to Know About UNICAP Rules If a small business designated as a C corporation, partnership, S corporation or limited liability company is not aware of uniform capitalization rules, they will need to read closely. The IRS has UNICAP rules that require partnerships to capitalize some costs instead of deducting them as they […]

Are you doing everything you can to prepare for a search warrant? While prosecutors generally use grand jury subpoenas to gather evidence of white-collar crimes, search warrants are also employed in some cases. Although search warrants are more difficult to obtain, they allow prosecutors immediate access to documents and largely avoid the risk that records […]