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In this past year (2015), the U.S. Supreme Court issued a number of important employment law decisions. Federal employment law agencies such as the Department of Labor, the Equal Employment Opportunity Commission (EEOC) and the National Labor Relations Board (NLRB) published rules and guidance that significantly impact employer compliance in a number of key areas. […]

B.P. Greer Recycling Inc files Chapter 11 B.P. Greer Recycling Inc., which once hailed itself as the best commercial scrap metal recycling service, recently announced that it had filed for Chapter 11 bankruptcy protection. According to the Triad Business Journal, the company now intends to sell the majority of its remaining assets in an auction […]

Asperger’s not reasonable cause for exemption in tax case The U.S. Tax Court recently ruled that an investor cannot cite mental health, specifically autism spectrum disorder, as an excuse for failure to file accurate federal income taxes because the taxpayer failed to present evidence that would constitute reasonable cause. Health reasons can provide reasonable cause […]

How is your Choice-of-Law Provision? New York businesses may want to review the choice-of-law provisions in their non-competition and non-solicitation agreements. In a recent decision, the New York Court of Appeals refused to enforce the choice-of-law provision in an employment agreement purporting to apply Florida law after finding that “applying Florida law on restrictive covenants related […]

Entrepreneurs know first hand that getting start-ups off the ground can be a monumental task, especially start-ups in New York & New Jersey . In fact, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. As business lawyers, we regularly work with entrepreneurs with start-ups in New York & New […]

What is the Rooney Rule? Just over 10 years ago, the Rooney Rule was implemented in the NFL. Since then it has been criticized, praised, probed for loopholes and used appropriately. It is mentioned frequently in discussions of head coaching vacancies. So what is it, exactly? With “Black Monday” over and a number of NFL […]

Much ado about the Redstone family In what has been deemed by the tabloids as a family soap opera, the U.S. Tax Court ruled in a recent landmark case of the Redstone family that the transfer of stocks does not qualify as a taxable gift because the transfer was made for full and adequate consideration […]

Vantage Drilling Co files Chapter 11 On Dec. 3, Vantage Drilling Co., a global provider of offshore contract drilling services to major independent energy companies, announced that it had filed for Chapter 11 bankruptcy protection. According to a Seeking Alpha report, Vantage Drilling has agreed to a deal with its largest creditors to exchange its […]

Small business financing is one of the greatest hurdles any entrepreneur must face. In 2015, we discussed a number of ways that entrepreneurs can raise the capital needed to get their companies off the ground and help them grow. We also highlighted several new laws, such as the Securities and Exchange Commission’s new equity crowdfunding […]

2016 free agency period just around the corner… While the 2016 free agency period doesn’t begin for another few months, the NFL regular season is over and as teams that missed the playoffs consider their futures, players should also begin thinking about how they would like to continue with their careers. As the playoffs proceed […]

The Third Circuit Court of Appeals recently held that St. Peter’s Healthcare System could not rely the Employee Retirement Income Security Act (ERISA) exemption for church plans. The decision in Kaplan v. St. Peter’s Healthcare System is precedential and affirms the ruling of a New Jersey district court judge. Employees of the hospital filed suit under […]

New Equal Pay Protection Laws for Female Workers in New York Will Take Effect in a Few Days This fall, New York Governor Andrew Cuomo signed a series of bills into law that will dramatically increase the equal pay and gender discrimination protections for female workers in the state. For New York employers, it is important […]