Agreements that limit an individual’s ability to compete with a former employer have been controversial and the subject of much legislation and litigation. Federal regulators have proposed a rule that would largely prohibit their use entirely. Consider the following… Non-compete...
Agreements that limit an individual’s ability to compete with a former employer have been controversial and the subject of much legislation and litigation. Such agreements are now getting the attention of federal regulators as well. Consider the following… Non-compete agreements… As...
Most business owners are aware of the legal requirement to provide workers’ compensation insurance for their employees. But, can limited liability company members be covered as well? Consider the following… A recent case… Under New Jersey’s Workers’ Compensation Act, employers are...
What happens when the last member of a limited liability company dies? Consider the following… The conundrum… When a corporate shareholder dies, the shareholder’s stock passes to the deceased shareholder’s heirs. All of a shareholder’s rights (e.g., right to vote and...
In prior blogs, I discussed how the Corporate Transparency Act (“CTA”) will require most existing and new corporate entities (e.g., corporations, limited liability companies, etc.) to report personal information about the entity’s owners and those who formed/incorporated the entity....