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M&A: Matching Priorities – Buyer and Seller
In the context of M&A, frequently the priorities of a buyer and a seller differ, especially at the outset of a transaction. In sum, what may be important to a buyer, frequently is not on the radar of a seller. Why? Simply put, how a seller operates its business day to day most times is…
Managing Contract Liability in Ransomware Disruptions: A Case Study in the Logistics Sector
Recent litigation in the State of Washington highlights the need to address the evolving landscape of cyber liability and ransomware attacks. The lawsuit filed by POC USA, LLC (“POC”) against Expeditors International of Washington, Inc. (“Expeditors”) stems from a failure to fulfill third-party logistics services during a ransomware attack. The rising prevalence of ransomware is…
Facing the Scam: What to Do If You’ve Fallen Victim to a NYC Apartment Rental Scheme
There is a horrific scam that preys on the vulnerability of renters in New York City, and it happens more often than you might think. The process of securing an apartment in the city is already difficult enough. It involves gathering numerous documents and endless days and nights of searching. When you find a place…
When Athletes Stumble: The Perilous Pitfalls of Financial Scams and the Simple Legal Mechanisms to Stop Them
In a world where reputation is paramount, athletes often stand as symbols of hard work, determination, wealth, and success. Despite their celebrity, they are not immune to the snares of financial scams. Take, for example, the LA Dodger’s own Shohei Ohtani’s former interpreter, who pled guilty just last week to bank and tax fraud after…
Should Your Wedding Checklist Include a Prenup?
Fans of The Golden Girls may remember the episode in which Dorothy decides to remarry her ex-husband, Stan. He’s the selfish, cheating, novelty salesman Dorothy had married as a teenager in a shotgun wedding. Although they are now divorced, Stan remains the bane of Dorothy’s existence. She calls him, without irony, a “yellow-bellied sleaze ball,”…
OK at Work: Increases to FLSA’s Salary Basis Test
On this week’s OK at Work, Sarah Sawyer and Russell Berger discuss the upcoming increase to the FLSA’s salary basis test that will require employers to either provide substantial raises or to reclassify certain exempt employees as non-exempt and pay them hourly. Listen to learn more.
What are Capital Gains, and How can Capital Gains impact my divorce?
Capital gains are the profits realized from the sale of assets such as stocks, bonds, real estate, or other investments. When an asset is sold for more than its original purchase price, the difference represents a capital gain. These gains are subject to taxation, but the amount of tax owed can vary depending on several…
What happens to Debt in Divorce: Understanding Financial Responsibilities
Divorce is a challenging time, often fraught with emotional and logistical complexities. Amidst the emotional upheaval, one aspect that requires careful consideration is the division of debts. Financial entanglements can add a layer of complexity to an already difficult situation. Understanding how debts are handled during a divorce is crucial for both parties to ensure…
The Right to Disconnect for California Employees
California is often the first when it comes to new laws and regulations governing employers, and a new law introduced by San Francisco Assemblyman Matt Haney would be another first of its kind. If passed, this proposed legislation would make California the only state in the country to mandate that employers give their employees the ability…
OK at Work: FTC’s New Ruling on Non-Compete Provisions
On this week’s OK at Work, Sarah Sawyer and Russell Berger discuss the FTC’s new rule on non-compete provisions and the practical steps employers can take right now. Listen to learn more.
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