Many employers have been keeping a close watch on news regarding a new federal overtime rule since it was announced some time ago. A Texas Federal Court’s ruling this week has put at least a temporary halt on this rule before it has even been implemented. The rule, which was supposed to go into effect on December 1, could have extended overtime pay to about 5 million workers across the country. The Texas court ruled in favor of a preliminary injunction on this rule, which prohibits the Department of Labor from enforcing it. Diane M. Perri Roberts, an attorney who represents clients in business litigation and employment matters at Lipsitz Green Scime Cambria, spoke to the Buffalo Law Journal about the decision and what it means for employers going forward. The full story is available on the Buffalo Law Journal website.
Creating a Business Dissolution Checklist
Starting and running a business can be an exhilarating ride. Unfortunately, sometimes the best-laid plans can unravel, and you might need to close down the business. Just like starting a new enterprise, closing one down involves a series of steps you need to follow to successfully dissolve a business venture.