FTC Rule Bans Non-Compete Clauses for Non-Senior Employees Non-compete clauses have long been a contentious issue in employment agreements, with concerns raised about their potential to stifle competition and limit employee mobility. On April 23, 2024, the Federal...
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Unlocking Tax Savings: Family Limited Partnerships in Estate Planning
As Trump era estate tax cuts are likely coming to an end in 2025, wealthy business owners are increasingly utilizing Family Limited Partnerships (FLPs) to significantly save the family taxes when they are gone. Understanding Family Limited Partnerships An FLP is a...
Reshaping the Skyline: The Modernization of the City of Columbus Zoning Code
This month, the City of Columbus introduced a revolutionary proposal to modernize its 70-year-old zoning code. The initiative aims to address the city and the region's rapid growth by strengthening housing, mobility, and affordability to foster and sustain the rise of...
Department of Labor Issues Final Rule Elevating Minimum Salary for Overtime Exempt Workers
The DOL has issued its final rule on overtime exempt workers, surpassing all expectations and setting a minimum salary threshold sixty-five percent (65%) higher than current thresholds in a two-step process. Last year, we delved into the DOL’s efforts in its proposed...
Will the US Congress Actually Pass a Law That Will Make Life Easier for Businesses?
PLEASE SIT DOWN BEFORE READING THIS Is it actually possible that the United States Congress is on its way to enacting legislation that will potentially make regulatory compliance easier for businesses? Over the last half-a-dozen years, while the EU has enacted unified...
Protecting Your Company’s Confidential Information: Takeaways from Meta’s Lawsuit Against Its Former Employee
Meta Platforms Inc., the parent company of Facebook, Instagram, and other products, recently filed a lawsuit in a California state court against a former vice president for allegedly taking confidential information from Meta to his new employer, an artificial...
Is Famous Whiskey Really Famous? Exploring Brand Recognition, Trademark Dilution & Fame
Is the dripping wax seal of Maker's Mark famous? What about the Texas Longhorn Football logo – surely that's famous, isn't it? While many would say those are famous and indelible American symbols, in the area of trademark law, specifically trademark dilution, there is...
Navigating Changes in FDIC Insurance Coverage: Ensuring Deposit Security Amidst Revised Limits
As of April 1, 2024, the Federal Deposit Insurance Corporation (FDIC) has implemented significant changes to its insurance coverage limits, particularly affecting trust accounts. These adjustments aim to simplify coverage rules while ensuring depositor protection....
As Seen On TV: Myths and Facts About Litigation
TV shows about lawyers are exciting, fast-paced and sexy. Not so much in real life. While entertaining, attorney TV shows do not reflect the reality of how litigation is conducted and can have a negative effect on what people expect when they deal with actual,...
Intel Receives Largest U.S. Funding Grant to Date but Confirms Further Delays in New Albany Facility Operations
On March 20, 2024, Intel and the White House announced Intel will receive $8.5 billion in federal subsidies to support Intel’s semiconductor plants in the United States. This grant is the largest award announced under the CHIPS and Science Act (CHIPS Act) to date. The...