Estate planning is a lot like putting together a puzzle. The client provides you with their box lid showing what they want the ultimate result of their plan to look like. Then, estate planners are tasked to identify and gather the various pieces and put it all...
Articles
New NLRB Memo Targets Non-Compete & Stay-or-Pay Policies: Key Updates for Employers
NLRB General Counsel Jennifer Abruzzo issued Memorandum GC 25-01 on October 7, 2024, announcing her goal to remedy the alleged harmful effects she views inherent to overly broad non-compete and stay-or-pay provisions by imposing increasingly generous remedies. This...
The SECURE Act: Key Changes and Updates
The SECURE Act: Key Changes and Updates The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was originally signed into law on December 20, 2019. The Act simplifies the process for businesses to establish “safe harbor” retirement plans, making...
The Current and Evolving Landscape of AI in the United States: What’s Next?
The explosive growth and widespread adoption of generative machine learning and artificial intelligence technology solutions (collectively, AI) have left the U.S. in pressing need of comprehensive regulations governing the creation, use, and disclosure of AI. Much...
The FTC’s New “Click-to-Cancel” Rule: Simplifying Subscription Cancellations for Consumers
On October 16, 2024, The Federal Trade Commission (FTC) announced a significant update to its regulations governing negative option programs. This new “click to cancel” rule aims to make it easier for consumers to cancel a subscription or recurring payment. With the...
Can an Irrevocable Trust Be Changed? Insights from Rupert Murdoch’s Case
The Murdoch's Battle Over Their Media Empire The Murdoch heirs are battling over control of their multi-billion-dollar media empire. Adding to the complexity, the fight involves an irrevocable trust which Rupert Murdoch created in 1999. He executed the trust after...
TikTok on the Chopping Block: Will the U.S. Ban the Popular Social Media App?
On September 16, 2024, the U.S. Court of Appeals for the District of Columbia Circuit heard oral arguments in the seminal case of TikTok, Inc. v. Garland, which centers around the potential ban of TikTok under the Protecting Americans from Foreign Adversary Controlled...
Court Ruling in Ohio Highlights Evolving Non-Compete and Non-Solicit Landscape
As the Federal Trade Commission’s Non-Compete Rule is appealed through the federal courts, a ruling from a court in Cleveland, Ohio, exemplifies how certain courts have recently approached non-compete and non-solicitation agreements. In short, Ohio’s metropolitan...
Time’s Running Out: Are You Ready to Comply with the CTA by Year-End?
As the fourth quarter of 2024 kicks off, businesses are running out of time to determine their compliance obligations under the Federal Corporate Transparency Act (CTA). If your company does not report its beneficial owners by the end of the year, and no exemption...
REMINDER: Review Your Beneficiary Designations to Avoid Unintended Consequences
The Wall Street Journal recently published an article involving a scenario that—while significant and possibly worst-case—may be more common than you may think. Specifically, the article describes a scenario under which Margaret Sjostedt, the former girlfriend of a...