Employment Law Update – Spring 2024
    DOL Raises Salary Threshold for White-Collar Exemptions; EEOC Issues Long-Awaited Harassment Guidance; Lawsuits Challenge FTC Ban on Noncompetes; “Ahoy” All Employers: Don't Miss the 40TH Annual ELU
    Franchising Newsletter – New Principles of Franchising from the IFA Legal Symposium
    Two attorneys from Kaufman & Canoles attended the annual International Franchise Association’s Legal Symposium in Washington, D.C.
    Title Insurance Client Alert – Court of Appeals of Virginia Holds Plaintiff Who Did Not Seek Reimbursement in its Partition Complaint
    On Tuesday, in Lehmann v. WFV Holdings, LLC, the Court of Appeals of Virginia reversed a decision from the Circuit Court of Amelia County.
    ESOP Client Alert – Section 1202 QSBS – The Overlooked Arrow in the Business Succession Quiver
    Business owners considering exit options from their businesses often can be blinded by purchase price figures and proceeds, often “accepting” that paying capital gains tax is part of the deal.
    Gambling on Assumptions: Ensuring Data Policies Align With Operational Reality
    Joseph A. Dickinson authored an article titled "Gambling on Assumptions: Ensuring Data Policies Align With Operational Reality" for Attorney at Law, North Carolina Triangle magazine, Volume 12, Number 2.
    ESOP Client Alert – ESOP Community Waits for DOL Regulation on Valuation with Hope and Dread
    As part of the comprehensive “SECURE 2.0” retirement plan legislation enacted in December 2022, Congress directed the U.S. Department of Labor (DOL) to issue a long delayed and much needed regulation defining the term “adequate consideration” for purposes of the rules governing stock purchase and sale transactions by Employee Stock Ownership Plans (ESOPs).
    Intellectual Property Client Alert – IP Scammers
    Recently there has been an increase in offers and notices from companies not associated with the U.S. Patent and Trademark office (PTO).
    Corporate Transparency Act: ESOP Considerations
    The Corporate Transparency Act (CTA) went into effect January 1, 2024, imposing significant reporting obligations for millions of privately held entities, called Reporting Companies.
    ESOPs & Employee Benefits Q1 2024 Client Update
    On behalf of the ESOPs & Employee Benefits team, we hope you’re enjoying the first days of Spring, when the longer days allow more time to ponder the ever-changing landscape of employee benefits compliance.