The General Counsel Blog
Qualified Small Business Stock. Section 1202.
Section 1202 allows a non-corporate taxpayer (i.e., individual, LLC taxed as a partnership, trust, etc.) to exclude up to 100%
Captive Insurance Company
A. General Principles Section 162(a) allows the deduction of “all the ordinary and necessary expenses paid or incurred during the taxable
Regulatory Summary regarding The Telephone Consumer Protection Act (“TCPA”)
The TCPA, related federal laws, regulations, and rules, court cases, and all applicable state laws (“Telemarketing Laws”) protect consumers from
Common Claims Under the Americans with Disabilities Act
Discrimination Claims Under the ADA The ADA prohibits employers from discriminating against disabled employees because of their disability.[1] A disability
Common Claims Under the Pregnancy Discrimination Act
Disparate Treatment Claim Through the PDA, Congress amended Title VII to include that “women affected by pregnancy, childbirth or other
Earnouts
Basic Definition •An earnout is a risk‐allocation mechanism used in an M&A transaction whereby a portion of the purchase price
Earnouts: Defining the Target Business
Basic Definition An earnout is a risk‐allocation mechanism used in an M&A transaction whereby a portion of the purchase price
California Exempt Employees: Rights and Classification Explained
Under California law, employees are typically entitled to overtime pay if they work more than eight hours a day or
Worker Classification and Special Rules for Physicians
Summary Accurately determining worker classification is crucial to avoid costly litigation, damages, and penalties. Proper classification hinges on whether a
White Collar Exemptions: A Comprehensive Guide
The FLSA The Fair Labor Standards Act (“FLSA”) mandates that an employer must pay its employees “one and one-half times
Understanding Utah Charging Order Case Law
Charging Orders Utah permits personal creditors of an LLC owner to obtain a charging order against the debtor-owner’s membership interest.
Fraud Claims in Litigation: A Comprehensive Guide to Your Litigation Claim
In Arwood v. AW Site Servs., LLC (Del. Ch. March 9, 2022), the Seller was approached by Buyer about selling the business.