As your child prepares to embark on their college journey, a sense of pride and excitement fills the air. However, amidst the whirlwind of new beginnings, it’s crucial to address an often-overlooked aspect: the legal rights and protections needed once they turn 18. At our law firm, we understand the importance of ensuring your continued involvement in your child’s well-being…
On July 3, 2024, the U.S. District Court for the Northern District of Texas made a crucial decision in Ryan, LLC v. Federal Trade Commission, granting a limited stay and preliminary injunction against the Federal Trade Commission’s (FTC) new Non-Compete Rule. This rule, slated to render nearly all non-compete agreements unenforceable with few exceptions, has stirred substantial controversy among employers…
The landscape of labor law is ever-evolving, and keeping abreast of changes is crucial for businesses to maintain compliance and avoid costly legal repercussions. One of the most significant recent changes is the new overtime rule for exempt employees. What is the New Overtime Rule? The U.S. Department of Labor (DOL) periodically updates regulations to reflect the modern workforce better.…
In a recent ruling on April 17, 2024, The Supreme Court made it easier for workers forced to transfer form one job to another to file discrimination claims under the federal law. Workers can now take legal action even if they’re not demoted or subjected to pay cuts. They would need to prove that some harm occurred, but not be…
The Federal Trade Commission’s (FTC) recent ruling to ban noncompete agreements nationwide signifies a significant shift in the regulatory landscape. This transformative development carries profound implications for businesses across the Lone Star State, creating the necessity for a strategic approach to compliance and adaptation. The implications of this ruling and its potential ramifications for employers in Texas will be far-reaching…
On February 16, 2024, we published a blog about the reporting requirements of the Corporate Transparency ACT (CTA). This past Friday, a federal court in the Northern District of Alabama issued a judgment declaring the CTA unconstitutional, citing its infringement upon the limits of Congress’ authority as outlined in the Constitution. As a result, the Financial Crimes Enforcement Network (FinCEN),…
The Corporate Transparency Act (“CTA”) was enacted by Congress as of January 1, 2024, as a preventative and combative measure to money laundering, terrorist financing, corruption, tax fraud, and other illegal activity. The CTA requires certain entities (each a “reporting company”) to identify itself, its primary owners and officers (each a “beneficial owner”), and in some cases, certain professionals who…
Worker’s compensation insurance is a critical aspect of ensuring the well-being of both employees and employers. In Texas, as in many other states, having worker’s compensation insurance is essential for businesses of all sizes. This article will provide insights into the worker’s compensation insurance requirements in Texas and explore the pros and cons of subscribing to this type of insurance.…
As a business owner, your company is likely one of your most significant assets. It represents your hard work, investments, and aspirations for the future. However, it is equally important to consider what happens to your business in the event or your incapacity or death. To ensure a smooth transition and protect the interests of all stakeholders, it is crucial…
An unavoidable reality in the complex landscape of small business ownership is making tough decisions. One of the most challenging decisions a small business owner can make is to terminate an employee. Aside from the emotional and operational considerations, there’s also the matter of unemployment claims and the Texas Workforce Commission (TWC) process. In this blog post, we will break…
