News

SEVERANCE AGREEMENTS ARE IN JEOPARDY, INCLUDING PAST AGREEMENTS

SEVERANCE AGREEMENTS INCLUDING CONFIDENTIALITY AND NON-DISPARAGEMENT CLAUSES ARE IN JEOPARDY, INCLUDING FOR PAST AGREEMENTS WITH EMPLOYEES The National Labor Relations Act (“NLRA”) protects employees' rights to discuss the terms and conditions of their employment, including confidentiality and non-disparagement clauses in settlement agreements.  However, most severance agreements contain a confidentiality clause...

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Los Angeles City Employee Postings and Requirements – New Ones

Los Angeles City Employee Postings and Requirements – New Ones The City of Los Angeles is special.  Besides a new minimum wage coming July 1, 2023 of $16.78 (yes, check your payrolls), the Fair Work Week Ordinance (“FWWO”) took effect on April 1, 2023, which imposes new requirements on retail...

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ChatGPT Is Changing the Business World

ChatGPT Is Changing the Business World What Does That Mean for The Future of Your Business? ChatGPT is a HOT TOPIC as it can research and write things for you.  It was developed by research institute OpenAl and was opened for the public to use for free as artificial intelligence...

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U.S Court of Appeals Back East Says PTO is NOT Salary

U.S Court of Appeals Back East Says PTO is NOT Salary In the case of Higgins v Bayada Home Health, the Third Circuit Court of Appeals, a federal court covering Delaware, New Jersey, Eastern/Middle and Eastern Pennsylvania, says paid time off (“PTO”) is not salary for purposes of the Fair...

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New Relaxed Covid Isolation Requirements

New Relaxed Covid Isolation Requirements The California Department of Public Health (“CDPH”) revised the COVID guidelines to match the federal Centers for Disease Control and Prevention (“CDC”) recommendations for Isolation and Precautions for People with COVID-19:      •Employees can leave isolation after five days if they are feeling well,...

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Highly Compensated Employees Paid Daily Are Entitled To Overtime

Highly Compensated Employees Paid Daily Are Entitled To Overtime Breaking News:  The Supreme Court ruled today that highly compensated employees are eligible for overtime pay.  The Supreme Court ruled in the case of Helix Energy Solutions Group v. Hewitt that because a former employee was paid on a daily basis...

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Foreclosures

Foreclosures The real estate industry runs in cycles with the economy.  With the tight economic times, business owners in a pinch cannot pay their lenders.  When borrowers stop paying the secured lender, the lender typically begins the foreclosure process.  Foreclosures are heating up across the country.  As of November 2022,...

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SELL SELL SELL YOUR LA REAL ESTATE BEFORE YOU’RE TAXED MORE

SELL SELL SELL YOUR LA REAL ESTATE BEFORE YOU’RE TAXED MORE APRIL 1, 2023…April Fools Day.  Don’t wait until then to close on your transactions.  Los Angeles Measure ULA is commonly known as the “mansion tax.”[1] It will impose a new “Homelessness and Housing Solutions Tax” on transfers of residential...

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CHAPTER 7 BANKRUPTCY PRE-FILING PLANNING

CHAPTER 7 BANKRUPTCY PRE-FILING PLANNING Once a Chapter 7 bankruptcy is filed, all of the assets of the debtor that filed becomes property of the bankruptcy estate.  Immediately upon filing, a Chapter 7  the bankruptcy court appoints a bankruptcy Trustee to sell your “nonexempt” assets or those things not protected...

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