Category: Client Alerts
Employment Law Updates August 2024
We have been tracking federal agency rules regarding noncompete agreements and overtime exemption salary thresholds. One such rule has been struck down while the other is currently in effect but is subject to pending legal challenges. The FTC’s Ban on Noncompete Agreements Has Been Struck Down and Will Not Go […]
Carbon Dioxide Storage Facility Act
The Alabama House and the Senate have both passed House Bill 327 which was signed into law by Governor Ivey on May 9, 2024. This Act could be of serious consequence to landowners, timber operations, oil, gas and mineral holders, property developers; (including subdivisions), title insurers and perhaps others. As […]
Employment Law Developments
There are a number of critical recent updates that have significant implications for employers. DOL Increases Overtime Exemption Salary Threshold in Final Rule On April 23, 2024, the Department of Labor (DOL) announced its Final Rule increasing the Fair Labor Standards Act (FLSA) salary thresholds for the overtime exemptions for […]
2024 Employment Law Developments
There are significant employment law developments for 2024 which make the new year a good time to analyze changes that may impact employers’ planning, policies, and procedures. Four of these areas are highlighted here. Alabama Department of Revenue Issues Guidance on Overtime Pay Exemption The Alabama Department of Revenue (ADOR) […]
New Federal Law on Corporate Transparency
Effective January 1, 2024, the Corporate Transparency Act (“CTA”) will go into effect for all states. The CTA seeks to identify entities used for money laundering and other criminal activities, by requiring certain business entities to disclose their ownership and control to the U.S. Treasury Department. Below are the main […]