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Monthly Archives: May 25, 2016

SCOTUS Clarifies “Actual Fraud” Bankruptcy Exception; Companies Should Take Utmost Care in Managing Assets

When does omission become a lie?  Is it still lying if you don’t actually make any false statements?  Consider the same in the context of fraud. Fraud by omission is still fraud, as recently held by the Supreme Court of the United States.  Previously, the courts required some affirmative “lie” or...

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Federal Trade Secret Protection with DTSA

On May 11, President Obama signed the Defend Trade Secrets Act (DTSA) of 2016, providing a federal cause of action for misappropriation of trade secrets. Until now, companies suing to defend their trade secrets had to resort to state courts. While most states have laws protecting trade secrets, outc...

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DOL Issues New Salary Requirements for Overtime Pay Eligibility

Yesterday evening, May 17, word began to leak that the Department of Labor (DOL) would be releasing its long-anticipated changes to the wage and hour regulations this morning. Sure enough, just a few hours ago, the DOL released its final rule amending the salary requirements for employees eligible f...

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You Don’t Have to Be a Prince to Need a Will

[vc_row][vc_column][vc_column_text]You may not have an estate worth $300 million like Prince, but having a Last Will and Testament and plan in place makes good sense regardless of the value of your assets. As we watch things unfold for Prince Rogers Nelson, with a multitude of heirs and unknown futu...

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