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New Law Alert: Pregnant Workers Fairness Act
The PWFA builds upon the protection afforded to pregnant workers by requiring employers to provide reasonable accommodations to a worker’s known limitations as they relate to pregnancy, childbirth, or other related medical conditions, so long as the accommodations will not cause the employer any undue hardship. It is important for employers to familiarize themselves with changes and requirements of the law to ensure they are in compliance, as we will see the PWFA go into effect on June 27, 2023.
Mergers & Acquisitions Process Overview: Part 5
The Mergers & Acquisitions Process Overview Series is a sequence of five articles about the purchase and sale process. It is intended to provide business owners with a broad overview of the transaction process and answer some of the questions that are frequently asked. Part 5: Ancillary Closing Documents and Post-Closing Techniques.
Mergers & Acquisitions Process Overview: Part 4
The Mergers & Acquisitions Process Overview Series is a sequence of five articles about the purchase and sale process. It is intended to provide business owners with a broad overview of the transaction process and answer some of the questions that are frequently asked. Part 4: The Acquisition Agreement.
Mergers & Acquisitions Process Overview: Part 3
The Mergers & Acquisitions Process Overview Series is a sequence of five articles about the purchase and sale process. It is intended to provide business owners with a broad overview of the transaction process and answer some of the questions that are frequently asked. Part 3: Due Diligence.
Mergers & Acquisitions Process Overview: Part 2
The Mergers & Acquisitions Process Overview Series is a sequence of five articles about the purchase and sale process. It is intended to provide business owners with a broad overview of the transaction process and answer some of the questions that are frequently asked. Part 2: Letter of Intent (LOI).
Mergers & Acquisitions Process Overview: Part 1
The Mergers & Acquisitions Process Overview Series is a sequence of five articles about the purchase and sale process. It is intended to provide business owners with a broad overview of the transaction process and answer some of the questions that are frequently asked. Part 1: general seller and buyer motivation.
U.S. Supreme Court Sides with Transgender School Athlete, Upholds Preliminary Injunction Permitting Team Participation
On Thursday, April 6, 2023, the U.S. Supreme Court affirmed a preliminary injunction allowing a transgender middle school student to compete on the girls’ cross country and track teams at her school, signaling that a majority of the justices may not yet be ready to address this hot-button social issue.
ERISA Excessive Fee and Imprudent Investment Fiduciary Breach Cases: How to Avoid Being a Target
There has been a proliferation of lawsuits alleging breach of fiduciary duty in 401(k) and 403(b) plans. Although the cases of note involve larger employers and the corresponding larger 401(k) or 403(b) plans, fiduciaries of plans of all sizes should heed the warnings and lessons from the cases that populate the retirement plan news on a regular basis.
IRA Charitable Distributions: A Win-Win Scenario
While there are many ways to achieve your philanthropic goals, making donations through a personal retirement account (such as an individual retirement account or IRA) can be very effective.
Planning for Qualified Plan and IRA Distributions
It is too easy to focus only on complying with the rules regarding required minimum distributions (RMD). Your planning should encompass not only distributions upon death, but should also include a lifetime distribution strategy that is coordinated with your estate plan.
SECURE 2.0 and Exceptions to the Early Distribution Penalty
Before taking any distribution prior to age 59½, every participant and IRA owner should review the available exemptions from the premature distribution penalty and confirm that an available exemption applies.
2022 Agent and Broker Mergers and Acquisitions: 17% Decline
2022 mergers and acquisitions among insurance agencies and brokers in the U.S. and Canada declined 17% from the record set in 2021.
New Requirements & Fees for Foreclosure Actions in Erie
On January 18, 2023, Erie City Council passed “Erie City Official Ordinance 3-2023” which will create a new series of requirements and fees for lenders instituting foreclosure actions and owners of vacant houses located in the City of Erie.
New Year: Check Your Information!
The New Year is the perfect time to check your estate planning documents and beneficiary designations.
FTC Proposes New Ban on Non-Competes
On January 5, 2023, the Federal Trade Commission (FTC) published a proposed rule that would prohibit employers from enforcing and imposing non-compete agreements on workers. It is debatable whether a final rule will ultimately be published.
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