- Posts by Noel HumphreysOf Counsel
A transactional lawyer working closely with business clients, Noel Humphreys actively participates in the ins and outs of business organizations. He focuses his practice on business transactions, lending transactions ...
Employers with employees operating online accounts on the employer’s behalf will want to retrieve the login information (such as access codes and passwords) for those accounts when the employee parts ways with the company. To increase the likelihood of a seamless surrender of that ...
A Texas judge “set aside” the Federal Trade Commission’s (FTC’s) proposed ban on most non-compete agreements (the “Rule”) on August 20, 2024. It is likely that this federal district court judge’s order will have nationwide effect, not merely in the Northern District of ...
New Jersey businesses should expect that courts will generally refuse to enforce existing non-compete agreements after September 4, 2024, despite recent lawsuits challenging the Federal Trade Commission’s (“FTC’s”) recently adopted ban on non-compete agreements.
In ...
As discussed in a prior alert, New Jersey employers are subject to a three-factor test, known as the ABC test, that generally classifies most workers as employees, rather than as independent contractors. On May 13, 2024, the Supreme Court of New Jersey issued an opinion clarifying that the ABC ...
Two recent US Supreme Court cases have made it easier for some workers to avoid having to arbitrate disputes with their employers.
The Federal Arbitration Act allows employers of most workers to require arbitration of disputes between employers and workers. However, the FAA does not ...
To fight money laundering, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is now requiring title companies to collect and file information identifying the buyers of residential real estate for at least $300,000 (less in Baltimore) whenever the buyer does not ...
As we reported earlier, the federal Corporate Transparency Act (the “CTA”) now requires most small corporate entities to report ownership information to the Financial Crimes Enforcement Network of the U.S. Treasury Department. New York has adopted its own version of the legislation ...
The Supreme Court last week heard arguments in the appeal of a Circuit Court opinion resolving a million-dollar dispute with the IRS that owners of closely held businesses should heed.
The case on appeal, Thomas Connelly v. United States, 70 F. 4th 412 (8th Circuit, June 2, 2023), involves two ...
Deadlines are fast approaching for companies to file ownership information reports required by the newly applicable federal Corporate Transparency Act (“CTA”).
The CTA requires most small corporate entities to report ownership information to the Financial Crimes Enforcement ...
New York Governor Kathy Hochul in late December vetoed a bill that would have authorized courts to void non-compete agreements, provisions that employment contracts sometimes include to limit employees’ choices regarding where and when they may accept a job with another employer.
The ...