Today, a federal court judge in Dallas, Texas, ruled the Federal Trade Commission went too far in issuing its nationwide noncompete ban that was set to become effective September 4, 2024…
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/ Administrative Law, Business Organizations, Civil Procedure, Commercial Law & Contracts, Labor & Employment Law
The Corporate Transparency Act (the “CTA”) imposes requirements on entities dissolved in 2024. Effective as of January 1, 2024, the CTA mandates entities disclose information about their “beneficial owners” to the Financial…
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/ Business Organizations, Finance & Banking, Taxation
Statewide ballot referenda are not new to voters in the Badger State. There are four scenarios in which a question may be directly asked of voters: whether to amend the state’s constitution; ratification of a law extending the…
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/ Administrative Law, Constitutional Law, Elections & Politics
On July 3, 2024, a federal judge in Texas granted a preliminary injunction in a lawsuit challenging the FTC’s noncompete ban. Notably, the injunction only applies to those plaintiffs named in the suit. All other employers will…
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/ Administrative Law, Business Organizations, Commercial Law & Contracts, Labor & Employment Law
The ever-changing landscape of state government requires businesses across all industries to stay informed on the happenings in Madison. Welcome to the June 2024 Recap issue of the Capitol Connection…
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/ Elections & Politics, Finance & Banking
Late Monday afternoon, a federal judge in Texas denied a marketing firm’s motion for a preliminary injunction to halt the DOL’s new overtime rule. This denial affirms that, for now, employers, other than the State of Texas, must…
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/ Administrative Law, Business Organizations, Labor & Employment Law
Wisconsin’s marital property laws impact compliance with the Corporate Transparency Act (the “CTA”). As discussed in other Ruder Ware CTA Focus Team insights, the CTA requires a “reporting company” to report information about…
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/ Business Organizations, Finance & Banking, Securities Law
This past Friday, a Texas federal judge granted a preliminary injunction for the State of Texas, postponing the effective date of the Department of Labor’s new overtime rule…
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/ Administrative Law, Civil Procedure, Labor & Employment Law
The Corporate Transparency Act (the “CTA”), part of the federal government’s effort to curtail money laundering by means of shell company structures, imposes disclosure requirements on most entities registered to do business in…
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/ Business Organizations, Finance & Banking, Taxation
A crucial aspect of compliance with the Corporate Transparency Act (“CTA”) is understanding the various due dates and obligations. A “reporting company” must meet CTA reporting deadlines to avoid potential regulatory penalties…
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/ Administrative Law, Business Organizations, Finance & Banking
The ever-changing landscape of state government requires businesses across all industries to stay informed on the happenings in Madison. Welcome to the May issue of the Capitol Connection…
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/ Administrative Law, Elections & Politics
Trust stakeholders are subject to Corporate Transparency Act (“CTA”) obligations under specific circumstances. Under CTA, a “reporting company” must disclose information about the company and its “beneficial owners.” CTA defines…
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/ Business Organizations, Securities Law
The Corporate Transparency Act (CTA) is a recent enactment that mandates increased transparency in entity ownership structures, aiming to combat illicit activities such as money laundering and terrorism financing facilitated by…
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/ Antitrust & Trade Regulation, Business Organizations, Finance & Banking
On May 9, 2024, the IRS announced the Health Savings Account limits for 2025. With respect to contribution limits, the limits are higher than the ones for 2024 and the required deductible and out-of-pocket maximums have…
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/ Antitrust & Trade Regulation, Finance & Banking
Today the Department of Labor issued its long-awaited rule raising the fixed salary requirements for employees in the executive, professional, and administrative exemption categories (EAP) and increasing the standard salary…
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/ Administrative Law, Labor & Employment Law
