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New York City hotels remain affected by statutory severance obligations imposed by the City’s Severance Law, which requires NYC hoyels to pay eligible employees weekly severance payments for up to 30 weeks.
As previously discussed, the New York City Council passed a law at the end of last year requiring certain hotels in the City to pay eligible employees weekly severance payments for up...
In General Motors Corporation v. Commonwealth, the Pennsylvania Supreme Court held that the state’s prior flat $2 million cap on a corporate taxpayer’s net operating loss (NOL)...
If liberty can be taken away in times of crisis, is it really liberty; or is it just a license, subject to the whims of the politicians in power?
Now that the Supreme Court has decided AMG Capital Management, LLC v. Federal Trade Commission (regardless of your rooting interests, quite a day, eh?) all eyes turn toward Congress, as it considers whether to amend Section 13(b) of the FTC Act. As we explained yesterday, in AMG, the Supreme Court definitively (9-0) held that the current text of the statute only allows for injunctive relief. While the official line is that the FTC does not lobby Congress, the Agency is making its preferences known. In the words of Acting Chairwoman Rebecca Kelly Slaughter: In AMG Capital, the Supreme Cou...