Josh Lewis on LinkedIn: #proudpartner #cintas (2024)

Paul F. Millus writes about the satisfying turn of events (for FedEx at least) in the Harris v. FedEx Corp verdict that, much to the plaintiff’s chagrin, adjusted her jury award downward by more than 99.9% -- making the appeal a very good investment of time and money.Read the full blog here: https://lnkd.in/ekuhTw_7....#employmentlaw #employmentlawyer #nassaucountyattorney #suffolkcountyattorney #newyorklawyer #litigationattorney #disputeresolution

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I’m getting this question a lot right now because the headlines are misleading: So we can just go hire anyone we want now because of the FTC rule that passed yesterday? Well you could, BUT…the Rule doesn’t take effect for 120 days and is already the subject of lawsuits seeking to prevent it from ever taking effect. The Rule says it doesn’t apply to causes of action accruing before the effective date in 120 days, so anything you do before then may not be protected by the Rule. And most importantly, noncompetes are one piece of the equation. If you hire an employee from a competitor, that competitor will still have legal recourse regardless of the Rule for other contract clauses (non-solicits or non-disclosures), trade secrets, tortious interference, unfair competition, conspiracy, etc. So the Rule yesterday is not a good reason to green light hires today. We have a great team of experts in this space (Eric Packel, Scott Gilbert, Jason Weber, Sean Gallagher, Arindam Kar, to name a few) and we are working feverishly to stay on top of these developments. More to come…Polsinelli #noncompetes #FTCRule

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𝗪𝗵𝗮𝘁'𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗿𝗲𝗰𝗲𝗻𝘁 𝘄𝗮𝘃𝗲 𝗼𝗳 𝗯𝗮𝗻𝗸𝗿𝘂𝗽𝘁𝗰𝗶𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘁𝗿𝘂𝗰𝗸𝗶𝗻𝗴 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆?The recent filing for Chapter 11 bankruptcy by three more Florida-based trucking companies has sparked concerns about the stability of the logistics sector. 🚚💥𝗧𝗵𝗲 𝘀𝘁𝗼𝗿𝘆 𝘀𝗼 𝗳𝗮𝗿:• The Covid pandemic hit hard, causing a significant reduction in demand for goods and disrupting supply chains.• The trucking industry faced massive layoffs in 2020, losing 88,000 jobs and over 3,000 companies.• By 2021, a record shortage of 81,000 drivers emerged, causing companies to raise wages to attract new talent.• While there was a 96% increase in registered drivers by July 2023, other challenges arose, such as rising fuel prices, inflation, and higher operational costs.𝗧𝗵𝗲 𝗶𝗺𝗽𝗮𝗰𝘁:Leading trucking companies like J.B. Hunt Transport Services, Inc., Knight-Swift Transportation, and XPO have placed immense pressure on smaller firms, making it hard for them to stay afloat. This financial distress has led to several companies filing for Chapter 11 or even Chapter 7 to liquidate their assets.𝗪𝗵𝗮𝘁'𝘀 𝗻𝗲𝘅𝘁?With the latest filings from AB Brothers USA, A1 Transport Network, and AOG Trucking, the question remains: how will the industry adapt to these ongoing challenges?🔹 Is the trucking industry at a tipping point, or can it recover from these setbacks?🔹 What steps can smaller companies take to remain competitive in such a volatile market?#TruckingIndustry #SupplyChain #LogisticsChallenges #BusinessAdaptationhttps://lnkd.in/gN-EN_Ke

Legal director in our Construction team Sam Beer will be joining Decipher on its webinar on 'Liquidated or Ascertained Damages' this coming Tuesday.The session will cover:• What liquidated damages are, and why we use them• How the different construction contracts treat damages• What are the legal and contractual issues?• What are the time and cost implications of LDs?• Some real-life case studies and recent case lawSign up via the link in the post below.#Construction #LiquidatedDamages #Contracts

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The automotive and manufacturing industries have their own unique needs. At Williams Overman Pierce, LLP, we are dedicated to staying ahead of evolving regulations, allowing you to concentrate fully on your business operations. Contact our team today to discover how we can help your operations! 🔗 https://cstu.io/2fc4ca #automotiveundustry #manufacturingindustry #manufacturingaccounting #automotiveaccounting

Does your company do business in DE? If so, I recommend you read this! This article highlights some of the most significant changes made to Delaware’s Corps, LLC's, Partnerships, and LP laws in 2023.

If you’re a shareholder of Qualified Small Business Stock in an S corporation, you may be envious of those who hold QSBS in a C corporation, given that a significant portion of the proceeds of any such stock sale in a C corporation are exempt from capital gains tax.However, a recent IRS Private Letter Ruling showcases that all hope may not be lost to make such a conversion, and our Benjamin Miller is here to provide that analysis in our recent DE Insight.#taxlaw #taxattorney #irs #qsbs #DEinsightshttps://lnkd.in/e2VUcgGD

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91,843 companies have recently been struck off the CAC register for not filing their annual returns.What are Annual returns and how do they help you?Here's all you need to know.#Norebase #AnnualReturns #BusinessOwner

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👀Boeing Shareholders Rebuke CEO Dave Calhoun✈️👀Despite substantial opposition, Boeing CEO Dave Calhoun will receive a 45% raise and retain his board seat. This decision comes amid significant shareholder frustration and notable protest votes at Boeing’s annual meeting, marking one of the biggest revolts this year against a CEO of a Dow Jones company.Key Points:🔹Pay Package Protest: Over a third of shareholders (35%) objected to Calhoun’s $32.8M pay package.🔹Board Re-election Opposition: 22% voted against his re-election as a director.🔹Safety Concerns: Boeing faces scrutiny after a door panel incident on a 737 Max, recalling past fatal crashes. Investigations revealed quality lapses and missing bolts.🔹Regulatory Issues: The US Department of Justice claims Boeing breached a $2.5B deal related to past crashes.🔹Leadership Changes: Calhoun will step down at the end of the year, with new leaders in commercial aircraft and board chair positions.Bill George, a former chief executive of Medtronic, the medical technology and services company and a Harvard professor of management practice, said: “Boeing cannot get back on track until its board appoints a new chief executive from outside the company with a technical background and a deep understanding of aerospace technology.” https://lnkd.in/edbMKtmDProxy advisers ISS and Glass Lewis advised voting against some Boeing positions, citing inadequate oversight of safety culture.This shareholder pushback underscores growing dissatisfaction and calls for stronger oversight and accountability at Boeing.#Boeing #Aerospace #CorporateGovernance #Shareholders #Leadership #Safety< 🔗 https://lnkd.in/erJk3iam >

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