Business Law Archives
Board Membership-An Honor or a Financial Minefield?
Feb. 2010 It is often thought of as an honor to be asked to serve on boards of directors. However, those asked may be in for a surprise when it comes to the personal liability to which they may be … Continue reading
Strategies For Coping With Ballot Measure 67
Feb. 2010 With the passage of Ballot Measure 67 last month, we must learn to live with its consequences. Most people with a TV heard that Ballot Measure 67 raised the minimum tax on business entities to $150. Previously, … Continue reading
Changes you need to know about-COBRA, SB519 and AEDs
December 2009 COBRA Subsidy Extension Announced On December 19, 2009, President Obama signed the Defense Appropriations Act of 2010 (the Act) into law. The Act extends the original federal COBRA subsidy of 65 percent of premium that was created by … Continue reading
More Changes As We Close Out 2009 – GINA and FMLA
Genetic Information Nondiscrimination Act – Are You Ready? The Genetic Information Nondiscrimination Act (GINA) was signed into law in May 2008, but takes effect next week, on November 21, 2009. The intent of GINA is to protect Americans against discrimination … Continue reading
Stimulus –Help for the Terminated But More Work for Employers
February 26, 2009 The American Recovery and Reinvestment Act of 2009 (the “Stimulus Bill” or “ARRA”) signed by the President February 17, 2009, provides relief to qualified beneficiaries of certain involuntarily terminated employees who terminate between September 1, 2008 and … Continue reading
Minding the Bottom Line: Minimizing the Risk of Cost Saving Strategies
November 2008 As the election fervor dies down, many in the business community contemplate the possibility that the current economic slow down may be with us for some time. Businesses experience economic cycles regularly, but this cycle, somehow, seems more … Continue reading
New Oregon Noncompete Law
Dec. 2007 As we advised several months ago, the rules in Oregon for governing noncompetition agreements are about to undergo significant changes. Effective January 1, 2008, it will become more difficult for many employers to enter into enforceable agreements with … Continue reading
Payment of Compensation is Not as Easy as it Once Was
Dec. 2007 Just when you thought the tax code couldn’t get any more complicated, Congress added Section 409A which contains extensive new rules addressing deferred compensation. Congress designed the new rules to “fix” abuses it saw with deferred compensation during … Continue reading
“Layering” Limited Liability Companies: Does it enhance the liability shield?
June 2007 Over the years many business owners, intending to enhance their companies’ liability shield, have created layers of corporations or limited liability companies (LLCs). Sometimes “safe” assets (those that create minimal risk exposure) are held in one entity, and … Continue reading
Arbitration Clauses
Jan. 2007 Arbitration clauses are now commonly found in employment and commercial contracts as the designated method of dispute resolution. The potential advantages of choosing binding arbitration over court litigation vary, but often include the following: (1) avoidance of jury … Continue reading
