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Business Law Articles

Business Law Articles

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01/01/2005 - Export of computer software and hardware
The United States government has the statutory right to regulate the export of certain controlled classes of products. This regulation is performed by the requirement to obtain a license prior to the shipment of certain types of goods.
01/01/2004 - FLSA-2004 regulations changes
In 2004, changes were implemented to the Fair Labor Standards Act (“FLSA”) which address the determination of which employees are exempt from the requirement of minimum wage and overtime pay.
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Fiduciary duties: What duty do you owe?
A fiduciary duty is an obligation to act in the best interest of, and for the benefit of, another. The duties owed by those standing in a fiduciary relationship with a business entity differ depending on the entity classification.
Wage requirements - McNamara-O'Hara Service Contract Act
All contractors and subcontractors performing services under contracts to which the Act applies must observe certain standards, including the minimum wage and fringe benefit amounts set forth by the Department of Labor.
Charging orders for LLC membership interests
Membership interests in a limited liability company may be attached to satisfy debts to creditors by way of court order.
Wage requirements - Walsh-Healey Public Contracts Act
The Walsh-Healey Public Contracts Act applies to all contractors who enter into contracts with the United States Government for the manufacturing or furnishing of materials, supplies, articles, or equipment in excesses of $10,000.
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