Gianfranco Pietrafesa & Mark Oberstaedt to Speak on LLCs at NJ State Bar Association Annual Meeting
05.16.2024
Presented by: Gianfranco A. Pietrafesa, Mark J. Oberstaedt
Featured Insights
05.09.2024
Speaking Engagements & Seminars
Gianfranco Pietrafesa and Shamila Ahmed to Present “A Refresher on the New Jersey Revised Uniform Limited Liability Company Act” to the Hudson-Bergen Inn of Transactional Counsel
Gianfranco A. Pietrafesa and Shamila R. Ahmed, members of the firm's Business Counseling and Merger & Acquisitions Groups, will give a presentation on New Jersey LLC law to members of the Hudson-Bergen Inn of Transactional Counsel. The presentation information is as follows:
04.24.2024
Press Releases
Alice Paul Institute Names Debra Rosen to the Board of Directors
Partner Debra S. Rosen has been appointed to the Board of Directors of the Alice Paul Institute (“API”). She will serve a three-year term. Debra has been a supporter of API for many years and is a former recipient of the Alice Paul Equality Award, which honors individuals who capture the spirit of Alice Paul and continue Alice’s mission of advancing women’s equality. Debra is joining API as the Institute celebrates its 40th year of advocacy and education in furtherance of its commitment to equality and gender justice.
04.24.2024
Client Advisories
Department of Labor’s Final Rule Dramatically Expands the Pool of Employees Eligible for Overtime with Initial Round of Changes Effective on July 1, 2024
On April 23, 2024, the Department of Labor (“DOL”) announced long-awaited revisions to overtime regulations under the Fair Labor Standards Act (“FLSA”). The most important change will allow many more workers to receive overtime pay because the DOL raised the minimum salary that employees must receive before they can ever be exempt from overtime under the recognized “white collar” exemptions for executives, professionals, and administrative employees. The DOL also finalized its proposed changes to the separate highly compensated employee exemption’s total annual compensation requirement methodologies. The revised earning thresholds will become effective on July 1, 2024, and will increase again, significantly, on January 1, 2025.