Philadelphia City Council passed a Bill earlier this month that will soon make it illegal for any employer to ask a job applicant about his or her wage history. This law will go into effect 120 days after it is signed by Mayor Kenney. A spokesman from the Mayor’s office…
Articles Posted in Business Law
Dept of Labor’s New Overtime Law is Blocked
New Overtime Law is Blocked The new overtime law that would have increased pay for millions of employees starting on December 1 has been blocked by a preliminary injunction issued by a Texas federal court. The law would have raised the minimum salary hourly threshold exemption for white collar employees…
Cyber Security for the Small Business
Cyber Security Month October is Cyber Security Month. If your company uses any kind of computers, cell phones, networks, software, etc. to go about its business, then this month applies to what you do day in and day out. Having these technologies makes our lives more advanced and efficient but…
PA 2017 Tax Amnesty Program
What is the Pennsylvania tax amnesty program? Tax amnesty is a program where taxpayers (businesses and individuals) who owe outstanding taxes can settle with the Pennsylvania Department of Revenue (“Department”) by paying less than what is owed. Under the program, if the taxpayer pays the entire amount of the outstanding…
Dangers in Your Commercial Lease- The Confession of Judgment Clause
A recent court decision from the Philadelphia Courts should cause anyone with a commercial lease to review their contracts. The issue in this case required the court to determine if a confession of judgment clause in a commercial lease was enforceable. The Court ruled the confession of judgment clause was…
Bankruptcy and Sheriff Sale Purchases
As a professional real estate developer or someone with an interest in purchasing real estate at a sheriff sale, you need to understand how the bankruptcy and foreclosure laws work together. Foreclosure is a process by which a private party (a bank for example) or a municipality bring a lawsuit…
How to Make Sure Your Small Business Gets Paid
Driving to work this morning I was thinking about my aging receivables and was becoming increasingly frustrated. Although I am a lawyer and work in a Philadelphia law firm, I am also, at my core, the owner of a small business. I provide services and expect or hope to…
What Does the New Overtime Law Mean for Your Business?
Starting December 1, 2016, a new overtime rule goes into effect that employers should be aware of that will impact employees on salary. The Fair Labor Standards Act (FLSA) is a federal law that applies to all employers across the country. It guarantees a minimum wage to all employees as…
Defend Trade Secrets Act of 2016 Redefines Federal Approach
Last week, President Obama signed the Defend Trade Secrets Act of 2016 or DTSA into law. This new law provides the owners of trade secrets a private right of action against those individuals or entities who misappropriate trade secrets. This new law for theft of trade secrets must be brought…
Prince’s Death a Reminder in Business Succession Planning
By now, it is common knowledge that we have lost Prince, one of the greatest artists of our time. Though he is gone, his legacy will live on in his music, movies, and various other distributions of his image and art. Unfortunately, Prince had no will. According to various estimates,…