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Federal Judge Strikes Down Biden Administration’s Overtime Rule

By Scott Atwood, Esq. In a recent legal development, a federal judge in Texas invalidated a Biden administration rule that aimed to expand overtime pay eligibility for certain salaried employees. U.S. District Judge Sean Jordan ruled that the Department of Labor (DOL) exceeded its authority in proposing changes to the […]

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Beneficial Ownership Information Report Filing Deadline Extended Six-Months for Companies Impacted by Hurricane Milton

By: Margaret Karakashian, Esq. The Financial Crimes Enforcement Network (“FinCEN”) has extended the deadline for filing Beneficial Ownership Information Reports (“BOIR”) for certain victims of Hurricane Milton. In order to qualify for the six-month extension, a reporting company (“Reporting Company”) must meet two requirements. First, the current deadline for the […]

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