On Friday, June 10 at 8:30 pm, a jury in Lee County, Alabama returned its verdict in the three-week long trial of House Speaker Mike Hubbard (R–Auburn). The Speaker had been indicted in October of 2014 on 23 counts—each alleging a violation of the Alabama Ethics Law (“the Act”). The Speaker and his legal team will no doubt appeal the jury’s verdict.
Maynard Cooper is pleased to sponsor the first ever Sloss Tech on Friday, July 15 at the Lyric Theater. Sloss Tech is teaming up with Sloss Fest to offer an inspiring weekend that provides a venue for thought-provoking presentations and workshops covering the latest in creative thinking and emerging technologies. Sloss Tech’s mission is to become a hub for our technological community to network, share ideas and push their boundaries of innovation.
Matt Stiles and Matthew Cannova, attorneys at Maynard Cooper, hosted a webinar on June 7 titled DOL Issues Long-Awaited Final Regulations on Minimum Salary for FLSA Exemptions: What Employers Need to Know. On May 18, 2016, the Department of Labor announced its long-awaited final regulations regarding FLSA overtime exemptions to the overtime rules, which will take effect on December 1, 2016. Matt and Matthew discussed the final regulations and what they mean for employers, as well as strategies to adapt your operations to the new rules and ensure your company is compliant.
President Obama signed the Defend Trade Secrets Act of 2016 (DTSA) on May 11, 2016 after the bill received strong bipartisan support in Congress. Although most states have already passed trade secret misappropriation laws, the DTSA creates several new avenues to protect a trade secret in the federal courts. The following is an overview of the bill’s most important features.
Jon Levin and Cheryl Anderson hosted a webinar on May 25 titled, Terminations: How to Deal with the Premature Death of your Contract. Topics covered during the webinar included an overview of terminations, terminations for convenience (T4C), partial T4C vs. deductive changes, terminations for default (T4D), and calculating termination costs.