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Law Matters: March 2015
This content has been archived. It may no longer be relevant Welcome to Law Matters, Offit Kurman’s newsletter. Here you will find the latest articles on diverse legal topics written by our team of attorneys, as well as interviews and conversations with CEOs and decision-makers, news and events from the firm, videos, and other exclusive offers…
Executive Leaders Radio CEO Interview With Dennis Kelly Hosted By Offit Kurman
Executive Leaders Radio conducts “elite interviews” of prominent CEOs, CFOs, and Presidents focusing on “what makes them tick.” The ten to twenty-five minute on-air interviews are really informal POSITIVE conversations. Guests may be asked about their background education, influences, mentors and early career experiences, asked about their business, what they do and who they serve. They…
Friday Factoid: Sam Smith to Pay Royalties For Similarities between Songs
Singer and songwriter Tom Petty and Jeff Lynne, co-writers of the 1989 hit song I Won’t Back Down recently reached an amicable out-of court settlement with English singer Sam Smith to resolve the similarities between Petty’s I Won’t Back Down and Smith’s Stay With Me. The settlement calls for Smith to pay a substantial royalty…
Compensation and Compliance Matters: Clarifying the Department of Labor’s Loan Officer Ruling
The U.S. Supreme Court recently reversed the D.C. Circuit court decision that had determined that the process by which the 2010 opinion letter on the exempt status of loan officers was adopted was incorrect. The Supreme Court upheld the 2010 opinion letter, in which the DOL determined that loan officers were not exempt administrative employees…
Offit Kurman Attorney John Scaldara Looks Back 50 Years
This year marks 50 years since I joined my first law firm. In the decades since my legal career began, I’ve witnessed vast changes in the profession’s methods and technologies. In some ways, my work now bears almost no resemblance to what it was in 1965. Yet for as drastically as the particulars have evolved,…
The Weekly Scenario: Withdrawing Funds from Retirement
Question: I need to withdraw funds from my retirement account now. How can I avoid the 10% penalty tax? Answer: The intent of retirement plan accounts from the government perspective is that the money be used for retirement, not on an as needed basis. As such, tax law imposes a penalty for early withdrawals. Generally, if you…
Grow Your Company Through Outsourced Business Departments
Need to grow your business quickly? Learn to let go. Outsourcing, once solely considered the purview of IT professionals, has become a best practice for companies of all industries and sizes. Advancements in digital communication have made it easy for any firm to hand over tasks, projects, and roles to contractors anywhere in the world….
Read|Delete: Happy St. Patrick’s Day!
The first St Patrick’s Day parade was not held in Ireland. The first St Patrick’s Day parade was held in Boston in 1737, the result of Irish immigrants celebrating their home country, culture and pride in their heritage, an event which has now been transformed into annual parades in New York, Boston and Dublin. Source: Independent.co…
This Month in Compensation and Compliance Matters
Each week, labor and employment attorney Ari Karen writes about the latest hearings and litigation in the financial sector, and offers his viewpoint on diverse compliance and compensation matters. Whether you run a business, work for a financial institution, or are involved in an employment dispute, Mr. Karen provides an important point-of-view on our nation’s…
Executive Leaders Radio CEO Interview With Mike Myers Hosted By Offit Kurman
Executive Leaders Radio conducts “elite interviews” of prominent CEOs, CFOs, and Presidents focusing on “what makes them tick.” The ten to twenty-five minute on-air interviews are really informal POSITIVE conversations. Guests may be asked about their background education, influences, mentors and early career experiences, asked about their business, what they do and who they serve. They…
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