Skip to Content
Main Content

News / Blog

image New DOL Overtime Rule

New DOL Overtime Rule

The U.S. Department of Labor (DOL) issued a final rule that will redefine which white-collar workers are exempt from the overtime provisions of the Fair Labor Standards Act (the FLSA).…
image 5 WHP Attorneys Named in The Best Lawyers in America© 2020

5 WHP Attorneys Named in The Best Lawyers in America© 2020

Wickens Herzer Panza is pleased to announce that five attorneys have been named in The Best Lawyers in America© 2020. This recognition is earned through peer nominations and reviews and is intended to capture the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area…
image Employee Misclassification: Avoid Hefty Fines

Employee Misclassification: Avoid Hefty Fines

The Fair Labor Standards Act (“FLSA”) is the federal law setting the requirements for paying employees and defining what type of positions qualify for overtime. If a position is non-exempt, employees working in that position must be paid overtime at a rate of one and one-half times their regular hourly rates for any hours worked over 40 hours in a week. States also have their own statutes addressing employee pay. The penalty provisions under both the state and federal regulations can be very significant.…
image Hidden Opportunities Right Under Your Nose

Hidden Opportunities Right Under Your Nose

The distressed market has always presented fertile ground for business parties – investors, business owners, and start-ups – to explore opportunities that, though they may come with some uncertainty, offer “value” that potentially outweighs the issues present. Sometimes these opportunities come through as shut-downs, liquidations, reorganizations, or otherwise (at times, resulting in auctions) in which owners seek to divest themselves of certain assets. One popular vehicle often seen is in conjunction with a Chapter 11 bankruptcy filing; specifically, a sale pursuant to Section 363 of the United States Bankruptcy Code. The key to a Section 363 sale, and the overwhelming reason such sales are so enticing to buyers, is the undeniable stripping of all existing interests in the assets sold, resulting in a purchase that is truly “free and clear.”…