The New York State Legislature has passed the No Severance Ultimatums Act (S372A/A6480A)(the “Proposed Act”), which, once signed by Governor Hochul, would establish notice requirements and minimum review and revocation periods for certain employment severance agreements. If enacted, the Proposed
The New York Trapped at Work Act (NY Labor Law §§1050 et seq.) (the “Act”) prohibits employers from requiring employees or potential employees to sign “employment promissory notes” or other similar provisions as a condition of employment. Earlier in 2026,
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New York law requires employers to report newly hired or rehired employees and the engagement of certain independent contractors to the New York State Department of Taxation and Finance. Below is a summary of employer’s reporting requirements under the law
As covered in our Transparency-is-in-Your-Future series, on December 22, 2023, New York Governor Kathy Hochul signed into law the LLC Transparency Act (the “NY LLCTA”), requiring the disclosure of beneficial ownership information to the New York Department of State (“NY DOS”)
During the COVID-19 pandemic, New York State passed a law requiring employers to provide at least 5 or 14 days (depending on certain circumstances) of job protected, paid COVID-19 sick leave to employees who needed to take leave because they
After much litigation surrounding the Federal Corporate Transparency Act (“CTA”) and enforcement of the CTA by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”), the U.S. Treasury Department announced the suspension of CTA enforcement against U.S. citizens
As you may know, we have posted numerous updates on the pending litigation surrounding the Federal Corporate Transparency Act (“CTA”) and enforcement of the CTA by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
On February 18,
As you may know, we have posted numerous updates on the pending litigation surrounding the Federal Corporate Transparency Act (“CTA”) and enforcement of the CTA by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
On February 5,
As you may know, we have posted numerous updates on the pending litigation surrounding the Federal Corporate Transparency Act (“CTA”) and enforcement of the CTA by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
After considerable back
