FEDERAL JUDGE TEMPORARILY BLOCKS NEW OVERTIME RULES
As we noted in previous bulletins, new Department of Labor regulations were slated to take effect on December 1, 2016. They would have nearly doubled the minimum salary required for certain employees to be exempt from the FLSA’s overtime requirements.
But late yesterday, a federal judge in Texas granted a nationwide preliminary injunction temporarily blocking the new regulations. The plaintiffs—twenty one states and various business organizations—argued the DOL had exceeded its rulemaking authority. The court’s ruling bars the DOL from implementing and enforcing the new regulations until the court orders otherwise. The DOL has not yet indicated whether it will appeal. But for now, the current $23,660 salary basis remains in effect nationwide.
Congratulations to our seven Carrington Coleman attorneys selected for the...ALTMAN MODERATES DALLAS COUNTY JUDGE JENKINS PRESENTATION
Thank you to the Texas General Counsel Forum for hosting...CARRINGTON COLEMAN 2017 ANNOUNCEMENT
2017 – LOOKING FORWARD TO ANOTHER GREAT YEAR OF CLIENT...THINGS YOU MAY HAVE FORGOTTEN ABOUT CHAPTER 9 MUNICIPAL RESTRUCTURINGS
Many of us in the restructuring industry worked on Chapter...