By Alicia J. Samolis and Michael A. Gamboli After announcing preliminary proposed rulings in June of 2015, and then receiving over 270,000 comments, the Department announced its Final Rule and final revisions to the Act on May 18, 2016 . Most importantly: The revisions go into effect on December 1, 2016. The minimum salary needed...
“This decision is extremely important,” began Partridge Snow & Hahn partner, Steven Snow, who represents the congregation. “This decision will ensure that the nation’s oldest synagogue will continue to serve as a public place of worship forever.” The congregation that has worshipped at Touro Synagogue, the nation’s oldest synagogue, has been in a dispute with...
C corporation taxpayers have their work cut out for them. New rules provide a fifty-two page guide on how to compute Rhode Island apportionment (or the slice of total income Rhode Island is able to tax), and require familiarity with several different “waterfall” methodologies. Apportionment is now entirely based on sales, and the rules have significantly changed...
Partridge Snow & Hahn partner, Melissa Darigan, was awarded the Women in Business Industry Leader Award for Professional Services at the Providence Business News Business Women Awards & Leadership Summit Thursday. In addition to being Co-Chair of the Firm’s Litigation Practice, Melissa is President of the Rhode Island Bar Association, the state’s largest business or...
You’ve been waiting more than four years since Congress passed the JOBS Act to use equity crowdfunding to raise capital for your company. On May 16, 2016, the SEC’s final crowdfunding rules under the Securities Act of 1933 finally go into effect (“Regulation Crowdfunding”). You’re now ready to take advantage of the new rules and raise...
On May 25, 2016, employers, hiring managers, business and labor leadership gathered at the Radisson Hotel in Warwick for the Pathway to Employment Community Workforce Development Summit. The Summit was designed to help educate employers of the benefits and incentives of including formerly incarcerated individuals as part of their workforce development. Partridge Snow & Hahn...
There has been a fair amount of buzz in the days after Prince’s death about his estate plan, whether he has a Will, whether he did or did not do any planning. Time will see this out. Prince’s heirs at law appear at this time to include his sister, Tyka Nelson, who filed a petition...
SAFE stands for “Simple Agreement for Future Equity” and is a creation of the ubiquitous start-up accelerator, Y Combinator. SAFEs look like convertible notes, but have some material differences that you should understand. How does a SAFE work? Much like a convertible note, a SAFE is an instrument that gives an investor a right to...
By Alicia J. Samolis As seen in the May 4, 2016 edition of Law 360. The final rule implementing Executive Order 13665 (the Pay Transparency Act) went into effect on Jan. 11, 2016. The act prohibits employers from requiring their employees to keep their compensation confidential. Under the new rule, covered employers also can no longer...
Every time you visit a website to read the news, use a social media account, or buy a pair of shoes, you are binding yourself to online contractual terms. Courts routinely uphold those terms when a website user is required to click an “I agree” button signifying assent to those terms, and often uphold them,...
