Premium financed life insurance can be a powerful tool for high-net-worth individuals looking to secure large life insurance policies without tying up or liquidating their assets to pay premiums. At its most basic level, premium financed life insurance involves taking out a loan from a lender to cover the cost...
Minnesota’s CROWN Act Prohibits Discrimination Based on Hair Texture and Styles
Minnesota's recent passage of the Creating a Respectful and Open World for Natural Hair (CROWN) Act marks a major victory for anti-discrimination and equality efforts in the workplace.
Employment Severance Agreements get Very Complicated
In recent years it’s been more likely than not that a separating employee (whether voluntary or involuntary) will receive a severance agreement from his or her employer, which contains a general release of legal claims.
Minnesota Legislature Takes Aim at Employment Non-Compete Agreements
In recent years, more and more employers have required their workers to sign non-compete agreements, which forbid the workers from taking new jobs at other companies in the same industry after leaving the old employer.
The Federal Trade Commission Proposes Banning Noncompete Agreements for Workers
On January 5, 2023 the Federal Trade Commission (FTC) proposed a ban on non-compete agreements, which would free up workers to take new jobs with competing companies, or start their own competing businesses, without fear of being sued by their former employers.
Biden Issues Order aimed at business competition, which will limit use of non-compete agreements
On July 9, 2021, President Biden issued a broad executive order designed to increase competition among American businesses, as well raise wages for American workers. The Order titled, “Executive Order on Promoting Competition in the American Economy,” contains over seventy-two different initiatives, and instructs over a dozen federal agencies to...