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...
Top 5 Mistakes to Avoid in Premium Financed Life Insurance
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...
Essential Role of eDiscovery in Modern Litigation
The litigation attorneys at Parker Daniels Kibort have extensive experience and winning strategies in managing eDiscovery. Our team has achieved case victories regarding eDiscovery, including adverse jury instructions and orders granting our motions to compel.
New Independent Contractor Rules
Workers who perform services for companies are legally considered “employees” of those companies, with all the accompanying benefits and legal protections. Many companies, however, have traditionally classified their workers as “independent contractors,” and thus avoided giving those workers such benefits as retirement, unemployment compensation and workers’ compensation, and even social...
New Employment Laws Effective August 1, 2024
The 2024 legislature passed a large number of laws affecting employment, some of which are becoming effective now. In particular, the Minnesota Paid Family and Medical Leave Act, which will not become fully effective until January 1, 2026, has been partially implemented now.
Administrative Agencies Cut Down to Size
Clients who regularly do business with administrative agencies should be aware that the regulatory landscape is changing. The Supreme Court has ruled, in two different cases, that the powers of the federal administrative agencies are more limited than had previously been assumed.
Understanding Premium Financed Life Insurance: Opportunities, Risks, and Legal Considerations
Private placement offerings represent a vital avenue for businesses in Minnesota to raise capital without the regulatory complexities of public offerings. However, navigating the legal intricacies of these transactions is crucial to ensure compliance and avoid potential pitfalls.
Navigating the Legal Landscape of Private Placement Offering in Minnesota: Key Considerations and Potential Pitfalls
Private placement offerings represent a vital avenue for businesses in Minnesota to raise capital without the regulatory complexities of public offerings. However, navigating the legal intricacies of these transactions is crucial to ensure compliance and avoid potential pitfalls.
U.S. Department of Health and Human Services Issues Final Rule to Support Reproductive Health Care Privacy Under HIPAA
On Monday, April 22nd, the U.S. Department of Health and Human Services released a final rule, entitled the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule to Support Reproductive Health Care.
Federal Trade Commission Bans Noncompetes For Nearly All Workers
On Tuesday, April 23rd, the Federal Trade Commission (FTC) issued a final rule banning workplace non-competes nationwide. The rule defines non-competes to include a term or condition of employment that prohibits workers from, penalizes workers for, or functions to prevent a worker from (1) seeking or accepting work in the...