Non-compete Agreements Face Competition

Non-compete Agreements Face Competition

  The action of including a noncompete clause or a standalone noncompete agreement for employees has been a commonplace option for many years – like since the Middle Ages kind of years! Therefore, noncompete agreements have truly been prevalent throughout United...
A Thunderstruck Wallet

A Thunderstruck Wallet

Have you ever felt annoyed by nasty thunderstorms, snowstorms, or bad weather that impact your day? How would you feel if those storms stopped you from getting to work and resulted in a smaller paycheck? If you are an hourly employee working in North Carolina for an...
A Breach of Good Faith

A Breach of Good Faith

Finalizing a contract, especially a complex one, can often require completing numerous challenges. Whether it’s accomplishing dense paperwork, negotiating an agreeable price, or establishing responsibilities, the details within a contract are important and can...
Corporate Indemnification

Corporate Indemnification

In North Carolina, pursuant to General Statutes Chapter 55 Part 8, corporations can indemnify their directors, officers, employees, and agents. Indemnification is an agreement between the corporation and its employee to limit the personal liability of the employee...
Proposed Rules on Classifying Employees

Proposed Rules on Classifying Employees

The Department of Labor has announced new rules it is presenting for proposed rulemaking related to what is an employee and what is an independent contractor. These are simply rules that are published as not final but meant for comment from the public about their...
The Inflation Reduction Act 2022

The Inflation Reduction Act 2022

On August 16, 2022, the Inflation Reduction Act was signed into law and allocated $80 billion to fund the Internal Revenue Service (IRS) over the next 10 years. With the new funding, the IRS announced plans to hire an estimated 87,000 new employees over the same...