Category: Business Law

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? Currently, no laws in North Carolina require employers to pay their employees who have been prevented from working due to severe weather conditions.

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A Breach of Good Faith

A Breach of Good Faith

Often, the parties involved in contract formation want to “win” and ensure the terms are most favorable to their objectives. Despite the pure competitiveness, North Carolina law implies a duty of good faith and fair dealing for those involved in contract formation. With that understanding, can one party enforce the duty of good fair, and fair dealing on their opposing party?

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Corporate Indemnification

Corporate Indemnification

In North Carolina, 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 when acting within the scope of their employment or on behalf of the corporation.

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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. Here’s more information about the impact and ramifications to you and where to find help.

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The Crown Act

The Crown Act

California became the first state to prohibit discrimination based on a person’s ethnic hair texture or choice of ethnic hairstyle in July 2019. By passing what is now referred to as “The Crown Act,” California followed the unprecedented lead of New York City, in banning natural hair discrimination against braids, cornrows, dreadlocks, Afros, and twists.

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How to Handle Employee Vacation Policies

How to Handle Employee Vacation Policies

Per N.C.G.S.A. § 95-25.12, no employer is obligated to provide paid vacation, but for obvious reasons, it is a hot topic in employee recruitment and retention. The difficulty employers can find themselves in after deciding on a vacation policy is in ensuring that they have been thorough enough to cover all of their bases. 

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