Uber records approximately one million ride requests each week and is now valued at an estimated $18.2 billion. Despite its surging popularity with riders, the company continues to face strong resistance from regulators and traditional taxis over its novel business model, which uses a cell phone application to connect drivers using their personal vehicles with […]
Will Uber Win the Battle of the Taxi or Succumb to Business Regulation?
July 23, 2014
New Jersey may soon be the latest state to “ban the box.” Late last month, the state legislature passed the Opportunity to Compete Act, which would restrict the use of criminal background checks by New Jersey employers. The bill now awaits Gov. Chris Christie’s signature. Six states—Hawaii, California, Connecticut, Massachusetts, Minnesota and New Mexico—have previously […]
NJ “Ban the Box” Bill Headed to Gov. Christie’s Desk
July 22, 2014
Horizon Blue Cross Blue Shield of New Jersey Inc. (Horizon) will alter its business practices and pay $2.5 million in attorney’s fees under the terms of a class action settlement approved in federal court last week. The suit alleged the insurance company under-reimbursed health plan subscribers for out-of-network services in violation of the Employee Retirement […]
ERISA Class Action Settlement Results in Business Reforms (Not Payment)
July 21, 2014
Rengan Rajaratnam will not suffer the same fate as his younger brother, Galleon Group founder Raj Rajaratnam. A federal jury recently cleared him of insider- trading charges. The trial loss brings U.S. Attorney Preet Bharara’s five-year winning streak to an end. He was 81-0 in securing insider-trading convictions over the past four years. Bharara’s high-profile victories include […]
Insider-Trading Streak Ends With Rajaratnam Acquittal
July 17, 2014
In Burwell v. Hobby Lobby, the U.S. Supreme Court struck down the Affordable Care Act’s (ACA) “contraception mandate,” as this applies to “closely held” corporations. Now that the Court has issued its much-anticipated, controversial decision, the debate now rages over how widely it will impact corporate employers. The Contraception Mandate The ACA requires employers with […]
How Will Hobby Lobby Decision Impact New Jersey Businesses?
July 16, 2014
Many Americans have the dream of running their own business. As the economy declined and employment rates dropped in the past few years, it became more common for entrepreneurs to pursue this dream out of necessity and inability to find other employment. New research from the Kauffman Foundation indicates that start-up businesses declined in 2013. […]
The Decline of Entrepreneurs
July 15, 2014
The Family and Medical Leave Act (FMLA) is about to get a modern update. The Department of Labor (DOL) recently announced proposed changes to the definition of “spouse,” which are intended to incorporate the U.S. Supreme Court’s ruling in United States v. Windsor which found the Defense of Marriage Act (DOMA) to be unconstitutional. FMLA […]
Proposed FMLA Rule Incorporates Same-Sex Marriages
July 14, 2014
If you could not quickly locate an important business agreement, you are not alone. But you could be hurting your company’s bottom line. A recent survey highlights that many corporate legal departments are struggling to keep up with contract management. Of the 100 legal technology professionals surveyed by Huron Consulting Group, 57 percent expressed concern […]
Could You Find a Key Contract in Less than 15 Minutes?
July 11, 2014
Under New Jersey’s statute of limitations, workers generally have two years to file an employment lawsuit. However, employers can amend that deadline by contract, as confirmed by a recent decision by the Appellate Division of the New Jersey Superior Court. The Facts of the Case The dispute in Rodriguez v. Raymour Furniture Company, Inc. centers […]
Can New Jersey Employers Set Time Limits for Lawsuits?
July 10, 2014