While the cliché, "You only get one chance to make a first impression," rings true in the social context, the phrase is also true in the business world where the stakes can be much higher. If you are applying for a bank loan, seeking capital from equity...
PLDO Law Blog
Pannone Lopes Devereaux West LLC
Considerations for Distressed Companies in a Down Economy
With the current state of the economy, some businesses have been more adversely affected than others. Typically, there are fewer options in financing debt for distressed companies. In his latest business advisory, PLDO Partner and business attorney Bill Miller,...
Social Media Issues in the Workplace: Key Risks and Trends
Perhaps no greater transformative change has occurred in workplace communications than with the advent and use of social media. The burden falls to employers to stay informed and up-to-date on current trends regarding social media issues for their businesses and their...
Water Utility Best Practices Guide to Better Manage Claims and Avoid Legal Issues
It's nearly impossible to control the damages to the environment and water systems that can be caused by natural disasters like Hurricane Katrina, Tropical Storm Sandy or the flooding that occurred in the State of Colorado last year. Infrastructure failures may also...
GOVERNOR MCKEE MAKES LONG-AWAITED ANNOUNCEMENT OF RHODE ISLAND CANNABIS CONTROL COMMISSION NOMINATIONS
After much anticipation, Rhode Island Governor Daniel McKee made a move critical to advancing the state’s cannabis legalization efforts by naming his appointments to the new Cannabis Control Commission (“CCC”). The announcement of Kimberly Ahern, the Governor’s...
FIRST CIRCUIT EXPLAINS FLSA OVERTIME REQUIREMENTS FOR ADMINISTRATIVE EMPLOYEES
It is well settled that the Fair Labor Standards Act (“FLSA”) requires employers to pay certain employees overtime pay at one and one-half times the employees’ regular rate. 29 U.S.C.S. §207(a). However, certain employees are exempt from this overtime requirement,...
EXECUTING A CAREFULLY DRAFTED CONFIDENTIALITY AGREEMENT IN AN M&A TRANSACTION
The execution of a confidentiality agreement - or what is also referred to as non-disclosure agreement (NDA) - is typically the first official stage of any merger or acquisition. Prior to this stage, a general discussion may have already occurred, and relevant...
THE IMPORTANCE OF CONDITIONS PRECEDENT IN LICENSING, PERMITTING AND PURCHASE AGREEMENTS
A condition precedent is a condition in a contract that must occur before another party is required to perform. In purchase and sale agreements, there are often several conditions precedent that must be satisfied before a party is required to close. Particularly, in...
REMOTE WORKERS IN RHODE ISLAND: STATE REGS MAY CREATE PERSONAL JURISDICTION IN RHODE ISLAND COURTS
The United States District Court for the District of Rhode Island recently held that it had personal jurisdiction over an out-of-state employer, despite the fact that the employer only had one remote employee who worked in Rhode Island. That employee—who was also the...
