Employers concerned about the enforceability of restrictive covenants can breathe a little easier for now. A Texas federal court has blocked the Federal Trade Commission’s (“FTC’s”) final rule banning non-compete agreements (the “Non-Compete Ban” or “Ban”), which was set to take effect on September 4, 2024. As a result, the Ban will not be implemented ...
On May 25, 2023, Gov. Tim Walz signed new legislation establishing Minnesota’s state-run family and medical leave program (the “Paid Leave Program”), and guaranteeing almost all Minnesota employees the right to paid family and medical leave when they are unable to work due to serious health or caregiving needs (the “Paid Leave Law”). The Paid ...
As discussed in our prior alert concerning the FTC final rule banning non-competes, litigation has threatened the final rule’s enforcement and implementation. Ryan, LLC, the United States Chamber of Commerce, and other related trade organizations (referred to herein as “Plaintiff” and “Plaintiff-Intervenors”) sought an injunction in federal court in the Northern District of Texas, to ...
Several new and revised statutes passed by the Minnesota Legislature significantly impact the rights and responsibilities of employers. Understanding these changes is important in helping employers minimize the risk of litigation and better handle any employment litigation that does occur. These statutory changes affect the following areas: (1) pre-employment drug testing; (2) salary postings; (3) ...
Over a year after it proposed a rule banning virtually all non-compete agreements, the Federal Trade Commission (“FTC”) voted to issue its long-awaited final rule. The final rule is substantially the same as the proposed rule, with a new exception for “senior executive” agreements that were in place before the final rule’s effective date. The ...
Tony Moch, Amber Kraemer, Tom Walker and Trina Sjoberg will be presenting at the Bank Holding Company Association (BHCA) Fall Seminar on October 2, 2023. They will be presenting, “Significant Legal Issues in Bank M&A Deals: Case Studies.” Banks spend significant time on employment, compensation, benefits and staffing matters that arise in any M&A transaction; ...
October 2, 2023
Tom Walker will address the MNCPA’s Audits of Employee Benefit Plans Conference on May 17, 2021, to discuss “The Most Common Retirement Plan Mistakes and How to Fix Them.” With the complexity of plan terms, the multitude of legal requirements and the potential inexperience of personnel, retirement plan mistakes are bound to happen. Review the ...
May 17-18, 2021
Employee Benefits attorney Tom Walker will be serving as a panelist at the CFO Leadership Council session “Creative Compensation: A Discussion on Benefits & Compensation.” Tom and other panelists will discuss effective compensation and benefits strategies to keep business competitive and healthy, taking into account your company’s growth path, industry, and the talent you want ...
Webinar
October 8, 2020
3:30 - 5:15Winthrop & Weinstine Employee Benefits attorney Thomas Walker will present at the Minnesota/Dakotas Chapter of the ESOP Association Chapter Meeting. His session will discuss re-leveraging as a sustainability strategy for ESOP companies, the pros and cons of re-leveraging, other potential alternatives, and the fiduciary issues and mechanics involved in re-leveraging transactions.
June 13, 2019
The Safe Harbor allowed the sharing of U.S.-EU personal data without violating the EU's privacy laws.
On March 21, 2013, Governor Dayton signed a tax bill that impacts Minnesota residents as well as those who reside out-of-state, but own real estate and other assets in Minnesota.
The decision will impact businesses and individuals in the areas of estate planning, tax, employment practices and employee benefits.