Beginning Monday, March 26, the Supreme Court will begin hearing oral arguments on the Patient Protection and Affordable Care Act. The Supreme Court will hear 6 hours of oral arguments spread out over three days, which is unprecedented in the last half century. Signed into law by President Obama nearly
A limited liability company (LLC) is a business structure that incorporates the benefits of both a partnership (or sole-proprietorship) and a corporation. Specifically, like a corporation, an LLC protects business owners against personal liability to satisfy business debts. An LLC, however, also provides the benefits of pass through taxation that
For most employees, the answer is yes—generally under federal law you should be paid time and a half if you work more than 40 hours in a week. The federally required labor standards and overtime provisions are contained in the Fair Labor Standards Act (FLSA). Unless exempted, FLSA requires that
Jeremy Lin at least thinks so. In the course of over one week, Jeremy Lin transformed from a bench warmer to the most exciting basketball player in the NBA. In just a few games, Jeremy Lin went from sleeping on his brother’s couch with an uncertain future with the New
When signing up for a two year contract with your cell phone company, do you ever wonder what all that small print actually says? Most people will take a moment to pause to think that they actually should read the small print before signing the agreement, but given the dense
Large internet company, LightSquared, has been seeking to establish a nationwide 4G network to provide wholesale network capacity to wireless communication service providers, cable operators, device manufacturers, and content providers. However, the FCC ruled last week that LightSquared would not be able to move ahead with the commercial network it had proposed, based on the FCC’s
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