White Collar Wage Wars

There has been an exponential boom in the amount of cases being filed against corporations.  In 2006 and 2007, the likes of Citigroup, UPS, IBM, Sony, and Carnival Cruise Lines paid out over $260 million in settlements for unpaid overtime cases.  While overtime lawsuits are not new, multi-million dollar settlements have been in the past […]

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Buyers Beware: Seventh Circuit Holds Asset Purchaser Liable for Target Company’s Fair Labor Standards Act Violations under Successor-in-Interest Liability

In the world of mergers and acquisition law, corporations and their attorneys have long used asset purchases to avoid a target company’s unsavory liabilities. The strategy is relatively straight-forward: by purchasing the target’s assets only, the buyer typically avoids the target’s liabilities, which the buyer would otherwise have to assume in a merger or stock […]

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