A recent decision by the United States Court of Appeals for the Third Circuit in Long v. SEPTA should serve as a reminder that companies which use background checks to screen job applicants must [...]
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Recent amendments to the Pennsylvania Contractor and Subcontractor Payment Act affect virtually all non-public construction contracts entered in the commonwealth on or after October 10, [...]
The Defend Trade Secrets Act of 2016 (the “DTSA”), which created, for the first time, a federal cause of action for trade secret misappropriation, is a little over two years old now. One of the [...]
Many US businesses have avoided addressing compliance with the General Data Protection Regulation (GDPR) which took effect May 25, 2018. This is typically based on erroneous conclusions such as: [...]
Like non-convertible, straight preferred stock, non-convertible, double-dip participating preferred stock has a fixed, accruing dividend and a senior liquidation preference pursuant to which the [...]
The American Arbitration Association has introduced Alternative Fee Arrangements for arbitrators. In lieu of the traditional hourly rate billing, for any two party commercial or construction [...]
Non-convertible, straight preferred stock is the most basic type of preferred stock. It is called “straight” preferred stock because it has a fixed dividend (often 8%) that continues to accrue if [...]
The SEC announced today (Sept. 11, 2018) a pair of enforcement actions, the first of their kind, both in the digital securities or “coin” space. In 2017, the SEC issued its DAO Report, [...]
On September 5, 2018, the Superior Court filed an Opinion in American Express Bank, FSB v. James Martin and Amazing Masonry, LLC, No. 181 EDA 2018 (Pa.Super. filed Sept. 5, 2018) [PDF], [...]
Preferred stock provides flexibility in structuring investments. It can furnish various dividend and participation rights (such as rights to participate with common stock in proceeds from company [...]
