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Schulte Roth & Zabel LLP

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Update on the New Federal Overtime Regulations and the New York Minimum Wage

USA - May 27 2016 On May 18, 2016, the U.S. Department of Labor (“DOL”) announced the DOL’s final rule extending coverage of overtime pay under the federal Fair Labor

Texas Court Blocks New Federal Overtime Rule

USA - November 23 2016 On Nov. 22, 2016, Judge Amos L. Mazzant III of the U.S. District Court for the Eastern District of Texas issued a preliminary injunction temporarily

Short slates, majority slates and full slates: strategic and voting considerations

USA - April 15 2008 The ultimate threat available to an activist who seeks to cause a company to take actions it advocates for maximizing shareholder value is obtaining representation on the board through which the activist can advocate, or effectuate, change from within

Third Circuit Enforces Post-Acceleration Make-Whole Premium

USA - November 18 2016 The U.S. Court of Appeals for the Third Circuit held on Nov. 17, 2016 that a debtor’s refinancing of its first and second lien notes during its

Update for Schools on the New Final Overtime Rule

USA - June 8 2016 The Fair Labor Standards Act ("FLSA") is the federal wage and hour law that generally requires employers to pay overtime (at time-and-one-half of

Split Ninth Circuit Requires Default Interest to Cure Default

USA - December 2 2016 A Chapter 11 debtor “cannot nullify a preexisting obligation in a loan agreement to pay post-default interest solely by proposing a cure,” held a

Texas Court Blocks New Federal Overtime Rule

USA - November 23 2016 On Nov. 22, 2016, Judge Amos L. Mazzant III of the U.S. District Court for the Eastern District of Texas issued a preliminary injunction temporarily

Third Circuit Enforces Post-Acceleration Make-Whole Premium

USA - November 18 2016 The U.S. Court of Appeals for the Third Circuit held on Nov. 17, 2016 that a debtor’s refinancing of its first and second lien notes during its

Second Circuit Affirms Denial of Arbitration in Bankruptcy Priority Fight

USA - November 2 2016 “The bankruptcy court did not abuse its discretion in denying the debtor’s former employees’ motion to compel arbitration” when the dispute

FinCEN Issues Suspicious Activity Report Guidance Concerning Cybersecurity

USA - November 1 2016 On Oct. 25, 2016, in the wake of other recent regulatory action on the subject of cybersecurity, the Financial Crimes Enforcement Network (“FinCEN”