TITLE

Successor Liability under the FLSA

AUTHOR(S)
FERDINANDS, PAUL; DUTSON, JEFFREY R.
PUB. DATE
June 2013
SOURCE
ABI Journal;Jun2013, Vol. 32 Issue 5, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses an inquiry over the efficacy of an asset-purchase agreement provision concerning the purchase and/or succession of a financially distressed business. It refers to the court case, Teed v. Thomas and Betts Power Solutions LLC, wherein a purchaser is subjected to successor liability for claims under the Fair Labor Standards Act (FLSA). Moreover, The Seventh Circuit concluded that federal standards applies to claims arising from labor relations and/or employment violations.
ACCESSION #
88012874

 

Related Articles

  • Seventh Circuit Affirms Imposition of Successor Liability for FLSA Claims.  // Venulex Legal Summaries;2013 Q2, p1 

    The article discusses the case Teed v. Thomas & Betts Power Solutions, LLC dealing with successor liability for claims arising under the Fair Labor Standards Act (FLSA), which was affirmed by the U.S. Court of Appeals for the Seventh Circuit. Thomas & Betts is presented to have purchased the JT...

  • The Reasoning behind a "Good Reason" Standard: The Seventh Circuit's Analysis of Successor Liability in Teed v. Thomas & Betts Power Solutions, L.L.C. Long, James // Boston College Law Review;2014 E. Supp., Vol. 55 Issue 6, preceding p169 

    On January 9, 2013, the U.S. Court of Appeals for the Seventh Circuit held in Teed v. Thomas & Betts Power Solutions, L.L.C. that a federal common law standard for successor liability applies to claims arising under the Fair Labor Standards Act. In doing so, the court established a new, broader...

  • legal news for supervisors.  // Legal Alert for Supervisors;8/24/2012, Vol. 8 Issue 175, p3 

    The article offers news briefs related to employment legalities in the U.S. including the number of records of the U.S. Fair Labor Standards Act of 1938 complaints, the termination of an employee due to his violent comments on Facebook, and the resignation of a worker and files for unemployment.

  • Compliance initiative for L.A., San Francisco restaurants.  // HR Specialist: California Employment Law;Oct2012, Vol. 6 Issue 10, p5 

    The article offers information on the enforcement and education initiative of the U.S. Department of Labor that targets restaurants in Los Angeles and San Francisco in California to ensure that they comply with Fair Labor Standards Act (FLSA).

  • Employment Law and Litigation. Heyser, Marlene // TortSource;Spring2011, Vol. 13 Issue 3, p1 

    An introduction is presented in which the editor discusses various articles within the issue on topics like the U.S. Equal Employment Opportunity Commission (EEOC) regulations for the implementation of the Genetic Information Nondiscrimination Act, the effect of the provisions of the Fair Labor...

  • Update in works for FLSA computer professional exemption.  // HR Specialist: California Employment Law;Jan2012, Vol. 6 Issue 1, p5 

    The article reports on the decision of a bipartisan group of U.S. senators to update the definition for computer professionals under the Fair Labor Standards Act (FLSA).

  • DOL says home-based texters were employees.  // HR Specialist: Pennsylvania Employment Law;Apr2013, Vol. 8 Issue 4, p5 

    The article reports on the move of Bethlehem, Pennsylvania-based directory assistance provider KGB USA Inc. to pay $1.3 million as a settlementy of charges against in violation of the U.S. Fair Labor Standards Act of 1938 when it misclassified 14,568 workers as independent contractors.

  • Rx for Rite-Aid: Pay $21 million settlement.  // HR Specialist: Pennsylvania Employment Law;Apr2013, Vol. 8 Issue 4, p5 

    The article reports on the $21 million charges that will be paid by Camp Hill-based pharmacy chain Rite-Aid Corp. in settlement for its alleged erroneous classification of assistant managers as exempted from overtime requirements under the U.S. Fair Labor Standards Act of 1938 (FLSA).

  • Eateries: U.S. labor regulations a recipe for trouble. Fraser, Kalen // Northern Colorado Business Report;2/7/2014, Vol. 19 Issue 11, p13 

    The article focuses on the U.S. Department of Labor investigations on restaurants for maintaining the Fair Labor Standards Act which establishes minimum wage, overtime pay child labor, and mentions way to stay out of trouble including pay for overtime, tip pools, and deductions from pay.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics