Richard Bar, Rachel Amster Non-compete agreements, especially for high earners, remain in use and enforceable in most states despite a recent federal public policy debate which seems to disfavor them. The FTC’s Notice of Proposed Rulemaking earlier this year called into question the durability of certain restrictive covenants, including non-compete agreements. However, expectations about the […]
DOL Seeks Comment on Proposed Rule for Classifying Contractors and Employees The Department of Labor (DOL) is seeking comments regarding a proposed rulemaking that would make it more difficult for corporations and associations to classify some workers as independent contractors. The proposed rule would consider a number of factors in assessing workers’ roles, including whether […]
This year, 2022, may be the last year in which most aircraft acquisitions will qualify for 100% bonus depreciation. In order to qualify for 100% bonus depreciation, used aircraft and some new aircraft will need to be placed in service before the end of this year. Special rules, however, extend the placed-in-service deadline for many […]
The IRS announced in June and October of 2021, in Revenue Ruling 2021-11 and Revenue Ruling 2021-19, respectively, that alternative Standard Industry Fare Level (“SIFL”) rates can be used for the first half and second half of 2021 due to the COVID-19-related impacts on the standard SIFL rates. Generally, when business aircraft are made available […]
On December 9, 2021, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and Department of State’s Directorate of Defense Trade Controls (DDTC) implemented new export control restrictions on Cambodia. These actions come approximately one month after the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Cambodian military […]
On Monday, October 11, 2021, Keith Swirsky will be presenting “Are You Prepared for an IRS Audit?” at the 2021 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, NV. This session covers issues that frequently result in IRS audits (i.e. 100% bonus); a review of real-world audit scenarios; and what common themes/best practices are successful in defending audits. […]
By: Kristine O. Little On August 4, 2021, the Federal Maritime Commission (FMC) opened an expedited inquiry into ocean carrier surcharges. Eight ocean carriers (CMA CGM, Hapag-Lloyd, HMM, Matson, MSC, OOCL, SM Line, and Zim) have been asked to provide the FMC’s Bureau of Enforcement (BOE) with details about congestion or related surcharges that they have […]
GKG Law’s litigation team recently prevailed on behalf of an ocean shipper in a complaint filed with the Federal Maritime Commission (Commission). The Commission affirmed the initial decision of the administrative law judge finding that the defendant, acting as a non-vessel operating common carrier (NVOCC), had violated the Shipping Act of 1984. Litigation began in […]
BIS Adds Antiboycott Interpretation Reflecting United Arab Emirates’ Termination of Israel Boycott On June 9, 2021, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published a final rule adding an Interpretation to the anti-boycott regulations in 15 C.F.R. Part 760 of the Export Administration Regulations (EAR). See 48 Fed Reg 30,535 (June […]
On April 28, members of GKG Law's Trade & Professional Associations team will be running a workshop in conjunction with Association TRENDS. The half-day workshop, Navigating Key Legal Issues of Hybrid & In-Person Events Post-COVID, will be led by practice group leader Rich Bar, and principals Katie Meyer and Oliver Krischik, and will feature two separate open forum sessions from […]