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Your Options for Settling Disputes with Business Partners
Disputes between business partners can disrupt operations and tarnish relationships. Whether it’s a difference in vision, financial concerns, or operational roadblocks, these conflicts can threaten the very foundation of your company. When these rifts arise, you must address them quickly…
FTC Final Rule on Non-Compete Clauses
On April 23, 2024, the Federal Trade Commission (FTC) voted to finalize a new rule to prohibit employers from enforcing non-compete agreements against workers. The Commission’s Final Rule determined that non-compete agreements are an unfair method of competition and therefore…
The Department of Labor Final Rule on Independent Contractors
This blog revisits a blog post published by The Law Group of Northwest Arkansas on October 26, 2022. The U.S. Department of Labor (DOL) published a notice of proposed rulemaking in late 2022 regarding the Biden administration’s approach to determining…
The Corporate Transparency Act
Companies across the United States should be aware of the Corporate Transparency Act (CTA), a new requirement stemming from the Anti-Money Laundering Act (AMLA) of 2020, aimed at allowing Congress to create measures to help combat money laundering in the…
CFPB’s Final Rule to Implement Section 1071 of the Dodd-Frank Act: How it Could Change Small Business Lending and Reporting
Enforcement of the Final Rule to implement Section 1071 of the Dodd-Frank Act by the Consumer Financial Protection Bureau (“CFPB”) is dependent on the outcome of a case currently pending before the United States Supreme Court (“SCOTUS”). If SCOTUS reverses…
Arkansas Court of Appeals Clarifies Statute of Limitations for the Enforcement of Mortgage Debt
In a big win for creditors on May 31, 2023, in Wilmington Savings Fund Society d/b/a Christiana Trust, Trustee for BCAT 2015-4-BTT v. Milton A. Smith, 2023 Ark. App. 326, the Arkansas Court of Appeals held that: (1) a 1989…
What Employers Should Know About Service Animals?
What Is a Service Animal? The Americans with Disabilities Act (ADA) defines a service animal as a working animal trained to do certain tasks for a person with a disability. The work or task must be directly related to that…
Five New Acts Arkansas Businesses Should be Aware of in 2023
In an ever-changing business landscape, it is critical that business owners and entrepreneurs stay in the know about new legislation that could impact the way businesses are run throughout the state. The Arkansas General Assembly has passed five acts that…
New Car a Lemon? What You Need to Know about Lemon Law in Arkansas
Buying a new vehicle can be an exciting, momentous step to take. Unfortunately, what should be a great experience can be marred by unseen vehicle defects or struggles to keep the vehicle running properly for day-to-day use. The Arkansas New…
Business Succession Plans: What Are They?
One of The Law Group’s most enjoyable services to provide our clients is setting up a business for them, whether it’s an LLC, a corporation, or a partnership. We help our clients create a new business so that they can…