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Revisiting the CFPB’s Final Rule to Implement Section 1071 of The Dodd-Frank Act: How It Could Change Small Business Lending and Reporting – Part II
Due to an injunction imposed by the United States District Court for the Southern District of Texas, nationwide enforcement of the Final Rule to implement Section 1071 of the Dodd-Frank Act was dependent on the outcome of a case pending…
Federal Court Blocks FTC Final Rule on Non-Compete Clauses
This blog revisits a blog post published by The Law Group of Northwest Arkansas on July 11, 2024. Earlier this year, the Federal Trade Commission (FTC) voted to finalize a new rule to prohibit employers from enforcing non-compete agreements against…
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 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…
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…
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…
Mediation vs. Trial
Mediation and trial are two processes available for resolving a pending lawsuit. In certain situations, mediation may be available as an option to resolve a dispute before a lawsuit is filed. More commonly, mediation is an alternative to continuing on…
Ready to Start Your Small Business? Here’s What You Should Know.
You have a big idea for a new business, but what comes next? Taking the leap to start a new business can be daunting, and there are several important steps to take and decisions to make that can impact your…