The Corporate Transparency Act (“CTA”), a new federal filing requirement for many business entities, became effective on January 1, 2024. The CTA was enacted as part of the Anti-Money Laundering Act of 2020 to provide Federal and State enforcement agencies with more comprehensive information about small and shell companies to help control money laundering and terrorist financing activities. The database of information provided by the CTA Reports will not be available to the general public but will be accessible by Federal and most states’ criminal and financial law enforcement agencies.Continue Reading Important Notice Regarding the Corporate Transparency Act Filing Requirements
Last October, California Governor Gavin Newsom signed AB 1076 into law and it became effective as of January 1, 2024. AB 1076 was the Legislature’s attempt to codify the California Supreme Court’s 2008 decision, Edwards v. Arthur Anderson LLP, which held that non-compete agreements in the employment context are unenforceable unless they fall within one of the three narrow statutory exceptions dealing primarily with the sale of business interests. AB 1076 makes clear that requiring an employee to enter into a non-compete is unlawful and can subject the employer to penalties of up to $2,500 per violation.Continue Reading Employers Beware: The Deadline to Comply with Notification Requirement of California’s New Non-Compete Law is Rapidly Approaching!
Weintraub Tobin’s 2024 Labor and Employment Seminar and Training schedule is now available.
Specifics and invitations for each seminar/training will be posted on our website approximately one month before the event. Click here to receive email alerts and registration information ahead of each seminar.Continue Reading Now Available! Weintraub Tobin’s 2024 Labor and Employment Seminar and Training Schedule
New legislation coming into effect in 2024 could have CA employers facing greater risks when it comes to using and enforcing non-compete agreements. Ryan Abernethy and Nikki Mahmoudi discuss the enforceability of non-compete agreements in this installment of California Employment News.
Watch this episode on the Weintraub YouTube channel or listen to this
Most California employers have workplace violence and safety policies as part of their Employee Handbooks, but beginning next year, these policies will need to be updated to comply with new, robust requirements. In addition, workplace violence incident logs will need to be maintained, and annual employee training will need to be provided.Continue Reading California Employers Will Need to Create Workplace Violence Prevention Plans By July 2024