Employee...or Independent Contractor? Many logistics companies "engage" individuals to work for them, classifying them as independent contractors rather than employees.
The nuanced distinctions between employees and independent contractors matter greatly, and recent court opinions and legislative actions have challenged these classifications. In the event misclassification is determined, employers may be liable for back wages like unpaid overtime, business-related expenses, and benefits dating back a number of years. Logisyn and Benesch have collaborated to tackle this topic to make sure you have the tools you need to prepare for a future M&A event.
If the acquisition is a sale of stock...
Then the buyer will take on the liability for the misclassification even though it occurred before the acquisition. However, the purchase agreement will provide for the seller to indemnify the buyer for such liabilities, so they have a shared...
ANKARA — US President Donald Trump made a series of “false” and “uncorroborated” claims about the Iran conflict and his foreign policy record during a recent press conference, according to a fact ...