In Australia, it’s estimated that around 15,000 people may live in conditions of modern slavery, forced labour, wage exploitation, human trafficking or debt bondage.1 The introduction of the Modern Slavery Act 2018 (Cth), which commenced on 1 January 2019, aims to minimise modern slavery practices in the Australian market by requiring large businesses to report on modern slavery risks in their operations and supply chains, and actions taken to address these risks.
Monthly Archives: July 2019
The countdown is on: less than 12 months to go for large companies to prepare modern slavery statements
The U.S. Department of Labor’s Wage and Hour Division (“WHD”) has issued an opinion letter addressing the compensability of a long-haul truck driver time in a truck’s sleeper berth during multi-day trips. While this question is highly fact-specific, the WHD’s response offers a useful refresher on the widely applicable Fair Labor Standards Act (“FLSA”) concepts of compensability of waiting, sleeping, and traveling time.
Royal Oak-based law firm Howard & Howard is pleased to announce that Bill Blancke and Paxton A. Fleming have joined the Firm. They will practice out of the Royal Oak, Michigan and Las Vegas, Nevada offices, respectively.
Debt deductions under the thin capitalisation rules
On 17 July 2019, the Commissioner of Taxation (Commissioner) released Taxation Determination (TD) 2019/12, which clarifies what types of costs are considered to be debt deductions within the scope of Australia’s thin capitalisation regime.
Today, I’m bringing you a guest post from Dina Eisenberg, lawyer turned award-winning entrepreneur and Founder of OutsourceEasier.com. She’s talking about a law practice management topic that doesn’t get much attention – onboarding new lawyers to your firm. We tend to think long and hard about what it means to bring in a lateral, and do an extensive amount of work to bring them in, but what happens once they arrive? Do you have the right systems in place to bring them up to speed and ensure their success? What about associates, or other law firm professionals? See what Dina has to say.
A mortgage-backed loan by a non-bank lender was recently set aside by the Supreme Court of Victoria.
Significant reputational damage is not the only issue companies should be aware of in cases of erroneously underpaying staff, as discovered by MAdE Establishment (MADE) after entering into a Court-Enforceable Undertaking (EU) with the Fair Work Ombudsman (FWO) last week.
Vague, incomplete and ambiguous valuation clauses in shareholders agreements are traps for the unwary and create unintended consequences.
Davis Malm is pleased to unveil a new brand and website to represent the firm’s approach to servicing clients efficiently and creatively, and with the agility necessary to handle any issue. The rebranding coincides with Davis Malm’s 40th anniversary, which the firm celebrated on May 1, 2019.