• Corporate Transparency Act and Beneficial Ownership Information Report on Hold Again

    On December 26, 2024, a panel of the Fifth Circuit Court of Appeals vacated an order issued by a separate panel of the Fifth Circuit Court of Appeals on December [...]

  • Federal Court Issues Preliminary Injunction Regarding Enforcement of Corporate Transparency Act

    On December 3, 2024, the US District Court for the Eastern District of Texas, in Texas Top Cop Shop, Inc. v. Garland, No. 4:24-CV-478, issued a preliminary injunction enjoining the [...]

  • Updates to Department of Labor Exempt Salary Status Threshold under the Fair Labor Standards Act

    Pursuant to a final rule issued by the United States Department of Labor (“DOL”) on April 26, 2024, specific changes regarding minimum wage and overtime exemptions under the Fair Labor [...]

  • FTC Issues Rule Banning Non-Competes Nationwide – Now Subject to Pending Challenge in Lawsuit

    On April 23, 2024, the Federal Trade Commission (“FTC”) issued a final rule prohibiting specific non-competition clauses (the “Rule”), which is located here. The Rule goes into effect September 4, [...]

  • What Makes an Independent Contractor?

    The United States Department of Labor (the “Department”) has published a final rule regarding the analysis of who constitutes an employee or independent contractor under the Fair Labor Standards Act [...]

  • “Corporate Transparency Act: What Companies Need to Know and How to Comply”

    Effective January 1, 2024, the Corporate Transparency Act and its corresponding regulations (the “CTA”) requires certain entities created or registered to do business in the United States to disclose certain [...]

  • Department of Labor Proposed Changes to Exempt Salary Status Threshold

    On August 30, 2023, the United States Department of Labor (the “DOL”) announced a notice of proposed rulemaking to increase the minimum salary requirements for executive, administrative, and professional workers [...]

  • Declaration of Dissolution for Nebraska Limited Liability Companies and Nonprofit Corporations

    In odd-numbered years, Nebraska limited liability companies and nonprofit corporations are required to file Biennial Reports with the Nebraska Secretary of State. If you have not filed the Biennial Report [...]

  • 2023-2024 Biennial Report for Nebraska Limited Liability Companies and Nonprofit Corporations

    If you would like assistance filing your Biennial Report or if your company is inactive due to a failure to file a previous Biennial Report, the attorneys at Erickson Sederstrom can assist you with bringing your company into compliance with the Nebraska Secretary of State.

  • 2022-2023 Occupation Tax Report

    The 2022-2023 Occupation Tax Reports (“OTRs”) are now due for all domestic and foreign Nebraska corporations. OTRs are biennial reports that must be filed with the Nebraska Secretary of State [...]