Insights

SFBBG Scores Court Victory for Health Club

SFBBG notched a win for Bally Total Fitness Corporation when, following a trial last week in Milwaukee Circuit Court, the Court found Bally not liable for a retinal detachment injury suffered by a member during a Tae Kwon Do sparring class at a Bally health club.

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Federal Judge Rejects U.S. Department of Labor’s New Regulation to Expand Employee Eligibility for Overtime Pay

Employers throughout the country had a little extra to be thankful for this past Thanksgiving.  On Tuesday, a federal district court issued a nationwide injunction preventing the U.S. Department of Labor (the “DOL”) from implementing a new federal regulation designed to expand the number of employees eligible for overtime pay under the Fair Labor Standards Act.

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Selling a Company to its Employees

Business owners planning for retirement generally contemplate either the sale of the business to a third party or a transferof ownership to family members,   but another option may be  to sell the business to company employees.  There are several techniques and issues to consider when planning this type of sale. 

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