The London Interbank Offered Rate ("LIBOR") is a nearly 50-year old global borrowing benchmark which underpins more than $350 trillion of financial products. LIBOR is based on daily submissions from a panel of banks estimating the interest […]
The Motor Carrier Act of 1980 (“the Act”) placed a number of requirements on interstate motor carriers. One requirement involved proof of financial responsibility. The Act states that no motor carrier shall operate a motor vehicle unless […]
Tip pooling in the hospitality industry has long been a method of increasing pay to certain employees and to allow the employer to pay lower "wages" than would otherwise be required. Under the Fair Labor Standards Act ("FLSA" […]
During the Obama administration, the trucking industry experienced a significant increase in safety regulations. The Trump administration is actively seeking to roll back many of these regulations in an industry that has complained of over-regulation […]
This month, President Trump nominated Raymond Martinez to lead the Federal Motor Carrier Safety Administration (“FMCSA”). Martinez currently serves as the New Jersey Motor Vehicle Commission chief and has previously led the New York Commission […]
In this week's episode of the firm's energy law podcast, labor and employment partner AJ Johnson is featured in the second installment of a six-part series with guest speakers from Kane Russell Coleman Logan PC on a variety of key and […]
At the end of the year, I like to take stock—in summary form—of the leading decisions impacting the energy industry. Historically, this has been for my own personal reference, or something I share inside our firm with my partners. Since this crib […]
On December 14, 2017, the Corpus Christi Court of Appeals decided Haywood WI Units, Ltd. v. B&S Dunagan Investments, Ltd., et al., a long-running dispute over the ownership of minerals in Liberty County. The decision addresses mineral deed […]
On Tuesday, tech giant Microsoft threw its support behind the bipartisan Ending Forced Arbitration of Sexual Harassment Act (“EFASHA”), which was introduced in both the House and Senate earlier this month. If EFASHA is enacted, it will […]
Since 1938, commercial truckers have been required to log their duty logs. Until recently logging has been done on paper logs. However, in December 2015, the Federal Motor Carrier Safety Administration (FMCSA) passed a new regulation[1] that […]
It started with Harvey. And it hasn’t slowed down. The fallout has been wide-ranging, from execs in Hollywood to politicians in DC. Kevin Spacey, Charlie Rose, John Conyers, and Matt Lauer are just a few of the individuals who have […]
In this special episode of the firm's energy law podcast, KRCL Director Bruce Flowers is featured in the first installment of a six-part series with guest speakers on a variety of key and emerging legal issues impacting the oil-and-gas […]