Federal agencies now have the authority to interpret their own rules.
On March 9, 2015, in Perez v. Mortgage Bankers Ass’n, No. 13-1041, slip op. (U.S. Mar. 9, 2015), the United States Supreme Court effectively gave...more
3/18/2015
/ Administrative Exemption ,
Administrative Procedure Act ,
Banks ,
Department of Labor (DOL) ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Interpretive Rule ,
Mortgage Loan Officer ,
Notice and Comment ,
Over-Time ,
Paralyzed Veterans Doctrine ,
Perez v Mortage Bankers Assoc ,
Rulemaking Process ,
SCOTUS
A wave of FLSA collective (class) actions have been filed against scores of marine shipping and towing companies in the Gulf States for violation of the FLSA. Specifically, these suits claim that the commonly used “day-rate”...more