News & Analysis as of

Executive Compensation Texas

Cooley LLP

Reincorporation Considerations for Late-Stage Private and Pre-IPO Companies

Cooley LLP on

Introduction - Companies thinking about, preparing for or going through the initial public offering (IPO) process have many things to do and many decisions to make (to put it mildly!). A relatively recent addition to this...more

McCarter & English, LLP

US Department of Labor’s Salary Threshold Hike for “White Collar” Overtime Exemptions Struck Down by Court

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On Friday, November 15, 2024, in Texas v U.S. Department of Labor, a federal district court vacated the US Department of Labor’s (DOL) April 2024 final rule that increased the salary thresholds for the executive,...more

Fox Rothschild LLP

Texas District Court Vacates DOL Overtime Rule

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The U.S. District Court for the Eastern District of Texas, in State of Texas, et al. v. United States Department of Labor, et al. vacated the latest overtime rule by the Department of Labor (DOL) on November 15, 2024. The...more

Fox Rothschild LLP

Texas District Court Vacates Increases to Salary Threshold for Overtime Exemptions

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The U.S. District Court for the Eastern District of Texas recently vacated the U.S. Department of Labor’s (DOL) regulations issued in April 2024 that increase the salary threshold necessary to satisfy the Executive,...more

Porter Hedges LLP

UPDATE: State of Texas and Business Groups Succeed in Vacating DOL’s Final Rule Increasing Compensation Thresholds for Exempt...

Porter Hedges LLP on

As we reported earlier this year, the Department of Labor (“DOL”) issued a final rule on April 23, 2024 (the “Final Rule”), raising the salary threshold for the so-called “White-Collar” Exemptions and the Highly Compensated...more

Jackson Lewis P.C.

A Reprieve for Employers: Texas Court Vacates DOL Rule Increasing Salary Level for Exempt Employees

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In a highly anticipated decision, a federal district court in Texas has vacated the Department of Labor’s (DOL’s) 2024 Final Rule increasing the salary threshold for application of the executive, administrative, and...more

UB Greensfelder LLP

State of Texas (and only Texas) Hits a Home Run With District Court Limited Ruling Enjoining New Department of Labor Rule...

UB Greensfelder LLP on

Major League Baseball Hall of Fame Manager Earl Weaver managed his way to 1,480 wins. When asked how, Mr. Weaver cut to the chase: “The key to winning baseball games is pitching, fundamentals, and three-run homers.” While...more

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