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Advisor - What the cake doesn't say

The United States Supreme Court recently issued a ruling in Masterpiece Cakeshop v. Colorado Civil Rights Commission (Masterpiece Cake), in which the Court reversed a holding of that Colorado agency. Despite hyperbole on both sides, Masterpiece Cake does not represent a departure from current law. That law, however, is far from consistent. This article explains what the Court’s holding means for our clients.

REIT Settles Investor Case for $73M

While this sounds like a fairly conventional shareholder securities, case, what sets it apart is is that the defendant is a real estate investment trust. Such trusts, while occasionally traded publicly, are often not considered targets of shareholder suits. As is represented in this case, this belief is short sighted. There are no exemptions in the federal or state securities law for real estate trusts.

Tag(s): Management Liability;

Advisor - Supreme Court Upholds Mandated Arbitration & Prohibition of Collective Action in Employment Agreements

The Supreme Court has ruled in Epic Systems Corp. v. Lewis1 that arbitration agreements requiring individualized proceedings are enforceable and the implications on class or collective actions by employees are not in violation of the National Labor Relations Act’s (NLRA) phrasing relating to “other concerted activity.” This article analyzes the ruling and its implications for our clients.

Tag(s): Advisor; Newsletter;