On Thursday, November 21, 2019, Joe Cooch will be moderating the American Subcontractors Association of the Shenandoah Valley’s “General Contractors' Roundtable,” a biennial meeting of commercial contractors and subcontractors which includes discussion of key business and legal challenges and opportunities for participants in the construction industry across the Shenandoah Valley and beyond.
Mac Nichols will be a presenting a seminar for real estate investors and other professionals on November 19th at the Omni Charlottesville Hotel at 5 PM regarding the benefits and logistics of using 1031 tax-deferred exchange for investment or business real estate. Mac assists clients in these transactions which defer capital gains tax on the sale of real estate if other real estate is purchased as a replacement property.
Flora Pettit is proud to sponsor the Charlottesville Regional Chamber of Commerce’s Annual Dinner on November 14, 2019. It is a tremendous opportunity to see Flora Pettit clients and the thriving business community the firm supports with its responsive and expansive business law and litigation practice.
Flora Pettit values its involvement in the Charlottesville Business Innovation Council (CBIC) and the work they are doing to accelerate technology innovation and entrepreneurship in the region. Flora Pettit’s sponsorship of CBIC Tech Night Take Over on November 13, 2019, regarding Data Science and how this emerging industry has and will impact the greater Charlottesville area, meshes well with Flora Pettit’s experience and expertise in areas such as Intellectual Property law, Cyber-Security and Data Breaches and HIPAA and privacy law compliance.
On September 24, 2019, the U.S. Department of Labor published final rules that raise the minimum salary threshold for the administrative, executive and professional overtime exemptions to $35,568 (or $684 per week) effective January 1, 2020. While this minimum salary threshold is better for businesses and non-profits than the $47,476 annually (or $913 per week) proposed by the Obama Administration, the new final regulations will still have a significant impact on businesses and non-profits in our area.
Cathy Welsh of Flora Pettit will educate Chamber members on the final rules, how to best implement them, what to do with employees who fall below the threshold, and what else is expected from the DOL.
Jennifer Shirkey will provide a litigation update for plan fiduciaries from an ERISA perspective on October 16, 2019 at the Actuarial Benefits & Design 29th Annual Client Symposium in Midlothian, Virginia.
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