Blogs

After the FTC issued a final rule banning non-compete agreements nationwide, businesses must be mindful of the impacts that this rule has on their future agreements with employees. While we commented on the impacts of the rule on employers and employees in this blog post, this article breaks down the differences between a non-compete agreement …

The new Retirement Security Rule marks a pivotal shift in the regulation of financial advice provided to retirement investors. This rule redefines who qualifies as an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA), ensuring that financial advisers adhere to stringent standards of care and loyalty. For clients of financial advisors, particularly …

What happens when you rely on a financial or investment advisor to manage your investments only to find that they failed to act in your best interests and protect your money? You may have a legal remedy available to you under securities law. Certain relationships require an individual or entity to protect the interests of …

Most business organization statutes including those for corporations, limited liability companies, and limited partnerships provide remedies for oppressed shareholders or partners. Statutes generally are phrased in terms of the power of the courts to dissolve a corporation or limited liability company when the Court finds that those in control of the corporation have acted illegally, …

What happens when the personal representative of a will acts in their own interests rather than the best interests of the deceased? Similarly, what if a corporate officer engages in self-dealing rather than acting in the best interests of the corporation? Both are examples of a breach of fiduciary duty. In South Carolina, there are …