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Business Litigation
Court Of Appeals Rules On Valuation Of Minority Stock
Guidance on How to Value Minority Stock The Louisiana Third Circuit Court of Appeals recently clarified the valuation method available to minority shareholders who dissent to the valuation of their shares in a short form merger. In Duncan v. Moreno Energy, Inc., Third Circuit, No. CA 09-1033 (3/10/10), the minority shareholders of Moreno Energy Services, […]
- April 20, 2010
- By Allen & Gooch
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Employment Law & Litigation
Activated Reservist Employees Have Job Security
With the ongoing military conflicts in Afghanistan and Iraq, combined with recent natural disasters, American employers have been faced with the call up of many activated reservist employees for military duty. While the loss of those employees may require employers to make workplace adjustments, it is important to recognize that activated service members are afforded […]
- January 28, 2010
- By Allen & Gooch
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Employment Law & Litigation
Allowing Vulgar Language And Behavior In The Workplace Is Bad Business
Courts of Appeal have uniformly noted that legal protections against sexual harassment are not intended to establish a civility code for the workplace. In order to be actionable, sexual harassment must be severe or pervasive enough to alter the terms or conditions of employment, and it must be based on the sex of the employee. […]
- January 28, 2010
- By Allen & Gooch
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Employment Law & Litigation
Employment Law Eases Burden For Employees With Disabilities
Americans With Disabilities Act Protect Employees with Disabilities Since 1990, the Americans with Disabilities Act (ADA) has protected qualified individuals with disabilities from employment discrimination in the workplace. The ADA makes it illegal to discriminate against a qualified individual with a disability because of the disability of such individual in regard to job application procedures, […]
- January 28, 2010
- By Allen & Gooch
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Taxation
Louisiana Eliminates Capital Gains Tax On Sales Of Private Businesses
During the recently completely 2009 Regular Session of the Louisiana Legislature, the legislature passed, and Governor Jindal signed, legislation that excludes capital gains tax from individual state income taxes. The exclusion becomes effective for all taxable periods beginning on or after January 1, 2010, and applies to the sale of privately held companies domiciled in […]
- January 4, 2010
- By Allen & Gooch
