On April 11, 2024, the White House Office of Information and Regulatory Affairs (OIRA) announced that it has concluded its review and has approved the Department of Labor’s (DOL) proposed new overtime rule increasing the minimum weekly salary for exempt employees. The DOL’s proposed overtime regulation extends overtime protections to 3.6 million salaried workers who…

Asia – Rimon Law is pleased to announce the arrival of Partner, Troy Doyle based out of Singapore. One of the most decorated restructuring lawyers in Asia, Troy joins the firm from Gibson Dunn & Crutcher LLP, where he was Co-Chair of the firm’s Business and Restructuring and Reorganization Practice Group, and head of the…

For the past four years we all have been dealing with COVID-19 and following the guidance from the Centers for Disease Control and Prevention (CDC) and state protocols on when to quarantine (exposure) and isolate (test positive) regarding COVID-19. On March 1, 2024, the CDC announced it was eliminating its five-day isolation recommendation for individuals…

Effective July 1, 2024, New York City employers must provide a copy of the city’s Workers’ Bill of Rights to ALL existing employees and to new employees upon hire. This notice must also be posted conspicuously at the employer’s place of business in an area accessible to employees. This information can also be shared with…

Abstract:  Elevate your understanding of AI’s role in modern business at this comprehensive one-day conference. The topics covered will include practical examples of using AI for IP management and innovation, real-world stories from startups and established enterprises about the challenges and opportunities presented by AI, and nuanced landscape of AI policy and regulation with focus…

Rimon Partner Jennifer Duffy has been recognized as one of The National Trial Lawyers “Matrimonial and Family – Top 30 Attorneys” in the country. Matrimonial and Family Law – Top 30 is more than just another affiliation of attorneys: The association is composed of top attorneys that have expertise in creating and executing plans to…

Rimon Partner Jennifer Duffy, with contributions from associate Kendra Orr, have compiled a comprehensive summary of the latest updates in California’s labor laws. It is critical that employers understand these changes and how they will impact the workplace. California has enacted several new laws and implemented new rules affecting employers in California. The following is…

AERKOMM Inc., an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp, a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement, and raised US $35 million in a private placement, creating a combined business called AKOM Inc. In addition to its Nasdaq…

Rimon client, OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet”), the leading curator of regulatory-grade Real World Data (“iRWD™”), through its proven OneMedNet iRWD™ solution, today announced that it has entered into a definitive securities purchase agreement as of March 28, 2024 with an institutional investor providing up to $4.54 million in funding through a private placement for…

Wealth and Law is a project of attorney Brent Nelson and guests who share their knowledge in an educational, collaborative, and innovative format, with the goal of improving access to important information for professionals and individuals. Brent Nelson is an established and respected thought leader and estate planning and tax partner at Rimon. Explore the…