December Ruling On MLA Impacts Dealership Lending Practices On December 14, 2017, the Department of Defense (“DOD”) issued a ruling on the Military Lending Act (“MLA”) that will affect dealership financing of a vehicle on all loan transactions entered into since October 3, 2016. The MLA imposes a series of duties and restrictions on creditors […]
In May of 2016, the Department of Labor (“DOL”) issued a final rule on overtime regulations under the Fair Labor Standards Act (“FLSA”). The final rule was to go into effect on December 1, 2016. The rule effectively doubled the salary threshold employees must make to be eligible for an exemption from the overtime requirements […]
On May 18, 2016, the Department of Labor (“DOL”) issued its final rule on the overtime requirements under the Fair Labor Standards Act (“FLSA”). The final rule will be effective December 1, 2016. Generally, both Federal and Indiana law entitle employees to be paid time and a half for all hours worked over 40 in […]