Las dificultades de Liberty Puerto Rico: una píldora difícil de tragar tras la adquisición de AT&T
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Commercial Arbitration Commercial arbitration in Puerto Rico is generally based in contractual law. This implies that Arbitration agreements in Puerto Rico are constructed as contracts and agreements that allow parties to structure how to manage their contractual disputes using arbitrators functioning under specifically delegated powers. It is a widely used and preferred method of conflict resolution promoted by a strong national policy and enforced by federal and state laws. Leveraging the benefits of privacy, efficiency…
There is ongoing debate for decades as to how to improve the relationship between shareholders, directors and the long-term objectives of a company. Many obstacles are on the way for numerous factors including the broad spectrum of investor composition that share ownership of a company These include individual, day-traders, institutional investors, pension and hedge funds, and others. Each has its own objectives and agenda, that may conflict with other shareholders and with the long-term viability of the company. Some are looking for a quick buck. Other seek long-term growth. Each objective requires different management approaches.
For employees covered under the FLSA, normal working hours should be no more than eight hours perday or forty hours per week. Employees who work in excess of normal hours are entitled to time-and-a-half wages.163 Employees covered by the FLSA are: any individual engaged in commerce or in the production of goods for commerce164, or an individual employed by a public agency165. Excluded from this Act are individuals employed by an employer engaged in agriculture…
The federal Fair Labor Standards Act’s minimum wage – $7.25/hour – applies to businesses operating in Puerto Rico that (1) have employees either (a) engaged in commerce or in the production of goods for commerce or (b) engaged in handling, selling, or otherwise working on goods or materials that have been moved in or produced for commerce by any person and (2) have annual gross volume of sales made or business done of at least…
A Franchise is a business model that has allowed many people to stop being employees as it facilitates the transition from employee to self-employment. However, franchising Puerto Rico is not for everyone or all types of businesses. As a franchise development consultant and franchising lawyer helping organizations develop franchises or individuals purchasing one, I would like to share some issues that can help you decide whether purchasing an existing franchise in Puerto Rico is right…
In Puerto Rico, certain professionals, including those in the creative field are exempt under minimum wage laws. The exempt categories are similar to those under federal law. In addition to the requirements as to the wage rate and form of payment, the professional employee exemption applies only if its essential function of work requires advanced knowledge in a scientific or scholarly field predominantly intellectual and includes the consistent exercise of discretion and independent trial. No…
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