Dec. 16, 2022

Florida had the red wave no other state saw. Here’s what we did right

Ron DeSantis was reelected by almost 20 points as the “red wave” crashed through Florida. However, that wave failed to extend nationally. Why?

 

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Dec. 16, 2022

Independent contractor rule draws 55,000-plus comments

The Biden administration is reversing a business-friendly Trump administration rule on independent contractors. Some 55,000 comments on the proposed change have been logged.

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Nov. 23, 2022

Biden Administration's Proposed New Independent-Contractor Test Can Impact Your Company's Bottom Line

SPECIAL REPORT featuring analysis from Tripp Scott's Paul O. Lopez and Brittany Hynes

Companies routinely use independent contractors for special projects and isolated assignments as a way to cut down on the normal costs connected to hiring full time W-2 employees.  However, companies often misunderstand what a true independent contractor is versus a W-2 employee. 

This can place a bullseye squarely on a company’s back either through a Department of Labor (“DOL”) audit of its classification of laborers or through federal lawsuits filed under the Fair Labor Standards Act (“FLSA”) for alleged unpaid wages and overtime owed to misclassified independent contractors who are alleged to be employees.

The Biden administration’s Labor Department is looking to make it tougher to classify a worker as an independent contractor by modifying the current U.S. Department of Labor’s Wage and Hour Division (“WHD”) regulations “to be more consistent with judicial precedent and the act’s text and purpose.” Employers need to be aware of these changes and the potential impact it will have on their labor costs if fully implemented.

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Nov. 14, 2022

Tripp Scott's Ed Pozzuoli Named One of Florida Trend’s Florida 500

FORT LAUDERDALE, Fla., November 10, 2022 – Tripp Scott today announced that Ed Pozzuoli, CEO of Tripp Scott, was named one of Florida Trend’s Florida 500. He has been named to the list for the past five years.

Florida 500 is a special section of Florida Trend Magazine that highlights the 500 most influential executives in different economic sectors throughout the state. This immense, year-long research initiative by the editors of Florida Trend has resulted in a personal, engaging look at the state's most influential business leaders. 

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Nov. 9, 2022

An Unsigned Text Message May Become a Personal Guarantee—Believe It or Not

As Published in the Daily Business Review

In an unpublished decision issued on Oct. 13, the 11th Circuit Court of Appeals in Atlanta held that an unsigned text message from an individual can constitute a personal guarantee of a debt of a corporation without violating Florida’s statute of frauds and in compliance with Florida’s Electronic Signature Act.

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INCREASING SUBPRIME AUTO LOAN DEFAULTS – THE CANARY IN THE COAL MINE FOR 2023 BANKRUPTCY FILINGS

By: Charles M Tatelbaum and Corey D. Cohen, Tripp Scott PA

Experience tells us that the recent increase in subprime auto loan defaults can be a reliable predictor of an overall increase in consumer bankruptcies which, in turn, causes problems for businesses in many sectors.  Recently reported data discloses that in the fourth quarter of 2022, subprime auto loan defaults increased by slightly more than 30%.

These defaults rise from a number of reasons, namely:  (1) higher interest rates on the subprime loans that have a floating rate of interest; (2) inflationary increases which have pinched consumers' budgets; and (3) increased costs of rental housing.

TSE's Candice Ericks Named One of City & State's Women Power 10

FORT LAUDERDALE, Fla., January 25, 2023 – Tripp Scott today announced that Candice Ericks, Director of Government Relations for TSE, the governmental affairs division of Tripp Scott, was named one of City & State Florida's Women Power 100. 

City & State is the premier media organization dedicated to covering Florida, New York and Pennsylvania's local and state politics and policy. Its in-depth, non-partisan coverage serves Florida’s leaders every day as a trusted guide to the issues impacting Florida. City & State Florida's Women Power 100 list is comprised of elected officials and high-powered lobbyists, leaders from the worlds of business, nonprofits, media, social justice, conservative think tanks and what we call the “persuasion industry”: public relations, strategic messaging and fundraising.

Tripp Scott Attorneys Represent Datum RMS for Major Sale of Controlling Stake to AES Engineering Ltd

FORT LAUDERDALE, Fla., January 24, 2023 – Tripp Scott today announced that its team, Tanya Bower, director and Arsen Pascua, attorney, successfully represented Datum RMS in the sale of the controlling stake of the company to AES Engineering Ltd.

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