Major Shakeup in Federal Overtime Rules

Everything old is new again.  Bottom line up top, the salary threshold for the overtime exemptions applicable to executive, administrative, and professional employees is now back to $684 per week, $35,568 per year.  This was the rule established by the United States Department of Labor (DOL) prior to July 1, 2024.  As of November 15, 2024, it is the rule again.  

Benton Sawrey Re-Elected to NC State Senate

We are thrilled to announce that our very own Benton Sawrey has been re-elected to serve as the North Carolina State Senator for District 10. This resounding victory is a testament to his dedication to our community and his tireless efforts to represent the values and needs of Johnston County and beyond.

Collecting Rent from a Bankrupt Tenant:

Once a tenant files for bankruptcy, a lease becomes subject to the rules of bankruptcy, the tenant becomes largely untouchable, and you “get in line” according to your priority as a creditor. Bankruptcy triggers certain legal rights and obligations not included in the lease itself that a landlord must navigate to minimize loss.

Eligibility Issues in Chapter 13

For a debtor to be eligible to commence a Chapter 13 case, certain statutory requirements must be adhered to.  Section 109 of the Bankruptcy Code provides these requirements, which are as follows: Only “individuals” have access to Chapter 13 as a means of financial rehabilitation.  11 U.S.C. §109(e).  Eligibility for other chapters of bankruptcy is not as limited; for example, …

Kemp Mosley elected to American College of Trust & Estate Counsel

During its 2023 Annual Meeting, the Board of Regents of the American College of Trust and Estate Counsel (ACTEC) elected 19 new Fellows, including Kemp Mosley, of Narron Wenzel, P.A. Attorneys are elected as Fellows based upon outstanding reputation, exceptional skill, and substantial contributions to the field of estate and trust law by lecturing, writing, teaching, and participating in bar …

Tuition Assistance: One Small Step for Employers

Yikes, we are all going to be replaced by robots! Many experts say it’s so. Kurt Vonnegut even predicted it back in 1952 in his novel Player Piano. The prognostications are even dire for the medical and legal professions as artificial intelligence is used more and more to absorb and analyze massive amounts of data.