Posts tagged asset purchase.
A decision from the 7th Circuit U.S. Court of Appeals offers an important reminder to employers about the potential for successor liability under the FLSA.
Employer Status, Enforcement, Litigation, Remedies, SettlementsTags: Fair Labor Standards Act, FLSA, Teed v. Thomas & Betts Power Solutions, successor, successor liability, disclaimers of FLSA liability, disclaiming FLSA liability, asset purchase