Labor and Employment - Courts Weaken Agreements Shortening Limitation Periods and Remind Executives of their Personal Liability for Corporate Wrongs
August 16, 2013
In this issue:
Courts Weaken Agreements Shortening Limitation Periods and Remind Executives of their Personal Liability for Corporate Wrongs
Three court decisions in the first nine days of August brought to light some reasons for employers to be concerned. Two of the cases bring into question the viability of agreements employers often enter into with employees to shorten the limitation period for employees to bring lawsuits against their employers. The third case reminds employers that executives may be held personally liable for an employer's failure to pay overtime under the Fair Labor Standards Act.
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