It’s the buzziest IPO of the year so far, and Sarah P. Payne is part of it—Alibaba’s proposed public offering. The Sullivan & Cromwell partner is one of the attorneys advising the underwriters on the U.S. IPO of the Chinese company.
With the dramatic national increase in the filing and prosecution of overtime claims under the Fair Labor Standards Act (FLSA), the protections afforded to non-profit entities are being tested.
The focus of the Sherman Act is to prohibit only “unreasonable” restraints of interstate trade and commerce. Okay, that sounds simple enough, but what does that mean?