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Federal regulations and small businesses

Among the things that can have major implications for small business owners are what sort of federal regulations are out there. For one, this can impact what kind of federal compliance issues are big ones within the industry their business operates in. It can also impact how much in time, energy and resources a business needs to put towards staying in compliance with federal rules.

A bill that is in Congress aims to put a bigger focus on considering potential impacts to small businesses in the federal regulatory process. The bill is called the Small Business Regulatory Flexibility Improvements Act of 2017.

Divorce mediation keeps children safe in custody negotiations

Divorce is never easy on children, but it does't have to be an emotional hurricane that leaves them with years of rebuilding. Here in Louisiana, we know all too well how the proper aid and preparation can mean all the difference when things go from bad to worse.

The truth of the matter is that a poorly-handled divorce can affect your children for many years afterward if you and your spouse do not choose to take steps to care for them throughout the process from day one.

Workers’-comp-related bill being considered in Louisiana

The state’s workers’ compensation system and its workings can touch on a range of major issues. So, changes to this system and matters related to it can have the potential to have big impacts and draw considerable debate.

Louisiana is considering making a workers’-comp-connected change. Specifically, it is thinking about adding a drug formulary in relation to its workers’ comp system. Under the proposed new system, doctors would use this formulary when prescribing medication in relation to patient care covered by workers’ comp. Among the things this formulary includes is a list of “non-preferred drugs”. Special authorization would be needed to prescribe medications on this list to workers’-comp-covered patients. Many opioid medications are included on this non-preferred list.

Survey: many people secretive about money

There are certain things that people are commonly fairly secretive about. One of these things is money. This is underscored by the results of a recent survey.

The survey asked over 5,000 U.S. adults what sorts of things they kept secret from the people close to them. Over half of the respondents indicated that their finances were something they kept secret. Given this, money was the third most cited thing when it comes to things the respondents reported being secretive about.

This week is National Small Business Week

Among the special business-related occasions here in the U.S. is National Small Business Week. This occasion is aimed at acknowledging and celebrating the important role small businesses play in America. Such companies and their owners have big impacts in their communities and on the U.S. economy as a whole.

This special occasion has been celebrated here in the U.S. since 1963. This year’s National Small Business Week is currently in progress. This year, the dates for this special week are April 30 to May 6. So, we wish all small companies here in Louisiana a happy National Small Business Week.

On-the-job injury claims in the oil fields

The oil and gas industry has a reputation for being a dangerous career choice. The U.S. Occupational Safety and Health Administration confirms that the injury and fatality rates are indeed higher than the average. However, that does not mean that your workers are in danger. 

Because of the higher exposure to hazards, an employee could get the idea that it would be easy to successfully file a false workers' compensation claim. Here are some things you should be aware of if one of your workers reports an on-the-job injury.

Changes to the state’s divorce waiting period being considered

Among the things that can have impacts in divorces here in Louisiana is the state’s mandatory divorce waiting/separation period for no-fault divorces. Currently, the length of this period is different for divorcing couples with minor children than it is for couples without minor children. The former are generally subject to a one year waiting period. Meanwhile, the latter generally only have a waiting period of a half year.

A bill here in Louisiana seeks to equalize the divorce waiting periods of these two groups. Specifically, it would shorten the waiting period for parents of minor children down to half a year.

Credit card considerations when divorcing

Among the things that can impact a person’s post-divorce credit situation are credit card matters. And this doesn’t just include how a person uses credit cards after the divorce. It also includes how credit card accounts opened and credit card debt built up during the marriage are handled in the divorce.

When it comes to property division, Louisiana is a community property state. Now, the rules related to community property don’t just apply to assets, but also to debt. So, understanding what credit card debt and accounts were built up during the marriage and how community property rules would apply to this debt can be very important when a person is getting divorced here in Louisiana. It can help a person understand what actions they can take during the divorce to protect their credit and their rights. It could also help keep them from facing unpleasant surprises, something it is generally best to avoid when it comes to debt.

Regulatory changes can raise issues and concerns for businesses

When a person is starting a new business, there are many things it can be important for them to be aware of. This includes what regulations apply to their business, given the industry it is in. A business running afoul of such rules as it is getting off of the ground can impact its relationship with regulatory agencies, delay its ability to get into full operation and hurt its reputation.

Business law attorneys can advise entrepreneurs on what regulations apply to their startup and what compliance steps their startup can take.

Privileges under Louisiana law

Under Louisiana law, creditors are afforded numerous privileges against property owned by their debtor, and, in some instances, against third parties, to provide additional security to collect the money that is owed. By definition, a privilege is "a right, which the nature of a debt gives to a creditor, and which entitles him to be preferred before other creditors." A privilege may exist on movable or immovable property, or on both at once.

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