New York State Potentially Passes Bill Allowing Employees to Place a Lien on Employer’s Property

New York State Passes Bill Allowing Employees to Place a Lien on Employer’s Property - It is on Governor Cuomo's Desk.

 

"The New York State Assembly and Senate have passed a potentially groundbreaking act (S2844B/A486B) (the “Act”) that would allow current or former employees to obtain liens on their employer’s personal and real property based upon only the mere accusation of wage violations. And it arguably would allow those employees to obtain liens against individuals, including owners, managers and supervisors.

 

The Act, if passed, would give current and former employees priority in any bankruptcy proceeding involving the employer and, among other things, make it difficult for the employer to sell or transfer ownership of real estate."*

 

What would that mean for you and your company? Ask us. 

It is on Governor Cuomo's Desk.

 

*Referenced and read more here: https://www.wagehourblog.com/2019/07/articles/flsa-coverage/new-york-state-passes-bill-allowing-employees-to-place-a-lien-on-employers-property-for-accusation-of-wage-violations/

 

 

 

Share on Facebook
Share on Twitter
Please reload

Featured Posts

Returning to Work in Office?

May 29, 2020

1/10
Please reload

Recent Posts
Please reload

  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Turning Point Human Capital Management

Office: 631 213 2008

Location: 1980 NY-112, Suite 1, Coram, NY 11727

  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
TP_Logo_Horiz.png

©2020 Turning Point H.C.M. Powered by Maher & Associates, LLC