News & Resources

L&E Legal Alert – New FLSA Rule – Employee or Independent Contractor Classification

New FLSA Final Rule – Employee or Independent Contractor Classification   On March 11, 2024, the new rule related to the Employee or Independent Contractor Classification Under the Fair Labor Standards Act (FLSA) will go into effect.   This rule will apply to those enterprises and/or individuals covered by the FLSA. In order to be covered the employer

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10th Annual Estrella Trial Advocacy Competition (ETAC) 2024

Estrella, LLC and George Washington University Law School announce the 14 law schools who will compete in their 10th Annual Estrella Trial Advocacy Competition (ETAC). The event will be held on April 13 & 14, 2024, in San Juan, Puerto Rico. “We are proud to be hosting our 10th Annual competition. What began as a

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Estrella Legal Alert – Corporate Transparency Act (CTA) Reporting Requirements

The Corporate Transparency Act (CTA), enacted on January 1, 2021, and effective January 1, 2024 (31 U.S.C. § 5336), requires certain entities to report their beneficial ownership information (BOI) and other information to the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). While exemptions to the CTA exist, the CTA’s application is intended

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Estrella Legal Alert – Organizing Your Family Business as a Corporation or Limited Liability Company

Many business owners decide to operate as a traditional corporation or a limited liability company to reduce personal risk, optimize tax management or secure capital from investors. In the case of a family run business, it is a natural step in the growth of the business from a D/B/A to secure long-term performance beyond founding

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