Michael Lotito says the SVB collapse is a wake-up call for employers, especially in California, where employment law risks for small businesses and tech founders are higher than anywhere else in the country.
Michael Lotito talks about the response Littler received from California on the Silicon Valley Bank collapse, and the lessons for employers and states in the aftermath.
Bruce Sarchet and Michael Lotito discuss the federal government's response to the Silicon Valley Bank collapse, and explain that the ordeal provides an opportunity to explore employer liability and penalties in unexpected situations. (Subscription require
Jonathan Shapiro says adjudication will get easier under the new fair hiring in banking provisions that are included in the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023.