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How did an interest in healthcare policy lead Robert Platt to a career in the law? Find out more>

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Envision to Sell to KKR for $9.9 Billion

We represented Envision Healthcare Corporation (NYSE: EVHC) in its definitive agreement to sell to KKR in an all-cash transaction for $9.9 billion, including debt. KKR will pay $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company's volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction is expected to close the fourth quarter of 2018. Read more


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Six Things to Know Before Buying a Physician Practice spotlight

Dermatology, ophthalmology, radiology, urology…the list goes on. Yet, in any physician practice management transaction, there are six key considerations that apply and, if not carefully managed, can derail a transaction. Download the 6 Things to Know Before Buying a Physician Practice to keep your physician practice management transactions on track.

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Labor Talk Blog: California Prompt Payment Rules Apply to Retirees: Final Paycheck Due upon Retirement

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August 25, 2016

On August 18, 2016, the California Supreme Court confirmed that the final wage payment rules provided for by the California Labor Code apply to retiring employees.

In McLean v. State of California, McLean filed a class action lawsuit against her former employer, the State of California, after the State failed to make "full and prompt payment of wages" when she retired from her employment. The prompt payment provisions of the California Labor Code impose certain timing requirements on the payment of final wages for employees who are discharged and to those who quit their employment. If an employee is discharged, an employer must pay all earned and unpaid wages immediately at the time of discharge. Cal. Lab. Code § 201. If an at-will employee quits his or her employment, the employer must pay the employee no later than 72 hours thereafter unless the employee has given 72 hours' notice of his or her intention to quit, in which case the employer must make a final payment of the employee's wages at the time of quitting. Cal. Lab. Code § 202. If an employer willfully fails to pay in accordance with sections 201 and 202, the employer may be subject to additional waiting-time penalties of up to 30 days' wages. Cal. Lab. Code § 203.

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Bass, Berry & Sims' Labor Talk blog features news, commentary and insights on the complicated and constantly changing labor and employment laws affecting employers.


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