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In Battino, et al. v. Cornelia Fifth Avenue LLC, a case pending in the United States District Court for the Southern District of New York, the court recently held that the individual owner of a company that purchased the assets of another company might be held liable for minimum wage violations committed by the seller. This case highlights the limits of limited liability protections afforded individuals, who are shareholders of corporations or members of limited liability companies, for minimum wage and overtime violations.

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