United States: Second Circuit Rules Bank Loan Underwriter Eligible for Overtime Pay
On November 20, 2009, the U.S. Court of Appeals for the Second Circuit in the case of Whalen v. J.P. Morgan Chase & Co., No. 08-4092 (2d Cir. November 20, 2009) held that a loan underwriter employed at J.P. Morgan Chase & Co. (Chase) was not covered by the administrative exemption from the overtime requirements […]
January 6, 2010
Mayer Brown
ABF Journal