The U.S. Court of Appeals for the Second Circuit July 2 handed down a significant decision in Glatt v. Fox Searchlight Pictures, Inc. in connection with a pair of lawsuits challenging the legality of unpaid internships under federal and New York law, establishing a new test for determining whether a person is an unpaid intern or a paid employee and enumerating a list of seven non-exclusive factors that a court should consider in making this fact-specific determination.