News

Nasdaq Amends its Direct Listing Proposal

By EsqSocial Corporation 25/02/21

On February 22, 2021, Nasdaq amended the rule changes it initially proposed in September 2020 that would permit an issuer to conduct a concurrent primary offering of its securities and a direct listing on Nasdaq. ...

Treasury Attachés, Foreign Financial Intelligence Unit Liaisons and Foreign Financial Institutions

By EsqSocial Corporation 25/02/21

The AML Act of 2020 includes the creation of  “Treasury Attachés” (SEC. 6106, appointed by the US Treasury Department) and the “Foreign Financial Intelligence Unit Liaisons” (SEC. 6108, appointed by FinCEN) to be stationed abroad.  ...

Ontario, Canada: Superior Court Considers Impact of COVID-19 on Employee’s Reasonable Notice Entitlement

By EsqSocial Corporation 25/02/21

In a recent decision of the Ontario Superior Court of Justice, Iriotakis v.

Chapter 11 cases soared in 2020, with more distress likely in 2021

By EsqSocial Corporation 25/02/21

Commercial chapter 11 filings in the US increased significantly in 2020, but government stimulus measures and widespread availability of fresh capital resulted in fewer corporate restructurings than many anticipated—that could change in the next 12 months - In 2020, commercial chapter 11 bankru

SBA and U.S. Treasury Issue Interim Final Rule on Paycheck Protection Program Loan Forgiveness

By EsqSocial Corporation 25/02/21

On December 28, 2020, former President Trump signed the Consolidated Appropriations Act. Over 5,000 pages in length, the legislation (referred to herein as the Economic Aid Act) included revisions and additions to the Paycheck Protection Program (PPP).

Leisure industry readies for distress amid prolonged lockdowns

By EsqSocial Corporation 25/02/21

Despite encouraging signs that economies could reopen as COVID-19 vaccinations are rolled out, additional waves of infections and extended travel restrictions weigh heavily on the leisure and hospitality industry - The leisure and hospitality sector has been among the hardest hit by the pandemi

Recalls: Food Safety Plans at Work

By EsqSocial Corporation 25/02/21

While most people have probably never heard of a Food Safety Plan, these plans are critically important to manufacturers and consumers alike.  A Food Safety Plan tracks the creation and packaging of the food from the ingredients to the final product.

HHS’ OCR Announces Enforcement Discretion for HIPAA Noncompliance Relating to Online COVID-19 Vaccination Appointment Scheduling Applications

By EsqSocial Corporation 25/02/21

The Department of Health and Human Services’ Office for Civil Rights (OCR) has announced that it will exercise its enforcement discretion for health care providers’ and their business associates’ noncompliance with the HIPAA rules with respect to their good faith use of online or web-based schedu

Farm Succession Planning: Build Your Succession Planning Team

By EsqSocial Corporation 25/02/21

Farmers know there’s going to come a day when they’re no longer around to run their farms – and they know they should have plans in place for when that day comes. But farmers often delay planning because it forces them to think about difficult topics and make difficult decisions.

The Northern District of Ohio Provides More Clarity On COVID-19 Related Business Interruption Claims

By EsqSocial Corporation 25/02/21

Two more federal court judges in the Northern District of Ohio have weighed in on whether insurance carriers in the cases pending before them must cover claims for damages caused by the COVID19 pandemic. In both cases, the courts have ruled in favor of the insurers......

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