News

Blockchain Week in Review - February 2021

By EsqSocial Corporation 05/02/21

US Regulatory Developments - US Senate Confirms Janet Yellen as Secretary of the Treasury - The U.S. Senate confirmed Janet Yellen’s appointment as secretary of the treasury after a vote on Monday.

President Releases Executive Order Implementing “Buy American” Campaign

By EsqSocial Corporation 05/02/21

On January 25, 2021, US President Joe Biden signed an Executive Order, “Ensuring the Future Is Made in All of America by All of America’s Workers,” that implements the “Buy American” campaign to tighten existing “Made in America Laws” by setting clear directives with a centralized coordinated eff

Lawsuits Don't Make Vaccines... and Other Lessons from AstraZeneca's Agreement with the EU Commission

By EsqSocial Corporation 05/02/21

Key Take-Away: To avoid ambiguity, parties drafting manufacture and supply agreements should explicitly set out the factors that they deem relevant in assessing a party’s efforts.

FTC Announces Decreased HSR Thresholds for 2021

By EsqSocial Corporation 05/02/21

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) requires that parties to mergers, acquisitions, or other transactions of a certain size notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) prior to consummation.

The ICO Age-Appropriate Design Code of Practice: Steps to Take in 2021 To Protect Children’s Privacy

By EsqSocial Corporation 05/02/21

The United Kingdom’s Information Commissioner’s Office (ICO) finalized a new Code of Practice (the Code) in September 2020, which applies to most companies that offer online services to or otherwise collect personal data from users in the UK, if their service is likely to be accessed by children.

FTC and DOJ Temporarily Suspend Early Terminations of the HSR Waiting Period

By EsqSocial Corporation 05/02/21

Key Takeaways The Federal Trade Commission (FTC), with the support of the Antitrust Division of the U.S.

Successful Dismissal of PayPal Class Action Over Breach Disclosures Serves as Risks Reminder

By EsqSocial Corporation 05/02/21

A class action lawsuit filed against PayPal in connection with a breach it suffered in 2017 was dismissed recently because the plaintiffs did not adequately allege PayPal’s intent to deceive investors.

U.S. District Judge Rejects Argument that Sale of “Stand-In” Tokens Was Not a Sale of Unregistered Securities

By EsqSocial Corporation 05/02/21

On January 8, 2021, Judge Richard Seeborg of the United States District Court for the Northern District of California issued an Order denying a motion to dismiss in S.E.C. v. NAC Foundation, LLC, et al. The U.S.

State Attorney General Insider – Winter 2020-2021, Issue No. 3: SAG Races

By EsqSocial Corporation 05/02/21

Former California Attorney General Kamala Harris was elected Vice President of the United States along with the former Delaware Attorney General Beau Biden’s father, President-elect Joe Biden.

Massachusetts Governor Again Proposes Excise Tax for “Excessive” Price Increases

By EsqSocial Corporation 05/02/21

On January 27, 2021, Governor Baker of Massachusetts issued his FY 2022 Governor’s Budget. The budget legislation includes an anti-drug price increase measure that has previously been proposed by the Baker Administration on multiple occasions.

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