News

We Are All Commercial Litigators Now: NY Commercial Division Rules Become Agents Of Change

By EsqSocial Corporation 02/02/21

From their creation in 1993, the New York State Supreme Court Commercial Division Rules have been developed and refined by judges and practitioners to pursue the twin goals of cost containment and fair adjudication.

Delaware Bankruptcy Court Teaches Important Lesson on Timely Lien Perfection

By EsqSocial Corporation 02/02/21

Perfect your liens on time or you may lose them. That’s the painful lesson U.S. Bankruptcy Judge Karen B. Owens taught Halliburton Energy Services, Inc. in her recent decision.

Notification Threshold under the Hart-Scott-Rodino Act Decreased to $92 Million

By EsqSocial Corporation 02/02/21

The US Federal Trade Commission (FTC) yesterday released decreased thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR). The thresholds are indexed to changes in the gross national product (GNP).

What to Expect From Acting Chairwoman Rosenworcel’s FCC

By EsqSocial Corporation 02/02/21

Shortly after his inauguration, President Biden appointed Commissioner Jessica Rosenworcel as acting chairwoman of the U.S. Federal Communications Commission (FCC).

TCJA Reform/CARES Act Bill Introduced in both House and Senate

By EsqSocial Corporation 02/02/21

On January 28, HB 170 and its Senate counterpart, SB 98, were prefiled with the Alabama Legislature and designated as three separate acts: (i) The Alabama Taxpayer Stimulus Freedom Act of 2021, (ii) The Alabama Business Tax Competitiveness Act, and (iii) The Alabama Electing Pass-Through Entity T

PPP Loans $2 Million and Up and the PPP Necessity Questionnaires

By EsqSocial Corporation 02/02/21

Starting around October 26, 2020, the Small Business Administrations (the “SBA”) asked Paycheck Protection Program (“PPP”) lenders to provide certain questionnaires to PPP borrowers with loans of $2 million or greater.

The Race to a Clean Electricity Future in Washington State Begins With WUTC and Commerce Rules

By EsqSocial Corporation 02/02/21

In May of 2019, the Clean Energy Transformation Act (CETA) became law in Washington state and set bold decarbonization and renewable energy mandates for electric utilities.

Fifth Circuit Shuts Down FLSA Conditional Certification

By EsqSocial Corporation 02/02/21

In a decision of considerable significance in the world of wage and hour litigation, the United States Court of Appeals for the Fifth Circuit significantly departed from conventional standards for assessing conditional certification under Section 216(b) of the Fair Labor Standards Act (“FLSA”).

Your COVID-19 Vaccine Questions Answered

By EsqSocial Corporation 02/02/21

With multiple states rolling out phased access to COVID-19 vaccines, many employers are considering whether they want to require employees to be vaccinated, how to encourage employee vaccinations, and the implications of vaccine policies for their businesses.

Congress Passes Corporate Transparency Act Requiring Certain Companies to Report Beneficial Ownership Information

By EsqSocial Corporation 02/02/21

On December 11, 2020, the U.S. Congress passed legislation requiring certain privately held companies in the U.S. to report ownership information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).

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