News

UK: Furlough Extended to Include Parents with Childcare Responsibilities

By EsqSocial Corporation 28/01/21

On 5 January 2021, the UK government’s guidance was updated to clarify that employers may (but are not required to) furlough employees who have caring responsibilities for children who are at home as a result of school and childcare facilities closing....

TiNY Report for January 22 (Reporting on DTA cases issued December 10, 16, 23 and 30 and January 7 and 14)

By EsqSocial Corporation 28/01/21

Happy New Year, constant readers. We had a special edition a few weeks ago, and then we were distracted by other developments. But now we are back to our regular menu consisting of (mostly) timies . . . Oliver Twist’s diet was more fulfilling.

The problem with DFVCP

By EsqSocial Corporation 28/01/21

When a plan sponsor has a late Form 5500 to file, one of the great things out there is the Delinquent Filer Voluntary Compliance Program (DFVCP). It gives the plan sponsor the opportunity to pay reduced civil penalties for voluntarily complying with the annual reporting requirements.

UK Life Sciences and Healthcare Newsletter: Life Sciences: What's new in France? Avastin/Lucentis case: French Competition Authority imposes record fine of 444 million euros on Novartis and Roche for alleged abuse of collective dominant position

By EsqSocial Corporation 28/01/21

On 9 September 2020, the French Competition Authority (“FCA”) issued an infringement decision sanctioning Novartis and Roche with record fines for the pharmaceutical sector in France, totaling 444 million euros, for having allegedly abused a collective dominant position on the French market for t

Issues for Buyers to Address When Allowing Sellers to Remain on Property after Closing

By EsqSocial Corporation 28/01/21

The central Florida housing market is still going strong at the moment, with the result that developers are continuing to create new residential subdivisions in traditionally rural areas.  Much of this rural land is comprised of large parcels owned by families for many years. ...

§ 313 BGB and governmental Corona measures - “Course Correction” for commercial leases

By EsqSocial Corporation 28/01/21

With our blog post of December 14, 2020, we had already pointed out the corresponding legislative initiative. In record time, two new provisions on commercial leases (excluding residential leases) were subsequently adopted on December 17 and 18, 2020.

Kazakhstan strengthens personal data protection by gradually moving toward GDPR standards

By EsqSocial Corporation 28/01/21

In January 2021, the following changes in personal data rules were adopted. Now, companies are obliged to notify the Ministry of Digital Development, Innovations and Aerospace Industry about any incidents of information security related to illegal access to personal data....

It’s Fair to Say At This Point That Climate Change Is a Priority For This Administration

By EsqSocial Corporation 28/01/21

Yesterday, President Biden signed an Executive Order on Tackling the Climate Crisis at Home and Abroad. It’s even more comprehensive than last week’s order. Indeed, my main reaction to the order isn’t to any of the specific provisions. It’s one simple realization – he really means it.

IRS Extends Relief for Qualified Opportunity Funds

By EsqSocial Corporation 28/01/21

On January 19, 2021, the IRS issued Notice 2021-10, further extending relief for qualified opportunity funds (QOF) and their investors due to the COVID-19 pandemic. The IRS had provided relief last year in Notice 2020-39, and Notice 2021-10 extends that relief....

Friend or Foe? The DOC Issues New Interim Rule on Transactions Involving Information and Communication Technology or Services (“ICTS”) and Foreign Adversaries

By EsqSocial Corporation 28/01/21

On January 19, 2021, the U.S.

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