News

National Security And Investment Act Receives Royal Assent

By EsqSocial Corporation 12/05/21

On 29 April 2021, there was a significant development in the evolving European national security landscape, when the National Security and Investment Act (the “Act”) was granted Royal Assent and passed into law in the United Kingdom......

Big reconsideration under way for long-term care as coronavirus toll eases

By EsqSocial Corporation 12/05/21

Residents and their loved ones may have reached a major turning point with nursing homes and other long-term care facilities, agonizing as to whether the institutions really can provide safe, hygienic, and welcoming places for the vulnerable - or whether other, tough options must be considered...

Don’t Look Now, But Is That A New SECURE Act On the Horizon?

By EsqSocial Corporation 12/05/21

Seyfarth Synopsis: The SECURE Act, passed at the end of 2019, significantly altered the retirement landscape. Now, proposed legislation, “SECURE Act 2.0,” sets out to make even more changes. As before, several of the proposed provisions will require employers to closely consider the new rules.

Foley Weekly Automotive Report - May 2021 - 2

By EsqSocial Corporation 12/05/21

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - LMC Automotive increased its 2021 U.S.

How The Truth Is False: Accurate Prescription Drug Event Data Can Trigger False Claims Act Liability

By EsqSocial Corporation 12/05/21

In United States ex rel. Silver v. Omnicare, Inc., et al. (D.N.J. No.

NYC Creates BIPA-Like Requirements For Retail, Hospitality Businesses Concerning Biometric Information Collected From Customers

By EsqSocial Corporation 12/05/21

Effective July 9, 2021, certain retail and hospitality businesses that collect and use “biometric identifier information” from customers will need to post conspicuous notices near all customer entrances to their facilities.

Minimum Standard Nonforfeiture Rate – Green Light, Red Light

By EsqSocial Corporation 12/05/21

In December 2020, by amending the Standard Nonforfeiture Law for Individual Deferred Annuities (Model 805), the NAIC gave the green light to lower the minimum standard nonforfeiture rate to 0.15% in response to the persistent low interest rate environment....

Time’s Up!: The Court Rejects the Government’s Request for a Longer Limitations Period Applicable to Fraud Counterclaims

By EsqSocial Corporation 12/05/21

The government has six years to obtain a court’s determination on fraud counterclaims, and the clock begins to run when the alleged fraud occurs.

Michigan Plans to Return to Work Across All Sectors

By EsqSocial Corporation 12/05/21

On May 10, 2021, Michigan Governor Gretchen Whitmer announced that 55% of Michiganders had received the first dose of available COVID-19 vaccines, hitting the first milestone of the MI Vacc to Normal Plan....
By: Littler

FDIC fines bank $1.8 million for UDAP violations in collecting commercial debt

By EsqSocial Corporation 12/05/21

The FDIC’s settlement with Umpqua Bank announced yesterday is notable because the bank’s collection practices found to be unfair and deceptive involved commercial equipment financing offered by the bank’s wholly-owned subsidiary.  The stipulated Order to Pay Civil Money Penalty requires the bank

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