News

Right of First Refusal, Right?

By EsqSocial Corporation 15/01/21

A right of first refusal (ROFR) is an agreement giving its holder the right to purchase property in certain circumstances. ROFRs usually concern real estate, but they can cover any type of property.

Economic Aid Act: 10 Things to Know about Second Draw PPP Loans

By EsqSocial Corporation 15/01/21

Late on January 6, 2021, the Small Business Administration (the “SBA”) and the Department of Treasury released an Interim Final Rule called “Business Loan Program Temporary Changes; Paycheck Protection Second Draw Loans” (“Second Draw Rules”).

State University Challenges Board on Sovereign Immunity in Inter Partes Review

By EsqSocial Corporation 15/01/21

The US Court of Appeals for the Federal Circuit reiterated that “[s]overeign immunity does not apply to IPR proceedings when the patent owner is a state.” Board of Regents of the University of Texas System v. Baylor College of Medicine, Case No. 20-1469 (Fed. Cir. Dec.

China Publishes Blocking Statute to Counteract Unjustified Extraterritorial Application of Foreign Legislation and Sanctions

By EsqSocial Corporation 15/01/21

The Blocking Statute provides the legal basis for refusing to recognize, implement, and comply with unjustified extraterritorial application of foreign legislations and sanctions that prohibit or restrict normal economic, trade, and related activities between Chinese Persons and Persons of other

Federal Financial Regulators Propose Rule Accelerating Cyber Threat Reporting Requirements

By EsqSocial Corporation 15/01/21

In December 2020, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking (the Proposal) that would require bank organizations and their service p

EEOC General Counsel Issues Report on Dialogue Sessions on Religious Discrimination With Agency Stakeholders

By EsqSocial Corporation 15/01/21

WASHINGTON – The U.S. Equal Employment Opportunity Commission (EEOC) General Counsel Sharon Fast Gustafson and Commissioner Andrea Lucas today issued a report on a series of dialogue sessions on religious discrimination held in November and December 2020.

PPP 2.0: Welcome, But Still Too Complicated?

By EsqSocial Corporation 15/01/21

While the arrival of vaccines for the coronavirus have us seeing the proverbial light at the end of the COVID-19 tunnel, many small businesses, particularly in industries such as travel, hospitality and specialty retail, continue to feel the pain of governmental restrictions intended to minimize

Brazil’s National Agency of Petroleum Publishes Resolutions Maintaining Measures Related to COVID-19

By EsqSocial Corporation 15/01/21

On December 21, 2020, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) published (i) Resolution No. 835/2020, which extends the effective term of certain ANP resolutions with measures related to the public health emergency situation caused by COVID-19 (“Resolution No.

New Pay Equity Reporting Requirements In California Are Due Soon

By EsqSocial Corporation 15/01/21

In September of last year, Governor Newsom signed SB 973, California’s first statutory employee data reporting requirement. SB 973 became codified as section 12999 of the California Government Code.

Apple adds ESG bonus component to executive compensation program

By EsqSocial Corporation 15/01/21

In its recently filed proxy statement, Apple Inc. announced that beginning in 2021, the Compensation Committee will incorporate an environmental, social and governance modifier into the annual cash incentive program.

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