News

Fight the enemy where they aren’t: why DR is vital to countering ransomware threats.

By EsqSocial Corporation 31/12/20

Suffering a ransomware attack is a costly proposition for every modern organization. There are various cyber-security threats that companies must counter on a daily basis, from phishing and denial-of-service attacks to zero-day exploits and simple human error....

The SEC Adopts a Modernized Marketing Rule and the Testimonial Prohibition is No Longer

By EsqSocial Corporation 31/12/20

On December 22, 2020, the Securities and Exchange Commission (SEC) released an amended, “modernized” Rule 206(4)-1 of the Investment Adviser’s Act of 1940 (the “Marketing Rule”) citing advancements in technology, changes in investors’ expectations, and the diversification of the investment adviso

The Consolidated Appropriations Act, 2021: Round 2 of the Paycheck Protection Program

By EsqSocial Corporation 31/12/20

After days of uncertainty, the Consolidated Appropriations Act, 2021 (the “Act”) was passed by Congress on December 21, 2020, and signed into law by President Donald Trump on December 27, 2020....

State Prudential Standards for Mortgage Servicers: “Ahead of the Curve” or “Dead Man’s Curve”?

By EsqSocial Corporation 31/12/20

I was only 9 years old when Jan and Dean in 1963 released their hit song “Dead Man’s Curve.” I thought about this song when I read the Conference of State Bank Supervisors’ (“CSBS”) Proposed Regulatory Prudential Standards for Nonbank Mortgage Servicers (the “Proposal”)....

Congress Passes Coronavirus Relief Bill Extending FFCRA Leave Tax Credits, But Not Mandatory FFCRA Leave Itself

By EsqSocial Corporation 31/12/20

On December 21, 2020, Congress passed a $900 billion coronavirus relief bill (“relief bill”) as part of a broader spending bill for fiscal year 2021.  President Trump signed the relief bill on December 27, 2020.  In anticipation of any coronavirus relief, employers and HR professionals have been

State Law Regulating PBMs Not Pre-Empted by ERISA

By EsqSocial Corporation 31/12/20

The Supreme Court recently held that the Employee Retirement Income Security Act (“ERISA”) does not preempt an Arkansas law regulating Pharmacy Benefit Managers (“PBMs”).

Happy New Year and Happy Vaccination Day: Maintaining Workplace Safety During the Vaccine Roll-Out

By EsqSocial Corporation 31/12/20

Numerous employment lawyers and articles have addressed whether employers should mandate or strongly encourage employees to get vaccinated when the COVID-19 vaccination is available to them.

Yes, I Can Deduct Expenses Paid With A Forgiven PPP Loan

By EsqSocial Corporation 31/12/20

Congress has overridden the IRS position that expenses paid with PPP loan proceeds cannot be deducted if the PPP loan is forgiven.

Union kNOw – December 2020

By EsqSocial Corporation 31/12/20

Union Organizers Weigh In On What Ails Unions- Union membership in the United States has dropped to about 6.5% of private sector workers, after peaking at about 35% in the 1970s. Yet, Gallup polls show steadily increasing approval of unions, from 48% in 2009 to 65% in 2020.

Emergency Regulations Issued On MA Paid Family And Medical Leave Law

By EsqSocial Corporation 31/12/20

On December 21, the Director of the Massachusetts Department of Family and Medical Leave issued emergency regulations interpreting the Paid Family and Medical Leave law. Most of this bulletin comes directly from the emergency regulations, with minor editing......

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