News

The New Stimulus Bill's Sweeping Changes To The Paycheck Protection Program

By EsqSocial Corporation 29/12/20

The Paycheck Protection Program (PPP), originally part of the March 27, 2020, CARES Act, has undergone several changes since its inception, including June’s PPP Flexibility Act, a myriad of Interim Final Rules and other guidance issued by the Small Business Administration (SBA).

President Signs COVID-19, Health and Tax Provisions in End-of-Year Omnibus Bill

By EsqSocial Corporation 29/12/20

On December 21, the House and Senate passed a $2.3 trillion omnibus appropriations and COVID-19 relief package, H.R. 133, the Consolidated Appropriations Act, 2021 (the “Act”).

For Existing PPP Borrowers, Stimulus Bill Expands Forgivable Uses And Eases Tax Consequences

By EsqSocial Corporation 29/12/20

The $900 billion Consolidated Appropriations Act of 2021 (the Act) modifies the Paycheck Protection Program (PPP) in a variety of business-friendly ways likely to benefit both existing PPP borrowers and businesses that receive a second PPP Loan.

The General Counsel’s Guide to Contract Management and a Single Point of Truth

By EsqSocial Corporation 29/12/20

Contracts are the lifeblood of most businesses, yet too many companies lack a comprehensive and effective solution for contract lifecycle management (CLM).

Congress Provides New Round of COVID-19 Relief

By EsqSocial Corporation 29/12/20

The Consolidated Appropriations Act, including the Taxpayer Certainty and Disaster Relief Act 2020 (collectively, the “Act”) was signed into law on December 27, 2020.

More Scheduling Letters On The Horizon

By EsqSocial Corporation 29/12/20

OFCCP seeks approval of additional Scheduling Letters. The Office of Federal Contract Compliance Programs has requested the Office of Management and Budget to approve two new Scheduling Letters: one for promotion focused reviews, and another for accommodation focused reviews......

CPRA Series: The Importance Of Data Retention Schedules And Records Management Policies

By EsqSocial Corporation 29/12/20

Record retention and records management policies are key elements for a company’s data protection program. Numerous recently enacted, or amended, data protection laws adopt data retention or storage limitation principles to safeguard personal information.

Government Doesn’t Need Warrant To Put Pole Camera Outside Your Home Says First Circuit, Limiting Carpenter’s Reach-UPDATED December 2020

By EsqSocial Corporation 29/12/20

Update: The First Circuit has granted en banc review of Moore-Bush. In doing so, the court has withdrawn the opinion detailed below. The full court will now consider whether the Fourth Amendment requires a warrant for placing a pole camera outside someone’s home.

Arbitration Provision Survives Agent Termination

By EsqSocial Corporation 29/12/20

Has the judicial preference for presuming the survivability of arbitration clauses governing workplace disputes reached canonical status? According to the U.S. District Court for the Eastern District of Arkansas, the answer may be yes....

FDIC issues final rule on ILC deposit insurance applications

By EsqSocial Corporation 29/12/20

The FDIC has issued a final rule setting forth the conditions it will impose and the commitments it will require to approve a deposit insurance application from an industrial bank or industrial loan company (collectively, ILC) whose parent company is not subject to consolidated supervision by the

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