News

California Governor Pulls the Plug on Genetic Information Privacy Act

By EsqSocial Corporation 21/10/20

Governor Gavin Newsom of California vetoed a bill that would have created new limitations on data sharing for direct-to-consumer genetic testing companies.

You Don’t Have To Sue The Plaintiffs At Home, But You Can’t Stay Here

By EsqSocial Corporation 21/10/20

PLAINTIFF FAILED TO ESTABLISH DEFENDANTS’ MINIMUM CONTACTS IN BREACH OF CONTRACT CASE - The Fifth Circuit recently affirmed the dismissal of a case for lack of personal jurisdiction, concluding that the case was “Florida’s problem.

Texas Trade Secret Case Reminds of Risk Associated with Not Supplementing Rule 26 Disclosures

By EsqSocial Corporation 21/10/20

ResMan LLC (ResMan) sued Karya Property Management LLC (Karya) and Scarlet Infotech Inc. d/b/a/ Expedien Inc. (Expedien), in federal court in Texas alleging misuse of the "ResMan Platform," a property management software developed and owned by ResMan.

Creditors' Committee Denied Standing to Bring Derivative Claims on Behalf of LLC Debtor in Bankruptcy

By EsqSocial Corporation 21/10/20

The practice of conferring "derivative standing" on official creditors' committees to assert claims on behalf of a bankruptcy estate in cases where the debtor or a bankruptcy trustee is unwilling or unable to do so is a well-established means of generating value for the estate from litigation rec

Ohio Land Professional Licensing Deadline is December 1

By EsqSocial Corporation 21/10/20

After the passage of Ohio House Bill No.197 (“Bill”), the Ohio Department of Commerce, Division of Real Estate & Professional Licensing (“Department”), recently issued an alert that the failure of a land professional to file his or her 2020 license renewal by December 1, 2020, would result in

Energy Bar Association Ignites Discussion at Virtual Fall Forum

By EsqSocial Corporation 21/10/20

The Energy Bar Association held a very well-attended virtual Fall Forum last week.

401(k) Plan Sponsors – Time to Focus on Compliance with the SECURE Act’s Eligibility and Vesting Rules for Long-Term, Part-Time Employees

By EsqSocial Corporation 21/10/20

As noted in our January 7, 2020 Client Advisory, the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) requires 401(k) plans to allow certain long-term, part-time employees to make elective deferrals.

DOJ Cryptocurrency Enforcement Framework Highlights Risk for Those Engaged in Virtual Asset and Cryptocurrency Activity

By EsqSocial Corporation 21/10/20

In case it was not already clear, the U.S. Department of Justice recently confirmed that ensuring the use of cryptocurrency “is safe, and does not imperil our public safety or our national security, is vitally important to America and its allies.” With the U.S.

Government Releases Final Foreign Tax Credit Regulations on Stewardship and R&E Expenses

By EsqSocial Corporation 21/10/20

On September 29, 2020, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final foreign tax credit regulations (the “2020 Final Regulations”) that include the allocation and apportionment of: (1) stewardship expenses; and (2) research and experimentation (R

How Specialty Pharmacies Can Safeguard Against Fraud When Using Patient Assistance Programs

By EsqSocial Corporation 21/10/20

Specialty pharmacies should carefully evaluate their relationships with drug manufacturers and charitable assistance programs in light of an August $3.5 million settlement between the United States Department of Justice (DOJ) and specialty pharmacy Advanced Care Scripts (ACS).

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