News

New Law Mandates Diversity on Corporate Boards in California

By EsqSocial Corporation 20/10/20

Governor Newsom has signed into law a bill, patterned after California’s ground-breaking gender diversity bill adopted two years ago, requiring publicly-held corporations that have their principal executive offices here, to have at least one director from an underrepresented community on their bo

UK Firms Granted Extra 15 Months for Brexit Onshoring Preparations

By EsqSocial Corporation 20/10/20

The FCA, Bank of England, and PRA have published updated rules for firms post-Brexit and intend to delay many (but not all) onshoring changes.

DOJ FCPA Settlement: J&F Investmentos’ Bribery Schemes (Part II of V)

By EsqSocial Corporation 20/10/20

J&F’s Investmentos bribery scheme was pervasive and was coordinated with a senior Brazilian Finance minister and orchestrated through the use of United States banking.  The Brazilian official appears to be Guido Mantega, who went on to serve as Brazil’s finance minister....

Risks For RIA Firms in a COVID World

By EsqSocial Corporation 20/10/20

In light of COVID-19, the U.S. Securities and Exchange Commission ("SEC"), recognizing that RIA Firms are facing operational, technological, commercial and other issues, has also outlined "regulatory and compliance questions and considerations" for SEC-registered Firms on these issues....

NLRB Advice Memorandum: Firing Employees Because of Discussions Related to Tip-Pooling Violates Section 8(a)(1)

By EsqSocial Corporation 20/10/20

In an Advice Memorandum released Thursday, the NLRB’s Division of Advice concluded that employees who discussed an employer’s tip-pooling practices engaged in protected concerted activity, such that discharging the employees for this activity violated Section 8(a)(1) of the NLRA.

AfCTFA: The basics – what you need to know

By EsqSocial Corporation 20/10/20

The African Continental Free Trade Area (AfCFTA) will be the world’s largest free trade area since the formation of the World Trade Organization.

To Sell or Not to Sell: Now a Common Question for Pennsylvania Townships

By EsqSocial Corporation 20/10/20

The COVID-19 pandemic has caused companies, individuals and municipalities to even more closely examine their budgets and services to determine how they can reduce compliance risks, operating expenses and future capital expenditures.

India Enacts Major Employment Law Reforms

By EsqSocial Corporation 20/10/20

In September 2020, the Indian legislature passed multiple laws that, taken together, constitute the most significant reforms of employment law in decades.  Broadly speaking, these reforms expand the coverage of health and safety, social security, and wage laws to new categories of businesses and

New California Law Expands Successor Liability for Labor Code Judgments

By EsqSocial Corporation 20/10/20

On September 30, 2020, California Governor Gavin Newsom signed Assembly Bill (AB) 3075, which amends the California Labor Code to allow employees to collect wage and hour judgments not only from their employers, but also from certain successor businesses that take over operations when the employe

Potential Estate Planning Implications of 2020 Election Results

By EsqSocial Corporation 20/10/20

With the election less than a month away, there has been significant discussion regarding potential tax law changes under a new administration.  While no one can predict the future, we can certainly discuss what could happen if Joe Biden wins the presidency and the Democrats win four additional s

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