News

Green Bonds, Sustainability-Linked Bonds, and the New European ESG Disclosure Requirements

By EsqSocial Corporation 16/10/20

Continuing our series on environmental, social, and governance (ESG) finance, our Finance Group considers the principles that guide green and sustainability-linked bonds and how businesses can take advantage of them....

Second Circuit Reaffirms That Section 1782 Discovery Is Not Available In Aid of Private International Arbitration, Deepening Circuit Split

By EsqSocial Corporation 16/10/20

In July 2020, in In re Guo,1 the U.S. Court of Appeals for the Second Circuit reaffirmed that in the Second Circuit, a party may not use 28 U.S.C. § 1782 (Section 1782) to obtain documents or other discovery for use in a foreign private international commercial arbitration.

[Audio] They Said What? First Amendment Issues in 2020

By EsqSocial Corporation 16/10/20

A presidential election like no other in history, a global pandemic causing an unprecedented economic and emotional toll on our communities, and a remote learning environment where virtual communication reigns, whether in the school setting or through social media.

A step forward: SEC streamlines fund of funds arrangements for BDCs and closed-end funds

By EsqSocial Corporation 16/10/20

On October 7, 2020, the US Securities and Exchange Commission (the SEC) announced that it voted to adopt new rule 12d1-4 (Rule 12d1-4) under the 1940 Act and related amendments (the Final Rule) to streamline and enhance the regulatory framework that applies to funds that invest in other funds (i.

Cybertheft Lawsuit: ERISA Fiduciary Breach Claims Dismissed Against Plan Sponsor but Move Forward Against Recordkeeper

By EsqSocial Corporation 16/10/20

On October 2, 2020, the Northern District of Illinois ruled on motions to dismiss in a closely-watched cybertheft lawsuit arising out of the theft of $245,000 from a participant’s account in the Abbott Laboratories Stock Retirement Plan (the “Plan”).

Data Privacy + Cybersecurity Insider - October 2020 #3

By EsqSocial Corporation 16/10/20

CYBERSECURITY - Patching Gets More and More Complicated but Is Critical for Managing Risk - Patching vulnerabilities has always been challenging, but these days, it is getting more and more complicated as manufacturers try to stay abreast of zero-day vulnerabilities and issue patches as quick

Employers Take Notice: An Employee’s Entitlement to Benefits Doesn’t Necessarily End at Resignation

By EsqSocial Corporation 16/10/20

The Supreme Court of Canada recently awarded damages to a senior level executive in an amount equal to the bonus he would have earned had he continued working through to the end of his common law reasonable notice period.

Federal Court Allowed to Defer to State Court on Contract Dispute That Raised Patent Validity Questions

By EsqSocial Corporation 16/10/20

WARSAW ORTHOPEDIC, INC., v. SASSO - Before Newman, Schall, and Wallach. Appeal from the United States District Court for the Northern District of Indiana.

California Attorney General Issues Surprise Third Set of Proposed Modifications to CCPA Regulations

By EsqSocial Corporation 16/10/20

The California Attorney General surprised companies by issuing new guidance for the California Consumer Privacy Act (CCPA) compliance, reflecting likely compliance missteps by companies.

2020 Ballot: California’s Propositions 15, 19 Amend Tax on Real Property

By EsqSocial Corporation 16/10/20

Of the twelve statewide ballot propositions certified to appear on the ballot for the upcoming election on November 3, 2020, two seek to amend the taxation of real property in California.

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