News

Tax Court Upholds Penalties Imposed For False Statements

By EsqSocial Corporation 20/03/14

In Morton v. The Queen (2014 TCC 72), the Tax Court of Canada upheld penalties imposed by the Minister of National Revenue (the “Minister”) under subsection 163(2) of the Income Tax Act (Canada) (the “Act””) despite novel arguments by the taxpayer to...

Health Care Reform: Agencies Issue Final And Newly Proposed Rules On Waiting Periods

By EsqSocial Corporation 20/03/14

The Internal Revenue Service (IRS), Department of Labor (DOL), and HHS (collectively, the “Agencies”) simultaneously issued final and proposed regulations regarding health plan eligibility waiting periods under the ACA....

Do Windows XP Users Risk HIPAA Non-Compliance?

By EsqSocial Corporation 20/03/14

Microsoft recently announced that, after April 8, 2014, it will not longer provide security updates or technical support for Windows XP. Microsoft’s statement that “businesses that are governed by regulatory obligations such as HIPAA may find that...

New York Launches Student Lending Resource Center

By EsqSocial Corporation 20/03/14

On March 13, the New York DFS launched a new website to provide student borrowers with information about (i) the types of financial aid available; (ii) what to do in the event of default......
By: BuckleySandler LLP

GB: POC Bill passed at Third Reading

By EsqSocial Corporation 20/03/14

The Gambling (Licensing and Advertising) Bill was passed by the House of Lords today in the Third Reading and returned to the House of Commons with one amendment....

DEA Raids and Other Tools for Illegal Dispensary Eradication

By EsqSocial Corporation 20/03/14

California cities that have chosen to ban or limit marijuana dispensaries seem to have found some common tools for ousting those dispensaries continuing to operate illegally. The first city actions seeking to force the removal of illegal dispensaries...

Federal Court Refuses To Dismiss Plaintiffs’ Putative Class Action In Captive Reinsurance Case

By EsqSocial Corporation 20/03/14

On their third attempt to state a claim for mortgage services fraud pursuant to the Real Estate Services Settlement and Procedures Act (“RESPA”), Plaintiffs in a putative class action overcame defendants’ motion to dismiss on the grounds that...

SEC Brings Lawsuit Against Former Carter’s Executive for Insider Trading and Tipping

By EsqSocial Corporation 20/03/14

On March 7, the Securities and Exchange Commission filed a complaint in the US District Court for the Northern District of Georgia against Richard Posey, former vice president of Operations of children’s clothing manufacturer Carter’s Inc., for...

SEC – USAO Halt Serial Insider Trading Ring Despite Concealment Efforts

By EsqSocial Corporation 20/03/14

Trading repeatedly on inside information is likely to yield investigations by the SEC and the DOJ and charges by both even when steps are taken to carefully conceal your activity. That was the case for an insider trading ring composed of a law firm...

Is It Time To Include Mandatory Arbitration Clauses In All Reinsurance Policies? Mandatory Clauses Could Avoid Unnecessary Future Disputes, Argues Carlton Fields Jorden Burt

By EsqSocial Corporation 20/03/14

Recent reports on the continued easing of collateral requirements for non-US reinsurers that operate in the US, raise the question: with the anticipated, increased presence of non-US reinsurers state-side, will more reinsurance policies be the...

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