News

What Is A Cap Table, Why Do You Need One and What Should It Look Like?

By EsqSocial Corporation 23/07/14

At its most basic level, a cap table is just a list of your company’s securities (i.e., stock, options, warrants, etc.) and who owns those securities. A cap table should tell you “who owns what.” More complex cap tables may also include formulas that...

Obama’s LGBT Executive Order Raises More Questions Than It Answers

By EsqSocial Corporation 23/07/14

More than two years after expressly declining to do so, this past Monday, President Obama signed an Executive Order prohibiting federal contractors from discriminating against individuals on the basis of sexual orientation or gender identity. The...

FinCEN Designates Foreign Private Bank Under Patriot Act

By EsqSocial Corporation 23/07/14

On July 17, FinCEN named FBME Bank Ltd., formerly known as the Federal Bank of the Middle East, as a foreign financial institution of primary money laundering concern pursuant to Section 311 of the USA PATRIOT Act....

Class Action Fairness Act Roundup

By EsqSocial Corporation 23/07/14

Nine years after the Class Action Fairness Act of 2005 (“CAFA”) was enacted, parties continue to fight over when federal jurisdiction over significant class and mass actions is proper. In this post, we provide a rundown of some of the most...

Hobby Lobby and the Law of Unintended Consequences

By EsqSocial Corporation 23/07/14

The migration described in part one of this post, away from the strict responsibility of large employers for managing the terms and scope of the health insurance offerings made to employees, will also start us down the road toward rationalizing...

New York Tax Department’s Response to Gaied Misses the Mark

By EsqSocial Corporation 23/07/14

New York Tax Department’s Response to Gaied Misses the Mark by Timothy P. Noonan The New York State Department of Taxation and Finance recently issued a revised version of its nonresident audit guidelines, which are used by auditors and...

Feds and 15 states sue law firms and attorneys, alleging mortgage-relief scams

By EsqSocial Corporation 23/07/14

Federal agencies and 15 states have announced a wave of litigation against law firms, attorneys, affiliated companies and others that claimed to perform work on behalf of homeowners struggling to pay their mortgages.

FinCEN Closer To Finalizing Customer Due Diligence Proposal

By EsqSocial Corporation 23/07/14

On July 14, the OMB’s Office of Information and Regulatory Affairs (OIRA) concluded its review of a long-awaited FinCEN proposal to establish customer due diligence requirements for financial institutions, sending the rule back to FinCEN....

Latest Developments in Healthcare Fraud: Companies Facing Increased Scrutiny

By EsqSocial Corporation 23/07/14

In May 2014 the American Bar Association held its 24th Annual National Institute on Health Care Fraud, focusing on the latest developments in the area of healthcare fraud. Latham & Watkins partner Katherine Lauer served on the planning committee for...

File for Divorce Now—or Wait?

By EsqSocial Corporation 23/07/14

Many people struggle emotionally with the decision to file a divorce complaint. Divorce is not something that anyone pursues lightly. Most people want to be sure that they have exhausted every effort to work issues out with their spouses before they...

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