Page 41 - Client Alert News Today

To print this article, all you need is to be registered or login on Mondaq.com. Soon after Congress passed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") in March 2020, the Criminal Division of the U.S. Department of Justice (DOJ) moved quickly to address potential COVID-19 related fraud. One area of early focus was the Paycheck Protection Program (PPP), a program under the CARES Act that provides loans to small businesses to help pay employees. The...

To embed, copy and paste the code into your website or blog: In the days following Texas’s February 2021 winter storm event, unofficially named Winter Storm Uri, we have received many questions from out-of-state colleagues and clients—particularly from those living in colder climates—asking how one winter storm could possibly have wreaked the havoc that it did in Texas. The answer is surprisingly complex, and has nothing to do with Texans’ alleged lack of fortitude in cold weather. This...

To embed, copy and paste the code into your website or blog: The New Jersey Economic Recovery Act of 2020, a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and numerous other economic development initiatives, was signed into law by Governor Phil Murphy on January 7, 2021. This Client Alert focuses on the New Jersey Community-Anchored Development Program, which was enacted under th...

California’s Department of Fair Employment and Housing (“DFEH”) has issued some new state forms for employers to provide to employees in 2021.  Please be sure to update any new-hire or...

To embed, copy and paste the code into your website or blog: The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and numerous other economic development initiatives, was signed into law by Governor Phil Murphy on January 7, 2021. This Client Alert focuses on the New Jersey Aspire Program, enacted as part of the ERA to provide tax cr...

To embed, copy and paste the code into your website or blog: In an ideal world, we were supposed to be well beyond Brexit by now. On February 23rd the UK consented to the EU’s request for further time to ratify the EU-UK Trade and Cooperation Agreement (TCA). The TCA has been applied provisionally in the EU since January 1 and was supposed to be ratified by February 28th. This extension to April 30, 2021 should allow the EU decision-makers time to ratify the TCA as things have been sidetracke...

To embed, copy and paste the code into your website or blog: The bill would increase and shift the burden for many merger reviews, introduce new categories of prohibited conduct, and undo important common law defenses to single-firm conduct. On February 4, 2021, Senator Amy Klobuchar, the incoming chair of the US Senate Judiciary Committee’s Antitrust Subcommittee, presented a sweeping antitrust reform bill, named the Competition and Antitrust Law Enforcement Reform Act of 2021 (CALERA). Th...

To embed, copy and paste the code into your website or blog: On November 30, 2020, parties to legacy LIBOR contracts breathed a collective sigh of relief as LIBOR’s administrator Intercontinental Exchange, Inc. (“ICE”) announced that US Dollar LIBOR would continue to be published until December 31, 2021 for the one-week and two-month tenors and until June 30, 2023 for the remaining, more widely used tenors. [i] As explained in our prior Client Alerts on the transition away from LIBOR, the...

This spring, the Second Circuit will revisit its highly consequential insider trading decision in United States v. Blaszczak. 1 The case is one to watch, as it has the potential to impact how the government approaches prosecutions of participants in tipping schemes.   On January 11, 2021, the Supreme Court vacated the Second Circuit’s 2019 decision in Blaszczak and remanded the case for further consideration 2 in light of 3 In Blaszczak, the Second Circuit had upheld the convictions of...

For months now the treatment of licence fee income generated in Germany under licence agreements concluded between foreign companies where the right granted is merely listed in a public...