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On March 2, 2021, Virginia Governor Ralph Northam signed into
law the Consumer Data Protection Act (the VCDPA or the Act), making
Virginia the second state, following California, to grant consumers
broad privacy rights with respect to their personal information as
collected by businesses both within and outside the state. The
VCDPA will not take effect until January 1, 2023, but businesses
should begin now to assess their potential coverage and to map out
a plan for compliance.
Many businesses may have a head start on compliance if they have
In this MB Microtalk video, Jennifer Carlson provides a detailed overview of the US Securities and Exchange Commission's adopted rule, Regulation Fair Disclosure, while also addressing consequences of public companies' non-compliance.
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On March 1, 2020, Provisional Measure No. 1,034/2021
( MP ), which amends Law No. 7,689 / 1988 to increase the
rates of the Social Security Contribution on Net Income
( CSLL ) payable by legal entities that operate in the
financial sector, was published in the Official Gazette.
According to the MP, the CSLL rate, currently levied at 15% on
the taxable income accrued by legal entities that operate in the
financial sector, will be:
20% until December 31, 2021, and return to 15% as of January 1,
2022 for the following entities: private insurance companies,
capitalization companies, distributors of securities; foreign
As Texas and other southern states thaw from a frigid winter storm, companies doing business in these states should assess and take steps to minimize the risk of a price gouging claims.
Lawson Lundell LLP
In the fall of 2015, the well-known corporate lawyer Martin Lipton issued a paper entitled Will a New Paradigm for Corporate Governance Bring Peace to the Thirty Years War.
McCarthy Tétrault LLP
Very soon, an Alberta corporation will no longer be required to have any Canadian citizens on its board of directors. In addition, director resident information will no longer be collected.
Torys LLP
Legal proceedings related to environmental, social, and governance (ESG) issues are increasingly common in Canada, the United States, and elsewhere.
Miller Thomson LLP
Charitable remainder trusts have been popular in the U.S. for some time but not as widely used in Canada as a result of differences in our tax regime