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To embed, copy and paste the code into your website or blog: President Joseph Biden has fulfilled a promise to significantly increase the minimum wage for federal contractor workers working “on or in connection with” a covered federal contract. He has issued an executive order raising the minimum wage for these workers from $10.95 an hour to $15 an hour beginning 2022. When announcing the “Executive Order on Increasing the Minimum Wage for Federal Contractors,” President Biden said the higher wage “will benefit many women and people of color who likely have children and are the brea...

Thursday, April 29, 2021 President Joseph Biden has fulfilled a promise to significantly increase the minimum wage for federal contractor workers working “on or in connection with” a covered federal contract. He has issued an executive order raising the minimum wage for these workers from $10.95 an hour to $15 an hour beginning 2022. When announcing the “Executive Order on Increasing the Minimum Wage for Federal Contractors,” President Biden said the higher wage “will benefit many women and people of color who likely have children and are the breadwinners in their househ...

Introduction The Business Laws (Amendment) (No.2) Act of 2021 (the Act) came into force on 31 March 2021 seeking to facilitate ease of doing business in Kenya. In this first part of the series, we highlight the key changes to the laws listed below. The second part will address the effect of the Act on the Insolvency Act, 2015. Law of Contract Act (Cap 23 Laws of Kenya) (the LCA) The meaning of “signing” as defined under the LCA has been expanded to clarify that contracts entered into by companies should be executed according to the Companies Act. Recently, the Companies Act was amended t...

A Bench comprising of Navin Sinha and KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code. Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice RF Nariman observed in the judgment titled P Mohanraj & Ors. v. M/s Shah Brothers Ispat Ltd.

Share This - x The Supreme Court observed that the question of novation of contract containing an arbitration clause cannot be considered by the Court in a petition filed under Section 11 of the Arbitration and Conciliation Act. Detailed arguments on whether an agreement which contains an arbitration clause has or has not been novated cannot possibly be decided in exercise of a limited prima facie review as to whether an arbitration agreement exists between the parties, the bench comprising Justices RF Nariman, BR Gavai and Hrishikesh Roy said. The Court was considering an appeal against di...