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TNR Gold Corp revealed that it has closed the first tranche of its non-brokered private placement of up to 5 million units first announced on December 22,...
TNR Gold Corp revealed that it has closed the first tranche of its non-brokered private placement of up to 5 million units first announced on December 22,...
[co-author: Shawn Whites] Key Points President Biden’s Day One Executive Order on climate action reconvenes an interagency working group to establish interim and final social costs of three GHGs: carbon dioxide, nitrous oxide and methane. The social costs of these GHGs seek to quantify the negative externalities on an annual basis of a ton of these emissions. The Biden administration will use the updated social cost figures to inform federal regulations and major agency actions and to justify aggressive climate action as the United States evolves toward a “100% clean energy” economy wit...
To embed, copy and paste the code into your website or blog: On January 7, 2021, the Pension Benefit Guaranty Corporation (“PBGC”) issued final regulations updating its guidance under sections 4211 and 4219 of the Employee Retirement Income Security Act of 1974 (“ERISA”), which govern the calculation of an employer’s withdrawal liability and the payment of that liability, respectively. Specifically, the regulations provide simplified methods for calculating withdrawn employers’ allocable share of the plan’s unfunded vested benefits disregarding certain benefit reductions and con...
Monday, December 28, 2020 On November 16, 2020, the Internal Revenue Service (IRS) issued Notice 2020-82 (the Notice), to further extend the deadline for required minimum contributions for single-employer defined benefit pension plans that would otherwise be due during the 2020 calendar year, from January 1, 2021, to January 4, 2021. On the same day, the PBGC issued complementary guidance, in Technical Update 20-2 (the PBGC Update), to reflect the January 4, 2021, deadline established by the IRS in the Notice when calculating variable-rate premiums. The Coronavirus Aid, Relief, ...