News

License to Compete: Navigating the New Landscape of Intellectual Property in the Wake of the FTC’s Non-Compete Ban

By EsqSocial Corporation 03/05/24

The Federal Trade Commission (FTC) has introduced a transformative rule that bans most non-compete agreements across various industries.[1] Announced on April 23, 2024, following a 3-2 vote by the FTC Commissioners, the rule represents a significant policy shift aimed at increasing market competi

State Department Proposes Amendment to ITAR, Aiming to Bolster AUKUS Partnership

By EsqSocial Corporation 03/05/24

On May 1, 2024, the U.S. State Department published a proposed rule to reduce International Traffic and Arms Regulations (ITAR) licensing requirements for the transfer of defense articles or services between the United States, Australia, and the United Kingdom (together, AUKUS).

Responsible AI – Everyone is Talking About it But What Is It?

By EsqSocial Corporation 03/05/24

The development of AI continues to advance at a blistering pace, increasing the need for companies to employ AI governance and adopt policies for the responsible development and deployment of AI. While the term “responsible AI” is frequently used, it is rarely understood and often complex.

Treasury and IRS Issue Guidance on Calculating Lifecycle GHG Emissions for IRA’s Sustainable Aviation Fuel Tax Credit

By EsqSocial Corporation 03/05/24

The IRA created substantial tax credits for SAF. Under Section 40B, SAF producers who meet certain requirements can claim a credit of at least $1.25 per gallon of SAF.

Scope and Impact of the FTC’s Non-Compete Rule for Employers

By EsqSocial Corporation 03/05/24

On April 23, the Federal Trade Commission (FTC) voted to adopt a monumental final rule prohibiting employers from entering into non-competes against all workers within the jurisdiction of the FTC – a move that is poised to reshape how employers approach employment agreements....

The Supreme Court of Israel Issues Groundbreaking Decision on Derivative Claims, Referencing Article Co-Authored by Sullivan Partner Amichay Tessler

By EsqSocial Corporation 03/05/24

Tel Aviv, Israel – Recently, in a precedential case, the Supreme Court of Israel (the "Supreme Court") cited and based its groundbreaking decision on an article co-authored by Amichay Tessler, a litigation partner in Sullivan & Worcester's Tel Aviv office.

Estate Planning for the Business Owner Series, Part 3: Examples of Business Transfers and Valuations

By EsqSocial Corporation 03/05/24

The purpose of this post, part three of our “Estate Planning for the Business Owner” series, is to provide a sample using real numbers showing the impact and benefit of using closely held business interests in lifetime gifting.

Lyon, France: INTERPOL’s CCF- This Year’s Schedule (part 2 of 3)

By EsqSocial Corporation 03/05/24

Our last post discussed the CCF’s scheduled sessions for 2024 and how more time may be necessary for the CCF to issue timely responses and make timely decisions.

Opportunity for Innovative Companies to Shape U.S. Patent and Trademark Office Initiatives

By EsqSocial Corporation 03/05/24

The United States Patent and Trademark Office (USPTO) is requesting public comment on how they can accelerate and incentivize the commercialization of innovative technologies. Public comments can be submitted via this link by May 14, 2024....

Assessing Payroll Rounding Policies After Wage Hour Class Action Suit

By EsqSocial Corporation 03/05/24

A recent concern in the healthcare sector, specifically hospitals, is a large class action wage hour claim in the state of Washington, Bennett v. Providence Health & Services.

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