News

Opening for Business? Issues for Employers

By EsqSocial Corporation 05/05/20

As states and municipalities begin to ease shelter in place restrictions, employers who have been closed or operating at reduced capacity are anxiously awaiting a return to more normal operations. Reopening will not, however, mean an immediate return...

European Commission Publishes Draft Delegated Regulations on ESG Disclosures in Benchmarks

By EsqSocial Corporation 05/05/20

The three draft delegated regulations set out sustainability criteria and ESG disclosure requirements for benchmarks provided in accordance with the EU Benchmarks Regulation. Key Points: ..The measures follow amendments to the EU Benchmarks...

Naming Conventions: According to the Ninth Circuit, Not Every Comic Convention Is a “Comic-Con”

By EsqSocial Corporation 05/05/20

Even devoted comic book fans and other true believers might not know that the term “Comic-Con” is meant to refer to the king of comic conventions - the San Diego Comic Convention (“SDCC”) - not all comic conventions in general. Until now! In the...

Texas Supreme Court Creates New Exception to "Eight-Corners Rule"

By EsqSocial Corporation 05/05/20

In disputes concerning an insurer’s duty to defend, Texas courts may now consider extrinsic evidence of fraud and collusion designed to secure a defense. On May 1, 2020, the Texas Supreme Court delivered its opinion in Loya Insurance Company v....

NRC to Conduct NEPA Scoping to Prepare GEIS for Advanced Nuclear Reactors

By EsqSocial Corporation 05/05/20

The NRC on April 30 published a notice of its intent to conduct scoping and gather information necessary to develop a Generic Environmental Impact Statement (GEIS) for small-scale advanced nuclear reactors (ANRs)....

A Resurgence of Residential Mortgage Repurchase Claims on the Horizon

By EsqSocial Corporation 05/05/20

A surge in repurchase claims against mortgage originators may be imminent as aggregators and servicers face nonpayment of debt obligations and liquidity shortfalls resulting from an increase in residential mortgage loans put in forbearance. In the...

Expenses Paid With Proceeds of Forgiven PPP Loans Are Not Deductible

By EsqSocial Corporation 05/05/20

The IRS issued Notice 2020-32 explaining that otherwise deductible business expenses paid for with the proceeds of a forgiven PPP loan are not deductible for federal income tax purposes. This means that when a taxpayer pays eligible costs with a PPP...

Trademark Deadlines Extended to June 1, 2020 Due to COVID-19

By EsqSocial Corporation 05/05/20

The previously-enacted CARES Act provided the United States Patent and Trademark Office (“USPTO”) with the authority to toll, waive, adjust, or modify any timing deadline established by the Trademark Act, or any regulations promulgated thereunder, if...

Connecticut Updates Face Mask Rules for Essential Employers

By EsqSocial Corporation 05/05/20

Effective April 17, 2020, the Connecticut Department of Economic and Community Development (DECD) significantly revised its recently issued Safe Workplace Rules for Essential Employers (the “Rules”)....

Performance-Based Compensation and the Coronavirus: 10 Key Questions

By EsqSocial Corporation 05/05/20

Economic disruptions resulting from the COVID-19 pandemic have caused many employers to make changes to employee compensation, such as reducing or deferring base salaries, as part of cost-cutting measures. Bonus programs and other...

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