News

The End of LIBOR: Crucial Liquidity Measures by the Federal Reserve System

By EsqSocial Corporation 16/03/20

In order to deal with the tremendous recent market disruptions and related liquidity needs, the Federal Reserve System, through the Federal Reserve Bank of New York (New York Fed), on March 12 offered $500 billion in 3-month term repos to settle on...

COVID-19 Measures: U.S. Travel Ban Expanded to U.K. and Ireland

By EsqSocial Corporation 16/03/20

The Trump Administration issued a Proclamation extending travel restrictions to travelers from the U.K. and Ireland. The ban will take effect at 11:59 pm ET on Monday March 16, 2020. Impacted travelers include most foreign nationals who have been...

Ceviche House Sued by EEOC for Sexual Harassment, Retaliation, and Forcing Employee to Quit (Spanish)

By EsqSocial Corporation 16/03/20

The Owner and General Manager of the Restaurant Sexually Harassed an Employee, Retaliated and Forced her Resignation, Accuses Federal Agency - SAN JUAN, PUERTO RICO - Limeños Corporation, which operates as Ceviche House, violated federal law when a...

Child Labor Law Enforcement On The Rise

By EsqSocial Corporation 16/03/20

The Department of Labor started off 2020 by focusing its enforcement efforts on child labor law compliance. In January, several large quick-service franchisee restaurants were slapped with hefty penalties for violating child labor laws. The...

Breach of Contract May Be Plead in the Alternative to Legal Malpractice, but Punitive Damages are not an Option

By EsqSocial Corporation 16/03/20

Signal Financial Holdings LLC and Signal Funding LLC (together “Signal”) accused a former Signal executive, Farya Jafri (“Jafri”), of misappropriating trade secrets while separating from Signal and using them to compete against Signal. Signal sued...

Pending Coronavirus legislation may impact your paid leave and FMLA obligations

By EsqSocial Corporation 16/03/20

Expected to pass the Senate later today, the Families First Coronavirus Response Act passed by the House early Saturday, March 14, 2020 creates several significant paid leave requirements for employers. Even employers not usually covered by the...

The Case Of The Insufficient Majority

By EsqSocial Corporation 16/03/20

California Corporations Code Section 307(a)(8) provides that an act or decision done or made by a majority of the directors present at a meeting duly held at which a quorum is present is the act of the board, subject to the provisions of Section 310...

The Ongoing Battle Over How ESI is Produced: eDiscovery Trends, Part Four

By EsqSocial Corporation 16/03/20

Editor’s Note: Tom O’Connor is a nationally known consultant, speaker, and writer in the field of computerized litigation support systems. He has also been a great addition to our webinar program, participating with me on several recent webinars....

Five Things to Think About – Buying Assets from Distressed Companies

By EsqSocial Corporation 16/03/20

The oil plunge starting on March 6 seems like a sucker-punch to the oil and gas industry after the price decreases and market unrest as a result of COVID-19. However, for those with capital to spend, it will lead to opportunities to acquire assets...

OTA & Travel Distribution Update: Marketing investments by OTAs increase again; short-term rentals platforms' landmark data-sharing agreement with the EU; Trump Administration orders Shiji to unwind its acquisition of hotel tech firm

By EsqSocial Corporation 16/03/20

While this week’s Update does not include stories about Coronavirus and its potentially disastrous effects on the lodging and travel industries, I’m sure it will only be a matter of time. We are already hearing stories of distributors’ troubling...

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