News

Highlights From The Final Carried Interest Regulations

By EsqSocial Corporation 27/01/21

On January 7, 2021, the U.S. Treasury Department and the Internal Revenue Service released final regulations under Section 1061 of the Internal Revenue Code of 1986, as amended (“the Code”).

'Put the Brakes on Class Actions': Australian Parliamentary Joint Committee Report

By EsqSocial Corporation 27/01/21

The Situation: Australia has become a hot spot for class actions fueled in large part by litigation funders, who have operated for many years in a largely unregulated market and have derived spectacular returns from their investment―in some cases, more than 500%.

US Courts Gain Prominence as ‘Anchor’ Forum for Enforcing International Arbitration Awards

By EsqSocial Corporation 27/01/21

A growing number of cases in which private parties are seeking enforcement of very large arbitration awards are percolating through the U.S. courts.

New Guidance Significantly Expands NY COVID-19 Sick Leave

By EsqSocial Corporation 27/01/21

Approximately 10 months after New York state enacted a law providing paid leave for New York workers who have been quarantined or isolated as a result of COVID-19 (COVID-19 Sick Leave), the New York State Department of Labor issued new guidance that significantly expands on employers’ obligations

L.A. City and County COVID-19 Weekly Update - CA Health and Government COVID-19 Guidance: Week in Review - January 2021 #2

By EsqSocial Corporation 27/01/21

COVID-19 Rates on Apparent Downward Trajectory - On January 21, 2021, the Los Angeles County Department of Public Health (LADPH) noted that for the past weeks, the seven-day average number of cases was 10,560, a decrease of 30%. New cases were down 7% since Thursday, January 14, 2021.

Supreme Court of Canada leave applications – January 2021

By EsqSocial Corporation 27/01/21

Supreme Court denies leave in infliximab patent infringement action - On January 8, 2021, the Supreme Court of Canada denied leave to Janssen and Kennedy Trust (Docket No.

Key Considerations for the 2021 Annual Reporting and Proxy Season Part I: Form 10-K Considerations

By EsqSocial Corporation 27/01/21

This is Part I of a two-part memorandum series outlining key considerations from White & Case’s Public Company Advisory Group for US public companies during the 2021 annual reporting and proxy season.

Arizona Kicks Off Adult-Use Cannabis Sales in Record Time

By EsqSocial Corporation 27/01/21

Last Friday, on January 22 — less than three months after voters approved Proposition 207 legalizing recreational marijuana — the Arizona Department of Health Services (“ADHS”) opened the state to recreational cannabis sales.

Mexican Employers Will Need To Adapt To New Teleworking Measures

By EsqSocial Corporation 27/01/21

Mexican President Andrés Manuel López Obrador just signed into effect an amendment to Federal Labor Law that radically reforms its teleworking provisions – among other things, it will require employers to enter into written contracts with each remote worker on its workforce.

Despite Pandemic-Related Disruptions, Securities Class Action Filings Remain High With No Signs of Slowing

By EsqSocial Corporation 27/01/21

Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continued to bring securities class actions at elevated levels in 2020 — a sign that filings will remain high in the year ahead.

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