News

“Big, Beautiful Bill”: Federal Tax Bill Would Restrict the Employee Retention Credit

By EsqSocial Corporation 21/05/25

A sweeping federal tax bill that is currently under consideration in the US House of Representatives contains provisions that would significantly change the administration and enforcement of the Employee Retention Credit (ERC)....

Bid Protest Minute – Protest Underscores Importance of Prejudice, Past Performance Requirements, and Protest Timing

By EsqSocial Corporation 21/05/25

On May 7, the Government Accountability Office (GAO) dismissed a protest challenging the terms of a solicitation for being unduly restrictive. The protest highlights three important considerations that contractors should understand when deciding to file a protest: 1.

GHOS Meeting: Basel III implementation and climate-related financial risks

By EsqSocial Corporation 21/05/25

The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision (BIS), met to discuss the implementation of Basel III and its work on climate-related financial risks.

What Means Means for Mushrooms and Marijuana: How Might Trump’s Surgeon General Nominee Shift the Conversation for Cannabis and Psychedelics?

By EsqSocial Corporation 21/05/25

Earlier this month, President Trump tapped “physician-turned wellness influencer” Casey Means as his nominee for surgeon general. Means has close ties to Health and Human Services Secretary Robert F. Kennedy Jr., and Trump has touted her “impeccable” Make America Health Again (MAHA) credentials.

EBA updated report on monitoring of LCR and NSFR

By EsqSocial Corporation 21/05/25

The European Banking Authority (EBA) has published an updated report, together with a press release, on the monitoring of the liquidity coverage ratio (LCR) and the net stable funding ratio (NSFR) in the European Union.

Does “Indemnify” = “Hold Harmless”?

By EsqSocial Corporation 21/05/25

Does this sound familiar? Nearly every construction contract contains an indemnification provision with some variation of these terms. And if you have ever negotiated a construction contract, you know that indemnification provisions often feature in those discussions.

Tax Bytes: Week of May 19, 2025

By EsqSocial Corporation 21/05/25

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to provide updates you need to know for your business....

DOJ Formalizes Plan to Use False Claims Act to Enforce “Civil Rights Fraud”

By EsqSocial Corporation 21/05/25

Key Takeaways: - The U.S.

SEC Issues New C&DIs re: Compensation Clawback Disclosures and De-SPACs

By EsqSocial Corporation 21/05/25

On April 11, 2025, the Division of Corporation Finance issued new compliance and disclosure interpretations (C&DIs), six of which relate to executive compensation clawback disclosures and one of which relates to the suspension of Exchange Act reporting obligations for co-registrants following

Client Alert: What’s Next for the AI Diffusion Rule

By EsqSocial Corporation 21/05/25

The Trump administration recently announced its intent to scrap the so-called AI diffusion rule, a complex regulation the Biden administration published in January to govern the global export of AI technology and maintain US AI leadership.

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