News

Biden Administration Announces Tax Plans

By EsqSocial Corporation 08/06/21

On May 28, 2021, the Treasury Department released its General Explanations of the Biden Administration’s Fiscal Year 2022 Revenue Proposals (the Greenbook)....
By: Crowe & Dunlevy

Chair Gensler on 10b5-1 Trading Plans

By EsqSocial Corporation 08/06/21

Yesterday, speaking at a conference, Securities and Exchange Commission Chair Gary Gensler shared some thoughts regarding Rule 10b5-1 plans and how the SEC might “freshen up” the rule.  The Chair noted that currently there is no required cooling off period required when an insider establishes a p

Khan v. PTC, Inc.—Three Important Lessons From An Otherwise Unremarkable 401(k) Fee Case

By EsqSocial Corporation 08/06/21

According to Bloomberg Law, class actions challenging 401(k) plan fees are increasing at a record pace.

Counterfeiting: Why Crime Doesn’t Pay

By EsqSocial Corporation 08/06/21

Based on a recent restitution submission prepared by Faegre Drinker, a federal judge in Harrisburg, Pa. awarded Eli Lilly and Company $1.9 million in restitution from an individual convicted of trafficking in drugs bearing counterfeit trademarks of Lilly and other pharmaceutical companies.

District Court Denies Preliminary Injunction Against Colorado’s Equal Pay Act

By EsqSocial Corporation 08/06/21

On May 27, 2021, the U.S. District Court for the District of Colorado (court) denied Rocky Mountain Association of Recruiters’ (Rocky Mountain) motion for preliminary injunction.

The “State” of Telehealth: Illinois Moves to Expand Telehealth Coverage

By EsqSocial Corporation 08/06/21

On May 30, 2021, Illinois lawmakers passed House Bill 3308 (“HB3308” or the “Bill”) aimed at expanding the use of telehealth services in the state.

Water District Rate Increases Violated Proposition 218

By EsqSocial Corporation 08/06/21

A court of appeal invalidated a water district’s adopted rate increases, concluding that the district failed to meet its burden under Proposition 218 of establishing that the increases did not exceed the cost of providing the water service. KCSFV I, LLC v. Florin County Water District, No.

Payments regulatory news, June 2021

By EsqSocial Corporation 08/06/21

Proposed codified EU Regulation on cross-border payments: JURI draft report - The European Parliament's Legal Affairs Committee (JURI) has published a draft report containing a draft European Parliament legislative resolution on the European Commission's legislative proposal for a Regulation on c

Supreme Court Decision Impacts How FTC May Pursue Privacy Cases

By EsqSocial Corporation 08/06/21

The Supreme Court recently dealt a potential blow to the FTC’s enforcement tool chest.

Weekly IRS Roundup May 31 – June 4, 2021

By EsqSocial Corporation 08/06/21

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 31, 2021 – June 4, 2021...

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