News

UAE and Israel Sign Tax Treaty

By EsqSocial Corporation 07/06/21

On Monday, 31 May 2021, the UAE and Israel signed a tax treaty in order to boost economic cooperation. It is expected that, following ratification later this year, the treaty will come into effect on 1 January 2022.

New Oregon Legislation Further Restricts the Use of Noncompetition Agreements

By EsqSocial Corporation 07/06/21

The Oregon Legislature recently passed a new bill (SB 169) that will have a major impact on the use of noncompetition agreements in Oregon.

European Commission Approves New Standard Contractual Clauses for Transfer of European Personal Data

By EsqSocial Corporation 07/06/21

Earlier today, the European Commission approved and adopted a new version of the Standard Contractual Clauses (SCCs) that revises how data may be transferred by including additional privacy and legal safeguards.

Due Diligence-Prüfung von ESG-Kriterien und Reflektion im ESG-Reporting unter technischer und steuerlicher Betrachtungsweise

By EsqSocial Corporation 07/06/21

Bereits im Römischen Reich galt als wichtiger kaufmännischer Grundsatz „caveat emptor“, also „Augen auf vor Kauf“ und damit ´Käufer sieh dich vor´.

Derivative Exception to Insured v. Insured Exclusion Applies Only to Derivative Suits Brought by Non-Insureds

By EsqSocial Corporation 07/06/21

An Oklahoma federal court has held that a derivative exception to an Insured v. Insured (IvI) exclusion applied only to derivative lawsuits brought by non-insureds, and did not save coverage for a direct claim filed by an insured director that was pled in the alternative as a derivative claim.

Texas Department of Insurance Adopts Changes to Prompt Pay Reporting Requirements

By EsqSocial Corporation 07/06/21

The Texas Department of Insurance (the “Department”) announced earlier today that it has formally adopted its proposed changes to 28 Tex. Admin. Code § 21.2821, which lays out the prompt pay reporting requirements for managed care carriers (“MCC”).

Data Transfers from Europe: Final Version of New SCCs Published

By EsqSocial Corporation 07/06/21

The European Commission’s decision of 4 June 2021 finalises the new SCCs for transferring personal data from the EEA. After invalidation of the Privacy Shield by Europe’s top court, many businesses came to rely upon Standard Contractual Clauses (SCCs) for their data transfers.

Mobile Money Is Driving Financial Inclusion, but Beware the Risks

By EsqSocial Corporation 07/06/21

Mobile money products and services have taken off in many parts of the world, to the extent that in some regions they have become more widely used than traditional banking.

Missouri Supreme Court Voids 2018 Missouri Public Reform Law

By EsqSocial Corporation 07/06/21

On June 1, 2021, in a 5-2 decision, the Missouri Supreme Court sitting en banc affirmed a circuit court decision that voided in its entirety HB 1413, which was enacted by the Missouri legislature in 2018 and sought to change collective bargaining laws for public-sector labor organizations in the

Six Takeaways for Employers from EEOC’s Updated Guidance on Reopening Businesses Post-COVID

By EsqSocial Corporation 07/06/21

Now that many of us have been vaccinated, what should employers be doing to prepare for returning to a pre-COVID workplace? Throughout the pandemic, the federal Equal Employment Opportunity Commission (EEOC) has provided valuable guidance to businesses in this regard.

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