News

English High Court Blocks Financial Services Group From Bringing Excess Insurance Claim Against UK Reinsurers in South Africa Where Courts of England and Wales Had Exclusive Jurisdiction Under Excess Layer Reinsurance Contracts

By EsqSocial Corporation 24/05/21

After paying out more than $21 million in settlements for its mishandling of a collective investment scheme that collapsed in 2009, financial services group ABSA filed suit in South Africa against its reinsurers to enforce reinsurance contracts that purportedly provided compensation for the settl

Blog - Have Your Cake, and Closing Too: Invoking Prevention Doctrine, Delaware Chancery Court Grants Seller’s Request for Specific Performance in COVID-Related M&A Dispute

By EsqSocial Corporation 24/05/21

Chancellor McCormick’s opinion in Snow Phipps Group, LLC, et al. v. KCake Acquisition, Inc., et al. (Del. Ch.

Biden Administration Proposes Financial Surveillance Regime Likely to Catch Tax-Dodging Small Business Owners

By EsqSocial Corporation 24/05/21

Under present law, most Americans’ taxable income is reported by both the payor and the payee. Wage income is reported by the employer on a form W-2 and by the employee on an annual tax return.

Scammed or hacked? Overview of common fraud techniques and the corporate response playbook

By EsqSocial Corporation 24/05/21

Nobody is immune to scams and cyber-attacks. With the increase in scammers’ levels of sophistication, their targets have also increased in scale.

NNI Will Hold Public Webinar on Nanosensors for Food and Agriculture

By EsqSocial Corporation 24/05/21

The U.S. National Nanotechnology Initiative (NNI) will hold a webinar on June 2, 2021, on nanosensors for food and agriculture.

The Supreme Court Weighs in on the Telephone Consumer Protection Act

By EsqSocial Corporation 24/05/21

On April 1, 2021, the United States Supreme Court unanimously held that in order to qualify as an automated telephone dialing system under the Telephone Consumer Protection Act (the “TCPA”), a device must have the capacity either to store a telephone number using a random or sequential number gen

Fifth Circuit Turns to SCOTUS for New Definition of “Seaman”

By EsqSocial Corporation 24/05/21

The U.S. Fifth Circuit Court of Appeals sitting en banc recently rendered an important opinion for all employers of maritime workers who look to define their employees as either “seamen” or “other maritime workers.” In Sanchez v.

North Carolina General Assembly Week in Review - May 2021 #3

By EsqSocial Corporation 24/05/21

With crossover behind us, the legislature was a bit slower this week. While calendars were not jam packed with back-to-back committee meetings, lawmakers were still in town to discuss and approve several important pieces of legislation.

Call for changes to the way we vote. But will the lawmakers listen?

By EsqSocial Corporation 24/05/21

After every general election, the Electoral Commission (Commission) issues a report on how the election went and what, if any, improvements can be made.

Illinois Supreme Court Finds Insurance Coverage for Alleged Violations of BIPA

By EsqSocial Corporation 24/05/21

The Illinois Supreme Court ruled late last week in favor of a company seeking insurance coverage for defense of a lawsuit alleging the company had violated the Illinois Biometric Privacy Act (BIPA). The ruling in the case, West Bend Mutual Insurance Company v.

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