News

DHS Again Postpones REAL ID Deadline

By EsqSocial Corporation 03/05/21

The U.S. Department of Homeland Security (DHS) has again postponed the deadline for compliance with the REAL ID Act of 2005, until May 3, 2023. Under the REAL ID Act, federal agencies may not accept state-issued driver’s licenses or ID cards for “official purposes”......

Illinois Appellate Court Finds Improper Use of OMA Litigation Exemption

By EsqSocial Corporation 03/05/21

The Illinois Appellate Court recently issued an opinion providing additional guidance about the “probable or imminent” litigation exception to the Open Meetings Act (OMA) open meeting requirement....
By: Franczek P.C.

Restaurant Revitalization Fund Applications

By EsqSocial Corporation 03/05/21

President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law on March 11, 2021, establishing the $28.6 billion Restaurant Revitalization Fund (RRF) to provide broad-based financial relief to a U.S. food service industry devastated by the COVID-19 pandemic. ...

AI & Algorithms (Part 3): Why the EU’s AI regulation is a groundbreaking proposal

By EsqSocial Corporation 03/05/21

On April 21, 2021, the European Commission published its bold and comprehensive proposals for the regulation of artificial intelligence. With suggested fines of up to 6% of annual global turnover, as well as new rules and prohibitions governing high-risk AI systems ......

New York City Executive Order Imposes Sexual Harassment Reporting Requirements on Organizations that Contract with City Agencies

By EsqSocial Corporation 03/05/21

New York City Executive Order 64 (the “Order”) imposes new sexual harassment reporting requirements on organizations that contract with New York City agencies for “human services.”...
By: Littler

Privacy & Cybersecurity Update - April 2021

By EsqSocial Corporation 03/05/21

In this month's edition of our Privacy & Cybersecurity Update, we examine the Second Circuit's ruling allowing standing for increased risk of identity theft following a data breach, the European Commission's recently released Draft AI Regulation, the U.S.

Country-Specific Admission Bans Expanded to Include India

By EsqSocial Corporation 03/05/21

In response to the surge in COVID-19 cases in India, the Biden-Harris administration announced on April 30 that the COVID-19-related admission bans currently in place will be expanded to include travelers from India.

Murabaha financings post-AAOIFI Standard 59 – a couple of alternative approaches while the dust settles

By EsqSocial Corporation 03/05/21

The adoption of Shari'a Standard Number 59 regarding the Sale of Debt (Standard 59) by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and, in turn, in the United Arab Emirates (UAE) by the UAE Central Bank is causing some consternation for those involved in I

MarkIt to Market® - April 2021: Sole Mates (or Not) – Takeaways from Nike v. Satan Shoes

By EsqSocial Corporation 03/05/21

It was hard to escape news last month of the “Satan Shoes” collaboration between Lil Nas X and Brooklyn art collective MSCHF Product Studio (“MSCHF”).

Top 10 Items to Consider When Structuring Your ESG Facility

By EsqSocial Corporation 03/05/21

ESG-focused investment funds raised a record amount last year – estimated at more than $50 billion in new investor money. This trend is expected to not only continue but accelerate over the next few years....

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