News

FERC Allows Cooperatives to Share QF Purchase Obligation

By EsqSocial Corporation 30/04/21

FERC granted a partial waiver requested by a generation and transmission service cooperative (Petitioner) of certain obligations under FERC’s regulations implementing Section 210 of the Public Utility Regulatory Act of 1978 (PURPA), which mandates the purchase of power from qualifying facilities

FCC Sets Start Date for Emergency Broadband Benefit Program

By EsqSocial Corporation 30/04/21

After nearly four months of work, the FCC announced today that the Emergency Broadband Benefit Program (“EBBP”) will launch on Wednesday, May 12, 2021. Providers participating in the EBBP can begin enrolling eligible households into the program to receive supported service....

PNRR as the new Marshall Plan for Europe and Italy

By EsqSocial Corporation 30/04/21

On April 27, 2021, the Italian Parliament, in both Chambers, Representative and Senate, approved the National Recovery and Resilience Plan. Now the Government shall submit within April 30th the Plan to the European Commission for its final approval and the financing....

At Long Last: South Carolina Passes COVID-19 Liability Immunity

By EsqSocial Corporation 30/04/21

On April 28, 2021, Gov. Henry McMaster signed South Carolina’s COVID-19 Liability Immunity Act into law. The state’s employers will now have a defense that they are immune from liability if an employee claims s/he contracted COVID-19 at work....

A View From the Top: Dr. John Prunskis of Illinois Pain & Spine Institute and DxTx Pain & Spine

By EsqSocial Corporation 30/04/21

The interview below is part of a series from McGuireWoods that features interviews with C-suite leadership of private equity-backed portfolio companies.

Businesses Must Prepare For Expansive AML Reporting of Beneficial Ownership Interests

By EsqSocial Corporation 30/04/21

As covered in our earlier advisory, "AML Enforcement Continues to Trend in 2021," the recently passed National Defense Authorization Act for fiscal year 2021 included the Anti-Money Laundering Act of 2020 (AML Act), which expanded the reach of AML regulations and the tools available to law enforc

UK: The National Security and Investment Act receives royal assent

By EsqSocial Corporation 30/04/21

Watch out for the National Security and Investment Act which has now received royal assent although it is still not expected to come fully into force until this Autumn due to the amount of secondary legislation that needs to be prepared. ...

Bipartisan Group Of Attorneys General Seeks Repeal Of Trump-Era True Lender Rule

By EsqSocial Corporation 30/04/21

A bipartisan group of 25 AGs, led by Illinois AG Kwame Raoul, sent a letter to Congress urging it to use the Congressional Review Act (“CRA”) to rescind a Trump-era True Lender Rule, which provides guidance on determining whether a national bank or federal savings association is the “true lender”

PFAS And The Transition To The Biden Administration: The Implications Of Designating PFOA And PFOS As “Hazardous Substances” Under CERCLA

By EsqSocial Corporation 30/04/21

In recent years, there has been no shortage of interest and commentary dedicated to a group of chemicals known collectively as PFAS.

Federal Estate Tax Legislative Update

By EsqSocial Corporation 30/04/21

Four months into the 117th United States Congress, the anticipated federal legislative proposals to restructure the federal estate tax are finally seeing the light of day. Senator Bernie Sanders and others recently introduced the For the 99.5% Act (the “Act”).

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