News

Employers Note: Virginia Bans Noncompetes for All Overtime-Eligible Workers

By EsqSocial Corporation 15/04/25

Beginning July 1, 2025, Virginia will prohibit noncompete agreements for all employees eligible for overtime pay. The new law builds on previous prohibitions for “low-wage employees” in the Commonwealth....
By: McGuireWoods LLP

Paycheck Protection Program (“PPP”) Loan Fraud: A Survey & Analysis of Recent Civil & Criminal Enforcement Outcomes

By EsqSocial Corporation 15/04/25

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who were suffering the economic effects caused by the COVID-19 pandemic....

SEC Issues Crypto Securities Disclosure Statement as IRS DeFi Broker Rule Repealed

By EsqSocial Corporation 15/04/25

The Securities and Exchange Commission (SEC) Division of Corporation Finance issued a new statement about SEC staff’s experience with SEC disclosure requirements for crypto-related offerings that qualify as securities.

Stop the Clock Directive Grants Delays in Corporate Sustainability Reporting and Due Diligence

By EsqSocial Corporation 15/04/25

The European Council has approved the Directive, which offers a temporary relief to companies facing requirements under the CSRD and CSDDD....
By: Latham & Watkins LLP

Litigation Minute: Emerging Contaminants: Defending Litigation

By EsqSocial Corporation 15/04/25

What You Need to Know in a Minute or Less - Effectively defending emerging contaminant litigation requires counsel capable of navigating extremely complex scientific issues related to causation, while also not losing sight of more common legal defenses like statutes of limitations or standing....

New UK Consumer Law Regime Comes Into Force

By EsqSocial Corporation 15/04/25

On 6 April 2025, the unfair commercial practices provisions of the Digital Markets, Competition and Consumers Act 2024 (DMCC Act) entered into force, ushering in a new enhanced consumer enforcement regime administered by the UK Competition and Markets Authority (CMA)....

Cyber 101: Understand the Basics of Cyber Liability Insurance

By EsqSocial Corporation 15/04/25

Cyber risk has grown demonstrably in frequency and severity in the past 10 years—and, in tandem, the cyber insurance policy has grown in breadth and complexity.

Micro-Captive Reportable Transaction Deadline Effectively Extended

By EsqSocial Corporation 15/04/25

On Friday, April 11, 2025, the Internal Revenue Service issued Notice 2025-24 (the “Notice”), which waives applicable penalties under the Internal Revenue Code to participants in, and material advisors to, reportable micro-captive insurance transactions so long as requisite disclosure statements

The European Accessibility Act: What should financial services firms be focusing on as the June 2025 compliance deadline approaches?

By EsqSocial Corporation 15/04/25

There are over 80 million people with disabilities in the EU. The European Accessibility Act 2019 (EAA) (Directive (EU) 2019/882) implements the UN Convention on the Rights of Persons with Disabilities (UNCRPD) and aims at providing greater accessibility to everyday goods and services.

Update on Missouri’s Proposition A: Status of Earned Paid Sick Time Law

By EsqSocial Corporation 15/04/25

Employers must provide notice of Missouri’s new earned paid sick time (PST) requirements no later than April 15, 2025—ahead of the May 1, 2025, effective date of the state’s new PST law, or Proposition A, passed by voters in November 2024—but much uncertainty surrounds the PST provisions due to a

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