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Before the Storm: How to Use Insurance to Prepare for and Recover from Hurricane Laura

Highlights

LNG Developments Post-COVID-19

President Trump Extends and Expands Visa Restrictions

VAT and Customs Duty Increases in Saudi Arabia – Implications for Investment into the Kingdom

Many Companies With More Than 500 Employees Could Qualify For Stimulus Loans

As the nation scrambles to take advantage of the $2 trillion stimulus benefits in the CARES Act, numerous sources have stated that only businesses with 500 or fewer employees are eligible to apply for loans under the Act’s Paycheck Protection...

COVID-19: EPA Enforcement Discretion Policy

Energy Legal Blog®

Today, the U.S. Environmental Protection Agency (EPA) issued a policy memorandum on the exercise of enforcement discretion due to the evolving impact of the COVID-19 pandemic in the United States. Susan Parker Bodine, Assistant Administrator for Enforcement...

Federal Stimulus Money is Coming Soon – Increased Federal Enforcement Won't Be Far Behind

Many companies will naturally want a piece of the $2 trillion federal stimulus package aimed at combating the economic consequences of the coronavirus pandemic currently making its way through Congress. However, be careful what you wish for. History teaches that...

Climate change disclosures for premium-listed companies on the London stock exchange

Climate change is now a regular feature of boardroom discussions. Companies have acknowledged that it will directly impact their business, with the former Bank of England Governor Mark Carney recently noting that “changes in climate policies, new technologies and growing...

The CARES Act Provides Significant Relief With Respect to Distributions From Qualified Retirement Plans

Late last night, the U.S. Senate passed by a vote of 96-0 the Coronavirus Aid, Relief and Economic Security Act (the CARES Act). In addition to, among other things, financial assistance to individuals and certain businesses, the CARES Act provides...

Texas Community Bank Holding Companies may Conduct "Virtual" Shareholder Meetings

Texas community bank holding companies may want to reconsider plans for upcoming annual shareholder meetings in light of health, transportation and other logistical issues raised by the spread of coronavirus disease 2019 (COVID-19). Although Texas corporations are required to hold...

Amid "Stay Home. Work Safe" Orders, Community Banks Remain Open for Business Under Designation as "Critical Infrastructure Sector"

On March 24, 2020, Harris County Judge Lina Hidalgo, in coordination with Houston Mayor Sylvester Turner, issued a mandatory “Stay Home. Work Safe.” order, effective at 11:59 pm March 24, to preserve public health and safety in Harris County in...

Is Your Manufacturing Operation an "Essential Business" in the Age of the Coronavirus?

As a business with manufacturing operations that cannot be operated remotely by employees at home, it is challenging to comply with health and safety obligations in the age of the Coronavirus (COVID-19), while also preserving the financial integrity of the...

Regulating Broker-Dealers at a (Social) Distance: FINRA Provides COVID-19 Business Continuity Planning Guidance and Regulatory Relief

In just a short period of time, the COVID-19 pandemic has triggered a revolution in how we live our lives and do our jobs. These changes have extended to the regulation of the financial industry. While FINRA emphasizes that it...

COVID-19 Tax Update: Tax Return Filing and Tax Payment Relief

Last week, in a pair of notices released under President Trump’s March 13, 2020 Emergency Declaration relating to the coronavirus pandemic, the IRS and the Treasury Department offered relief for tax return filing and tax payment deadlines to certain taxpayers...

COVID-19 and "Electronic" Execution of English Law Documents

Energy Legal Blog®

In light of the on-going Covid-19 pandemic, many organisations are implementing remote working policies and limiting access to offices in order to effect social distancing measures. Notwithstanding the changes to usual working practices, organisations continue to enter into binding contractual...

COVID-19 and “Electronic” Execution of English Law Documents

Energy Legal Blog®

President Trump Signs Families First Coronavirus Response Act

On March 18, 2020, President Donald Trump signed into law the Families First Coronavirus Response Act (the “FFCRA”). The FFCRA seeks to assist employees impacted by novel coronavirus (“COVID-19”) and applies to employers with fewer than 500 employees. The U.S...

DOJ Wins Groundbreaking Arbitration to Resolve Merger Challenge

The U.S. Department of Justice Antitrust Division (DOJ) has prevailed in a first-of-its-kind arbitration, resolving its challenge to aluminum producer Novelis Inc.’s $2.6 billion proposed acquisition of rival Aleris Corporation. As a result of the arbitrator’s ruling in favor of...

Compliance Preparedness During the COVID-19 Outbreak—Lessons From A Prior Crisis

In times of economic uncertainty companies face numerous enterprise-wide risks. The COVID-19 pandemic exponentially magnifies these risks, but critical lessons learned from the 2008 financial crisis can help blunt the impact. While concerns over business continuity, cash flow and fulfilling...

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