Good morning, The U.S. dollar has been the dominate force in the last 24 hours pushing GBPUSD to a low of 1.4085 and EURUSD down to 1.2105. The driving factor behind its success is the continued improvement of the US labour market. Yesterday, we saw Initial Jobless Claims come in at 385k vs an expected 390k. This […]
Are you thinking of buying a home in Spain as a foreign owner? Not sure what procedures to follow or how to begin? According to a report from the Association of Property and Commercial Registrars of Spain, the purchase of Spanish houses by foreigners, especially in tourist hotspots, was the source of 10.73% of all sales […]
One of the parties, namely the defendant, may file for bankruptcy during the proceedings. For example, when a lawsuit is filed to recover debt, the defendant, being the debtor, might file for bankruptcy. If the defendant goes bankrupt during the proceedings, the progression of the proceedings will differ depending on what is being disputed in […]
Well over a year after the pandemic began, federal OSHA has declined to adopt a set of COVID-19 regulations for general industry. Just yesterday, federal OSHA announced that it had “completed” the rulemaking process for the COVID-19 emergency temporary standard, which will only apply to healthcare industry employers. This long awaited rule is expected to […]
We have provided below the Frequently Asked Questions (FAQ) regarding amendments of manpower law provisions pursuant to Law No. 11 of 2020 on the Job Creation (“Omnibus Law”). 1. What are employment-related legal frameworks that have been amended by the Omnibus Law? In the employment sector, Omnibus Law amended 4 (four) laws, which are: Law […]
On May 13, 2021, the Quebec government tabled Bill 96, An Act respecting French, the official and common language of Quebec,1 which proposes various amendments to the Charter of the French Language.2 Once adopted and in force, this bill will impact several areas. We will focus here on the main changes affecting employers and their employees or potential […]
Hon’ble Delhi High Court in a recent common judgment passed on June 01, 2021, in “Arjun Ahluwalia Vs. Air India Limited” and other similar forty (40) other petitions involving pilots of Air India Ltd. (‘Airline’), allowed the writ petitions in favour of the employee pilots who sought withdrawal of their resignation letters tendered pre-Covid-19 time, […]
Some clients ask why all the formalities when we execute estate planning documents such as a Will. When a client comes in to sign a Will, we always assist the client with witnesses and a notary. In many states, a Will is not valid if not witnessed by at least two individuals. A DC case […]
Address the Tax Challenges of the Digital Economy’ – the Action 1 of the “Action Plans on Base Erosion and Profit Shifting” issued by the Organisation for Economic Co-operation and Development (OECD) in 2013 required identifying the main difficulties that the digital economy poses for the application of existing international tax rules. Action 1, then, recognized […]
There has been a lot of talk that taxes are going up. In fact, there are two proposals from the Biden administration in play, the American Jobs Plan and the American Families Plan. Here are some highlights (or lowlights, depending on your perspective): Top individual tax bracket will rise from 37% to 39.6%; Corporate tax […]
Victims of fraud often face an uphill battle in seeking restitution for their loss. While claims grounded in contract, tort, and equity are available to such victims, the reality is that direct enforcement of such claims against fraudsters is difficult, since “fraudsters often end up in jail, and their larceny-riven estates in bankruptcy.”[1] Additionally, the insolvency […]
New Delhi is the national capital of India and having an office in this city is considered to be a matter of stature. Central Government is run from here and all ministries, embassies are stationed here. It is an upcoming trade center of Asia. It is located at the center of the country. It has […]
