The following notes provide a general overview of the regulations issued in the Bolivarian Republic of Venezuela (“Venezuela”) to address and prevent the COVID-19 outbreak as of April 18, 2020. Please note that these notes do not provide legal opinions nor are they intended to provide legal assistance in specific situations. In case you require […]
By Conn Maciel Carey’s COVID-19 Task Force On April 10, 2020, the District of Columbia passed the COVID-19 Response Supplemental Emergency Amendment Act of 2020 (“the Act”). Among other things, the Act amends the D.C. Accrued Sick and Safe Leave Act of 2008 by creating a new category of paid leave called “Declared Emergency Leave.” This is in […]
April 21, 2020 Pursuant to an April 15, 2020 Order from the Pennsylvania Secretary of Health, all businesses remaining open during the COVID-19 pandemic that have employees going into work, must follow certain health and safety practices to limit further spread/exposure. Some are common sense, but some are much more stringent such as requiring temperature screenings […]
On Wednesday, April 22, 2020 at 1:00 PM Eastern, Kara M. Maciel and Lindsay A. DiSalvo will present a complimentary webinar regarding “Impact of the #MeToo Movement: Changes in Enforcement and State Law.” Over the past three years, we have seen the continued momentum of the #MeToo Movement and its impacts – beyond the immediate and direct effects of the specific allegations […]
On Wednesday, April 22, 2020 at 1:00 PM Eastern, Kara M. Maciel and Lindsay A. DiSalvo will present a complimentary webinar regarding “Impact of the #MeToo Movement: Changes in Enforcement and State Law.” Over the past three years, we have seen the continued momentum of the #MeToo Movement and its impacts – beyond the immediate and direct effects of the […]
As a result of significant operational downturns stemming from the coronavirus (COVID-19) pandemic, many tenants of real estate investment trusts (REITs) are struggling to pay rent and honor other terms of their leases. Consequently, REIT landlords are experiencing or will soon experience a negative effect on their own near-term cash flows and, ultimately, their overall […]
The New York Stock Exchange (NYSE) and the Nasdaq Stock Market (Nasdaq) recently granted temporary relief and issued guidance to assist companies that are in imminent danger of immediate delisting and/or that are experiencing urgent liquidity needs as a result of the COVID-19 pandemic. The relief and guidance are designed to reduce uncertainty regarding the […]
In view of the pandemic COVID-19, the Ministry of Corporate Affairs (“MCA”), had issued circular no. 14/2020 (“Circular”) to facilitate companies to pass the ordinary and/or special resolutions through video conferencing (“VC”) or any other audio visual means (“OAVM”), to avoid convening of physical general meetings for urgent matters. The stakeholders made representations to the […]
There are six common requests for evidence from USCIS. This article will quickly outline what these requests are. The most common requests for evidence from USCIS are the following: Needs of the Petitioner for the Services of the Beneficiary Specialty Occupation Maintenance of Status Validation Instrument for Business Enterprises (VIBE) Employer-Employee Relationship Beneficiary Qualifications Needs […]
The Reserve Bank of India (“RBI”) has issued a circular bearing number RBI/2019-2020/214 A.P. (DIR Series) Circular No. 30 dated 15 April 2020 (“Circular 30/2020”) clarifying that: (i) The aggregate investment limits for Foreign Portfolio Investors (“FPIs”) in Government securities (G-secs) and State Development Loans (SDLs) will remain unchanged at 6% and 2% respectively, of […]
In the age of COVID-19, “irrevocable” doesn’t always mean “forever.” The IRS is providing significant tax advantages to companies that are now permitted to take back their once irrevocable elections regarding the deduction of interest expenses for improvements to non-residential real estate. Previously, businesses with more than $25,000,000 in average annual gross receipts for tax […]
By Conn Maciel Carey’s COVID-19 Task Force As concerns about the spread of COVID-19 grow, many employees working in essential businesses have sought to provide or require some form of respirator, face mask, or face covering for employees. Now, the CDC and White House are recommending that everyone wear some form of face covering any […]