COVID-19 News, Member News

Cozen O’Connor | What Federal Contractors Need to Know About the Biden Administration’s Vaccine Mandate

On September 9, 2021, President Biden announced an executive order (EO) that expands upon the administration’s goals of requiring both federal employees and contractors and subcontractors working in connection with federal contracts to receive a vaccine against COVID-19. The new requirements are much more aggressive than the administration’s safety protocols previously issued on July 29, which only required verification of vaccination status or testing for government employees and onsite contractors. The new EO eliminates the testing option and expands...

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COVID-19 News, Member News

Vulcan Insight | EU removes US from covid-safe travel list

Following a spike in infection rates in the US, EU governments have taken the decision to remove the country from its covid-safe travel list. The US had been on the list since June, when the Council of the EU decided to lift restrictions on all American travelers just as the summer tourism season kicked off. At the time, the US had higher vaccination levels than most of Europe, and was seeing relatively low transmission rates. The EU’s new recommendation differentiates between vaccinated and...

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Chapter News, COVID-19 News

Coronavirus: 70% of the EU adult population fully vaccinated

Today, the EU has reached a crucial milestone with 70% of the adult population now fully vaccinated. In total, over 256 million adults in the EU have now received a full vaccine course. Seven weeks ago already, the Commission's delivery target was met, ahead of time: to provide Member States, by the end of July, with enough vaccine doses to fully vaccinate 70% of the adult EU population. The President of the European Commission, Ursula von der Leyen, said:  “The full...

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COVID-19 News, Member News

Cozen O’Connor | Green Card Applicants Must Receive the COVID-19 Vaccine

On August 24, 2021, the U.S. Centers for Disease Control and Prevention (CDC) announced a new policy that will require foreign nationals applying for a U.S. permanent resident card (green card) to be fully vaccinated against COVID-19. Beginning on October 1, 2021, all green card applicants must submit proof of COVID-19 vaccination as part of their Form I-693 medical examinations. Any individual who refuses to be vaccinated, and does not qualify for any of the agency's limited exemptions, will...

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COVID-19 News, Member News

Ad Altius | Pandemic PTSD in Business is Real: Here’s What to Do About It

We hope you enjoy this exclusive article written by Thomas Brown, CEO of AD ALTIUS ADVISORS | The COVID-19 pandemic has been the most traumatic global event in generations. When we consider the costs of this trauma, we rightly think first about those whom we’ve lost and those they left behind, perhaps followed by those whose livelihoods were taken away. In the business community, we might focus on the billions of dollars in value that were erased. All of these...

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COVID-19 News, Member News

RPJ Law | Ring of Keys: NYC’s Proof of Vaccination Program

On August 17, 2021, the Key to NYC program, which requires proof of vaccination for indoor activities in New York City, including attending theatrical and other performing arts events, went into effect.  Under the program, individuals age 12 and older are required to show proof that they have received at least one dose of a COVID-19 vaccine in order to attend not only NYC-based performing arts, but all indoor activities, including restaurants and bars, as well as movie theaters, bowling alleys,...

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Chapter News, COVID-19 News

State aid: EU Commission gives green light to new synthetic securitisation product under the European Guarantee Fund to further support SMEs affected by the coronavirus outbreak in 22 Member States

The European Commission approved, under EU State aid rules, the introduction of a new  product in the the form of guarantees on synthetic securitisation tranches under the European Guarantee Fund managed by the European Investment Bank Group (consisting of the European Investment Bank, “EIB” and the European Investment Fund, “EIF”) to support companies affected by the coronavirus outbreak in the 22 participating Member States. With an envisaged dedicated budget of €1.4 billion, the new product is expected to mobilise...

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COVID-19 News, Member News

Littler | Mandatory Vaccines or Mandatory Testing? A “Soft Approach”

In its recently amended Technical Assistance Guidance (What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws), the Equal Employment Opportunity Commission (EEOC) made clear that an employer may require COVID-19 vaccines for employees and exclude those with COVID-19, or symptoms associated with COVID-19, from the workplace, because their presence would pose a direct threat to the health or safety of others. Many employers may want to avoid drawing a red line between vaccinated...

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Chapter News, COVID-19 News

Coronavirus: EU Commission approves new contract for a potential COVID-19 vaccine with Novavax

Today, the European Commission has approved its seventh Advanced Purchase Agreement (APA) with a pharmaceutical company to ensure access to a potential vaccine against COVID-19 in Q4 of 2021 and in 2022. Under this contract, Member States will be able to purchase up to 100 million doses of the Novavax vaccine, with an option for 100 million additional doses over the course of 2021, 2022, and 2023, once reviewed and approved by EMA as safe and effective. Member States will...

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Chapter News, COVID-19 News

NextGenerationEU: European Commission raises €20 billion in first transaction to support Europe’s recovery

On June 15, the European Commission, in its first NextGenerationEU transaction, raised a €20 billion via a ten-year bond due on 4 July 2031 to finance Europe's recovery from the coronavirus crisis and its consequences. This is the largest-ever institutional bond issuance in Europe, the largest-ever institutional single tranche transaction and the largest amount the EU has raised in a single transaction. The bond has attracted a very strong interest by investors across Europe and the world, thanks to which...

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