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Member News
Member News
22
Sep
Read on for an overview of updates on immigration and global mobility issues, including those involving visa processing at U.S. embassies and consulates, restrictions on travel and the new U.S. Citizenship and Immigration Services (USCIS) fee schedule.
Visa Processing at U.S. Embassies and Consulates
While some consulates are reopening to provide visa services, many are still closed for routine visa processing or are only offering limited services. For example, the U.S. Embassy in Buenos Aires, Argentina started accepting applications for F,...
21
Sep
Key insights
Develop a financial plan so you can evaluate strategies, consider creative alternatives, work through different scenarios, and collaborate with your team.
Reimagine your business and forge a new path forward in how you serve your customers.
Utilize dynamic modeling to understand the financial impact of business decisions — and so you can adjust accordingly.
Identify leading indicators and forecast stimulus packages and tax credits.
As you set your sights on 2021, it’s probably hard to imagine how to...
21
Sep
On September 11, 2020, the U.S. Department of Labor (DOL) issued revised regulations under the Families First Coronavirus Response Act (FFCRA) following a federal court’s decision that invalidated a handful of regulatory provisions interpreting the FFCRA. Although the DOL was widely expected to address the court decision through revised regulations and/or court action, these new regulations throw additional curveballs for employers already struggling to comply with extensive COVID-19-related legislation.
Decision Invalidating Parts of Rule and DOL’s Response
On August 3, 2020,...
21
Sep
The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).
USA
New York: For those hurting before COVID, property tax relief can’t come soon enough
J. Crew, JC Penney, Pier 1 Imports, GNC, Brooks Brothers, Lord and Taylor,...
21
Sep
What is a digital marketplace? And how does it work? Find out how the platforms can help provide better services, more efficiently
Digital marketplaces, such as Amazon.com or Booking.com, are expanding to new markets in industries such as energy or freight forwarding. Europe aims to take a bigger role in this area of business by setting up its own digital marketplaces.
But what are digital marketplaces and how do they work. We asked Darragh Mac Neill and Salvatore Scagliarini, senior industry...
17
Sep
Who Needs to Know
All employers covered by the FFCRA.
Why It Matters
Employers must ensure that their policies and practices addressing FFCRA leave are consistent with the DOL’s revised regulations.
As we previously covered, on August 3, the U.S. District Court for the Southern District of New York (SDNY) struck down four parts of the regulations issued by the U.S. Department of Labor (DOL) implementing the Families First Coronavirus Response Act (FFCRA). Specifically, the decision invalidated the regulations’ availability of work requirement, intermittent...
17
Sep
The Court of Rome (Decision issued on April 8, 2020) recently issued a decision on the business judgment rule topic, which has been dealt with several times by Italian courts over the years.
The recent decision is interesting because (i) it summarizes Italian case-law principles on the abovementioned topic and (ii) based on such principles, it concludes that even organizational decisions made by directors can trigger their liability.
1. The case at stake
A newly established company controlled by the Italian foundation for doctors’ and...
17
Sep
Project Finance Lender Can Claim Directly Against State Under Investment Treaty
A recent decision of an arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (ICSID) has opened the door for potential direct claims by project finance lenders against states in circumstances in which the projects they finance are adversely affected by state measures. In a decision rendered on August 20, 2020, the tribunal in Portigon AG v. Kingdom of Spain (ICSID Case No. ARB/17/15) held...
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