June 12, 2020 | IRS Notice 2020-39 provides relief from certain deadlines under Section 1400Z-2 of the Internal Revenue Code of 1986 and the U.S. Department of the Treasury regulations thereunder (the Opportunity Zone Rules). Delay caused by the impact of the COVID-19 pandemic have made achieving these deadlines within the time expected difficult or impossible. Accordingly, the IRS has acted to assist taxpayers adversely impacted by the COVID-19 crisis by tolling or extending certain important Opportunity Zone deadlines. ...

June 16, 2020 | The new “abnormal;” that’s what we can expect. Something distinctly different in our office experience. So, if you’re wondering how this will all play out when you return to the office, here’s what you may find: First, you’ll need to find a comfortable pathway to the office, which means you’ll need to grapple with the subway/bus/train/bike commute to work. When you arrive at your building, you’ll likely find your office lobby converted to what looks like a...

New safety standards and contactless stays across all our hotels. As the world opens up again, you’ll be looking for business travel. Luckily for you, mobile citizen – we built a pandemic-proof hotel. We could be smug, say we planned it. But the truth is, we accidentally got it just right. Our cleaning routine was already world-class – now, it’s beyond amazing. And while the world stopped, we upgraded – introducing a new contactless experience powered by our new app....

June 15, 2020 | CILcare, world leading CRO entirely specialized in the field of hearing disorders, announces a strategic partnership with the start-up Vertidiag, a company specialized in balance disorders. By combining their unique know-how, CILcare and Vertidiag can propose a complete service offering to identify and develop therapeutic solutions for people suffering from ear diseases including Hearing Loss, Tinnitus, Otitis and Vertigo. CILcare has developed its foundations on unique expertise in testing the efficacy and safety of drugs, gene &...

June 11, 2020 | 1. Introduction Pursuant to Law no. 40 of 5 June 2020, published in the Official Gazzette no. 143 of 6 June 2020 (the “Conversion Law”), Law Decree no. 23 of 8 April 2020 (the “Liquidity Decree”) was converted into law with amendments. Below is a summary of the key amendments made to Chapter II (Urgent Provisions to Ensure Going Concern) by the Conversion Law. 2. Six months postponement of the deadlines to comply with crisis settlement agreements (accordi di...

April 2020 | News sentiment can enhance alpha strategies, along with augmenting risk management models for downside protection during periods of crisis. Following a statistical approach, whereby we evaluate thousands of long-short random portfolios as a benchmark, we consider three significant drawdown periods: the Global Financial Crisis, the Chinese market selloff of 2015-16, and the 2020 Coronavirus crisis. We find supporting evidence that: • Sentiment-based strategies consistently outperform random portfolio strategies during the three crisis periods, showing strong statistical significance. • A...