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1 May 2020, 5:16 am by Public Employment Law Press
Errors in making determinations concerning “seniority” for the purposes of layoff are costly as the redress in such cases is the payment of back salary and benefits to the individual unlawfully laid off from his or her position.(1)§§80 and 80-a of the Civil Service Law and various provisions of the Education Law set out the procedures to be followed in executing a layoff of employees in the classified service and the unclassified service respectively.(2) These… [read post]
1 May 2020, 2:11 am by Shannon O'Hare
The banking licence requirement does not apply to advance payments, extensions of payment terms, property finance lease arrangement and intragroup treasury operations, pursuant to the French Monetary and Financial Code. [read post]
30 Apr 2020, 7:44 am by Kristian Soltes
Regulators are determining how to change these standards and where they apply for best results in a way that keeps both FIs, third-party providers and consumers as safe and secure as possible. . . . [read post]
24 Apr 2020, 11:33 am by Richard Altieri, Benjamin Della Rocca
Weltover, Inc., the Supreme Court ruled that an action of a foreign sovereign has a “direct effect” only when the effect “follows as an immediate consequence of the defendant’s ... activity. [read post]
23 Apr 2020, 7:54 am by Kristian Soltes
Visa Beefs up Its Security Systems to Make Online Payments More RobustTech Radar – April 21, 2020 Visa has introduced Visa Secure (previously known as Verified by Visa), an updated program to help make online payments more secure. [read post]
22 Apr 2020, 11:39 am by Holly Buckley
A good strategy for deal teams in fast-moving processes is to tie any prior period security issues that may be discovered to escrow releases or buy-out payments, thereby protecting the investment without delaying the deal. [read post]
9 Apr 2020, 9:25 pm by Sarah Andropoulos
At the end of March, the federal government enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2.2 trillion stimulus package that included funding for individual cash payments, expanded unemployment benefits, and assistance for small businesses impacted by the COVID-19 outbreak. [read post]
The two central questions at the heart of this broad catch-all: (1) whether there was a security breach; and (2) whether there was “reasonable security” in place prior to the breach. [read post]
2 Apr 2020, 4:14 pm by John Jascob
The Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748) includes provisions on a variety of topics that can touch upon securities markets, including executive compensation limits and restrictions on share buybacks and the payment of dividends. [read post]
31 Mar 2020, 1:50 pm by Kevin LaCroix
  The SEC has placed increased focus in recent years on inspections of, and bringing claims against, private funds that run afoul of securities laws. [read post]
31 Mar 2020, 4:31 am by Shannon O'Hare
The bonds were secured by 50.1 per cent of the share capital of Citgo Holding Inc., a subsidiary of PDVSA. [read post]
23 Mar 2020, 1:42 pm
The chairman of the Economic and Consumer Policy subcommittee sent letters to Allianz Global Assistance USA, Generali Global Assistance Inc., and Travel Guard Group Inc., asking them to provide certain information by March 25. [read post]
23 Mar 2020, 1:42 pm
The chairman of the Economic and Consumer Policy subcommittee sent letters to Allianz Global Assistance USA, Generali Global Assistance Inc., and Travel Guard Group Inc., asking them to provide certain information by March 25. [read post]
15 Mar 2020, 9:00 am by Dave Maass
” Leopold requested information on the payments from the CIA. [read post]