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Business Law & Regulations, Finance

Entity Trading Account Definition and Functions

April 7, 2021

Via: Investopedia

What Is an Entity Trading Account? An entity trading account is a dedicated account type belonging to a legal entity such as a corporation or limited partnership. There are certain advantages to entity trading accounts over individual trading accounts, such […]


Business Law & Regulations, Finance

IBC amendment seeks to provide prepack resolutions for MSMEs

April 6, 2021

Via: The Economic Times

NEW DELHI: The government has amended the Insolvency & Bankruptcy Code to provide for prepackaged resolution framework for micro, small and medium enterprises (MSMEs) through promulgation of an ordinance. The alternative insolvency resolution framework is expected to bring about a […]


Business Law & Regulations, Employment & Labor

UK Law Firms Reward Staff With COVID Bonuses

April 6, 2021

Via: Lawyer Monthly

A number of UK law firms are issuing “COVID bonuses” to their lawyers in recognition of their work during the pandemic. International firm DLA Piper is offering staff a choice of an additional week’s pay or a week’s holiday on […]


Business Law & Regulations, Privacy

Google’s use of Java code was fair use, SCOTUS rules in Oracle copyright battle

April 5, 2021

Via: ABA Journal

Google did not violate copyright law when it copied a portion of Java programming language for use in its Android platform for smartphones, the U.S. Supreme Court ruled Monday in a 6-2 decision. Justice Stephen G. Breyer wrote the majority […]


Tax Code, Regulations and Guidance

Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits

April 5, 2021

Via: Entrepreneur

As many as 55 of the U.S.’ largest corporations did not pay any federal taxes on their 2020 profits, according to the Institute on Tax and Economic Policy (ITEP). The companies, which include Con Edison, Dish Network, FedEx, HP, Nike […]


Business Law & Regulations, Employment & Labor

Eligible Employers Have More Time to Apply for PPP Loans

March 31, 2021

Via: SHRM

Employers that need help covering payroll costs during the pandemic will have an additional 60 days to file a Paycheck Protection Program (PPP) application under a bill President Joe Biden signed into law on March 30. The application period was […]


Know Your Rights

Supreme Court will decide whether Kentucky AG can pick up defense of invalidated abortion law

March 30, 2021

Via: ABA Journal

The U.S. Supreme Court on Monday agreed to decide whether Kentucky Attorney General Daniel Cameron can intervene to defend an invalidated state abortion law after no other state official would continue to defend it. Cameron sought to intervene after the […]


Business Law & Regulations, Finance

Social Security Recipients’ Stimulus Payments Coming by Next Week, Treasury Says

March 30, 2021

Via: The Wall Street Journal

WASHINGTON—The next big chunk of stimulus payments—for Social Security beneficiaries—should reach bank accounts by next week, the Treasury Department said on Tuesday. The payments of up to $1,400 per person come from the $1.9 trillion law signed by President Biden […]


Know Your Rights

China sanctions US religious rights officials, Canada MP for condemnation of Uyghur abuses

March 29, 2021

Via: Jurist

China on Saturday announced sanctions against the chair and vice chair of the US Commission on International Religious Freedom (USCIRF), Gayle Manchin and Tony Perkins, Canadian parliament member Michael Chong, and Canada’s House of Commons foreign affairs subcommittee on international […]


Business Law & Regulations, Employment & Labor

New York State Issues Guidance on COVID-19 Vaccine Leave Law

March 29, 2021

Via: National Law Review

The New York State Department of Labor (“NYSDOL”) has issued guidance on the State’s recently enacted COVID-19 vaccine leave law, which went into effect on March 12, 2021. As we previously reported, the law requires employers to provide employees with […]