The Government on 8 April 2020 issued Decree 41/2020/ND-CP on extension of deadlines for taxes and land rental payment (“Decree 41”) with immediate effect to support businesses, among other subjects, affected by COVID-19 pandemic.
To read the full text of this post by Duane Morris Vietnam partner GIles Cooper, please visit the Duane Morris Vietnam Blog.
The CARES Act of March 27, 2020, provides $2 trillion in direct financial assistance, including paid leave, unemployment insurance benefits, and rebates to eligible individuals. Immigrants and foreign nationals in the United States may be eligible for some or all of these benefit, depending on the circumstances.
To read the full text of this post by Duane Morris attorney Teodora Purcell, please visit the Duane Morris Immigration Law Blog.
The COVID-19 outbreak has been declared a public health emergency of international concern by the World Health Organization, causing huge impact on people’s lives, families and communities. Organizations are under certain concerns about the continuity of their business as how long the pandemic lasts for, a possible suspension order, unwanted contract terminations, force majeure issues, reduction of price, etc.
To read the full text of this blog post explaining the latest update on the Government’s instruction on the business continuity by Duane Morris Vietnam partner Oliver Massmann, please visit the Duane Morris Vietnam Blog.
Vietnam’s renewable energy development over the past three or so years can variously be described as frenetic, chaotic and heartening. Look past all the noise about non-bankable agreements, insufficient transmission infrastructure and bureaucratic black holes, and it’s clear the market has spoken. Vietnam currently has the largest installed solar capacity in Southeast Asia and is taking strides on wind too. Between May and July 2019, an incredible 82 ground mounted solar plants were connected to the national grid (total of 4,464 MW), more than 400% the target that had been set for 2020. The Ministry of Industry and Trade recently announced that the country is aiming to boost power output produced by renewable energy to about 23% by 2030.
The sector as a whole is also poised on the brink of a new phase. Feed in tariffs are coming to an end, low hanging fruit projects have been developed and local banks’ capacity to continue to finance development is stressed. Meanwhile, energy demand rises steadily and right-minded global citizens are clamoring for an end to coal and a rapid transition to renewable energy sources.
Into this heady mix arrived a novel corona virus and the disease known as COVID-19.
To read the full text of this post by Duane Morris Vietnam partner Giles Cooper, please visit the Duane Morris Vietnam Blog.
The Financial Industry Regulatory Authority (FINRA) has issued new guidance and changes in response to the COVID-19 pandemic.
To read the full text of this Duane Morris Alert, which contains some of the updates, please visit the firm website.
New Jersey Governor Phil Murphy announced Executive Order 122 on April 8, 2020, which will impact business operations across the state.
To read the full text of this Duane Morris Alert, please visit the firm website.
Regulation Best Interest (Reg BI)—which sets forth a new standard of conduct for broker-dealers and their associated persons when making investment recommendations—was adopted by the SEC on June 5, 2019, and is scheduled to take effect on June 30, 2020. There was some question as to whether the SEC would push back the effective date due to the COVID-19 pandemic, but on April 2, SEC Chairman Jay Clayton issued a public statement that the SEC will hold to the June 30 deadline despite the ongoing emergency.
To read the full text of this Duane Morris Alert, please visit the firm website.
On April 7, 2020, the San Francisco Board of Supervisors unanimously approved an emergency ordinance requiring private employers with 500 or more employees to provide public health emergency leave consistent with the federal Families First Coronavirus Response Act (FFCRA). The Public Health Emergency Leave ordinance (PHELO) follows San Francisco Mayor London Breed’s proclamation of a state of emergency, state and local shelter-in-place orders and Bay Area school closures in response to the spread of the novel coronavirus COVID-19. The ordinance will go into effect as soon as it is signed by Mayor Breed.
To read the full text of this Duane Morris Alert, please visit the firm website.
This webinar, featuring Duane Morris partners Christopher Durham, Linda Hollinshead and Kathleen O’Malley, will be held on April 21, 2020, at 2:00 p.m. Eastern time.
In the midst of significant operational challenges stemming from the COVID-19 pandemic, employers are now managing employee requests for emergency sick and extended family leave under the Families First Coronavirus Response Act (“FFCRA”). Navigating the requirements of the FFCRA has been made more complex by the fact that the U.S. Department of Labor issued its Q&A Guidance in piecemeal fashion and the temporary rule implementing the FFCRA was issued April 1, 2020, the day the law went into effect. Employers have had little time to prepare for and contemplate their responsibilities under this new law and now must quickly get up to speed.
For more information or to register, please visit the Duane Morris Institute website.
This webinar, featuring Duane Morris partners Valentine Brown, Lisa Spiegel and Ted Chiappari, will be held on April 14, 2020, at 2:00 p.m. Eastern time.
This webinar will address various immigration issues organizations need to be aware of including:
• H-1B Work and Compensation Rules
• USCIS Updates to Processing
• Travel restrictions and available exceptions
• Immigration Strategy and Long term planning
• What if the US Postal Service suspends operation
• What if USCIS Service Centers Close
• Planning an adjudication for employer-sponsored green cards
For more information or to register, please visit the Duane Morris Institute website.
