In mergers and acquisitions, companies often focus on the financial, legal and operational aspects of a deal. In today’s global economy, however, many companies have an international workforce, including highly skilled...more
The annual H-1B electronic registration period (often known as the H-1B lottery) for Fiscal Year 2025 will open March 6 and run through 12 p.m. EST March 22. During this period, prospective H-1B employers and their...more
Equity compensation is an effective way to attract and retain talent without materially reducing a company’s cash flow. That said, noncompliance with local laws could end up costing a company in the long run....more
UPDATE: The EU Directive on pay transparency was adopted by the EU Parliament on March 30, 2023, and the EU Council April 24, 2023. On May 17, 2023, it was published on the EU’s Official Journal and will come into force 20...more
In an effort to increase pay equity and close the gender pay gap across all levels within a company, there is a growing trend among lawmakers across Europe to require employers to disclose compensation data. These efforts go...more
In an effort to increase pay equity and close the gender pay gap across all levels within a company, there is a growing trend among lawmakers across Europe to require employers to disclose compensation data. These efforts go...more
U.S. Citizenship and Immigration Services (“USCIS”) has announced that the H-1B electronic registration period for Fiscal Year 2024 will be open at noon Eastern Standard Time on March 1, 2023 and run through noon Eastern...more
In recent years, strong economies across the globe led to substantial growth in opportunities for many companies, who increased headcount accordingly to meet new needs. As demand has slowed recently in some industries, many...more
Starting June 17th, 2022, Russian residents can receive proceeds from the sale of foreign shares into their non-Russian brokerage or bank accounts as long as the proceeds are received from non-Russian residents in non-Russian...more
Companies seeking to help their Ukrainian employees safely exit Ukraine should be aware of potential risks related to the Foreign Corrupt Practices Act (FCPA) and other U.S. laws and regulations. Following Russia’s invasion...more
4/1/2022
/ Anti-Bribery ,
Anti-Corruption ,
Anti-Money Laundering ,
Compliance ,
Corporate Counsel ,
Economic Sanctions ,
Employer Liability Issues ,
False Claims Act (FCA) ,
False Statements ,
Foreign Corrupt Practices Act (FCPA) ,
Immigration Procedures ,
Non-Immigrant Visas ,
Russia ,
Ukraine
On March 18, 2022, the Russian Central Bank clarified that the restrictions imposed under Decree No. 81 (see our earlier alert below) do not apply if a Russian resident acquires shares from a company of an “unfriendly”...more
The Russian President has issued Decree No. 81 — “due to the unfriendly actions of the US and other countries in violation of international law” — establishing special procedures for any transactions leading to the transfer...more
Due to military mobilization in Ukraine announced by President Zelenskyy on the night of February 24, men aged 18 – 60 that are Ukrainian citizens are no longer allowed to leave the country, and it is therefore expected that...more
Agency workers are a great option for high-growth companies looking to expand globally. It gives access to the best talent irrespective of location, and lets companies test new markets and remain flexible without the burden...more
Earlier this month, U.S. Citizenship and Immigration Services (“USCIS”) officially announced that the H-1B electronic registration period for FY2022 will be open from March 9 through March 25, 2021. During this period,...more
On June 22, 2020, the White House issued the “Proclamation Suspending Entry of Aliens Who Present a Risk to the U.S. Labor Market Following the Coronavirus Outbreak” which is the latest in a series of U.S. immigration...more
As the COVID-19 pandemic continues to financially impact companies worldwide, employers have been working to implement creative compensation strategies to mitigate the financial impact on their workforce, continue to...more
Given the current pandemic, companies are tackling an array of business-critical decisions ranging from workplace safety measures to remote working parameters to pay cuts, furloughs and reductions in force. In this mass of...more
As COVID-19 begins to spread in Latin America, we have seen countries begin to adopt measures to protect their citizens and residents. Some countries have been on lock down since last month, requiring all but essential...more
While most of the world is triaging around stricter COVID-19-related restrictions and lockdowns, some countries are already starting to take steps to return to a new normal – one where business continues even as outbreaks may...more
As the COVID-19 pandemic continues to intensify and disrupt business across the globe, many international companies are facing the harsh reality of resorting to severe cost-saving measures to protect their financial health....more
We’ve been following COVID-19 around the globe since January when it became clear that the outbreak in Wuhan, China was having broader employment and business implications....more
As bars, restaurants, theatres, sporting and entertainment events, gyms, casinos, movie theatres, and other establishments shutter globally in response to the COVID-19 pandemic many employers have been forced to consider...more
Please note: Government guidance and regulation is changing rapidly, and so it is important for employers to always check on the applicable government site on the latest information....more
If you’re like many this week you, your partner or roommates and your children of all ages may be working from home. Schools of all levels are closed and maybe have instituted distance learning....more