Mayor Kenney Gives Budget Address- Today, Mayor Kenney will outline his vision for the upcoming fiscal year’s budget, which will officially kick off budget season. His proposal does not include tax increases, but it...more
Senator Mitch McConnell expresses new interest in passing a COVID-19 relief package in the lame-duck session. Despite agreeing on the need for a COVID-19 relief package, Republicans in the Senate and Democrats in the House...more
New Disney CEO Bob Chapek made one of his biggest moves yet since taking the reins, announcing a realignment “of its business divisions on Monday that placed the focus squarely on Disney+ and its other streaming services as...more
As we hit the dog days of August, government at all levels continues to battle COVID-19 while supporting businesses and families. Nationally, negotiations over a relief package have stalled, and President Trump has issued an...more
In Washington - The blame game between Democrats and Republicans continues as each side signals they want a deal, but negotiations on a Phase Four coronavirus package remain stalled. POLITICO reports that the White House...more
The “Lifting Our Communities through Advance Liquidity for Infrastructure (LOCAL Infrastructure) Act” (the “LOCAL Infrastructure Act”) and the “American Infrastructure Bonds Act of 2020” (the “AIBs Act”) were recently...more
Following the adoption of the first series of anti-bureaucratic measures to support the business sector in recovering from the situation caused by the COVID-19 pandemic, our alert provides a summary of the most significant...more
In Washington: Senate Republicans are beginning to put together their own fifth COVID-19 aid package, but with no apparent Democratic involvement it’s unlikely to receive enough support to pass both chambers, according to...more
While gearing up to get trillions of dollars into the economy, the government was also setting in place the mechanism to investigate and prosecute fraud related to these programs. The CARES Act was signed into law on March...more
On June 10, 2020, the federal government introduced Bill C-17, An Act respecting additional COVID-19 measures, for first reading. If passed in its current form, Bill C-17 would, among other things, make changes to the Canada...more
Hemp production, unlike much of the farming industry, has not declined due to COVID-19. Meanwhile, certain CBD companies have wasted no time in making unsubstantiated claims related to COVID-19. In turn, FDA and FTC...more
The COVID-19 pandemic has posed unprecedented employment law challenges for both local and multinational corporations. Employers are making efforts to continue business whilst minimizing health risks for their employees. In...more
On 21 April 2020, the President of South Africa addressed the nation yet again to inform South Africans of additional economic and social relief measures to be put in place as a result of the novel coronavirus (“COVID-19”)...more
On April 30, 2020, Japan's Diet passed a 25.69 trillion yen (US$ 240-billion) supplemental budget for fiscal year 2020 to finance an emergency package aimed at aiding the economy and people hit hard by the novel coronavirus...more
Yet again,COVID-19 dominated the news, in the marijuana industry and in every other aspect of life. The lack of funding for marijuana businesses in the stimulus packages, the halt to state legalization efforts, the issues...more
French companies’ annual general shareholders’ meetings season usually begins in mid-March and ends in June. The agendas typically include approving the annual financial statements and deciding on the distribution of...more
The Solidarity Budget marks the third Budget introduced by the Singapore Government in a span of three months, complementing measures previously introduced and enhanced by the Unity Budget and Resilience Budget. As...more
Over the past few days, the Federal Ministry of Finance has prepared the draft bill of a law to establish an economic stabilisation fund (the "Stabilisation Fund")....more
On March 27, 2020, the President signed into law the “Coronavirus Aid, Relief, and Economic Security Act,” or the CARES Act. This is the third phase of federal legislation in response to the COVID-19 outbreak. The estimated...more
Congress enacted the largest economic stimulus bill in history, totaling approximately $2 trillion to protect US families and businesses from massive economic damage resulting from the COVID-19 pandemic. ...more
What are some of the American companies with the worst ethical cultures in the news these days? You could probably start with The Boeing Company (Boeing). ...more
Companies can request from their tax office the deferral, without penalty, of the payment of their next instalments for direct taxes (corporate income tax, payroll tax). If companies have already paid these taxes for the...more
As COVID-19 continues to spread throughout France, the government has adopted lockdown measures limiting the movement of individuals throughout the country, as well as ordering the temporary closure of certain businesses. The...more
As Americans [way-too] slowly come to the realization that COVID-19 is a very real and very present threat, the business world is changing around them at a staggering pace. Stocks nosedived again on Monday, with the three...more