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  • Article

    Proposed New Rule Tightens Cyber Incident Notification Window For Banks And Bank Service Providers

    Companies large and small are on heightened alert for cyber incidents following the SolarWinds Orion Platform software attack that came to light in late 2020.
    United StatesFinance and Banking
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Prepare For Potential 2021 Tax Law Changes Now

    As a consequence of the results in the U.S. Senate runoff elections in Georgia, the Democrats are, at least in theory, in a position to pass legislation via the "reconciliation process."
    United StatesTax
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Annual H-1B Lottery Process - Employers With Foreign National Employees Should Begin Planning Now

    Prior to March 1, 2021, U.S. employers should urgently assess whether any current or prospective foreign national employees may require H-1B sponsorship.
    United StatesImmigration
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    DHS Modifies H-1B Selection Process To Prioritize Highest Paid Workers

    Depending on how the 60-day period is calculated, this could prevent the rule from taking effect before this year's H-1B lottery process.
    United StatesImmigration
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Governor Cuomo Outlines Key Priorities In The 2021 State Of The State Address

    Governor Andrew Cuomo delivered the first phase of his 2021 State of the State address today. He began by announcing that his presentation was an overview, ...
    United StatesCoronavirus (COVID-19)
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    New York Modernizes Blue Sky Filing Requirements For Regulation D Offerings

    On December 1, 2020, the New York Attorney General ("NYAG") adopted regulatory amendments to, among other things, modernize the blue sky filing requirements for securities...
    United StatesCorporate/Commercial Law
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    New York 2020 General Election Update

    On November 4, 2020, we provided an election update and indicated that there were not yet results available in New York because of the large number of absentee ballots that had to be counted.
    United StatesGovernment, Public Sector
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Final Regulation On Proxy Voting And Exercise Of Other Shareholder Rights By ERISA Plans

    The Department of Labor has released a final regulation regarding fiduciary responsibilities for the exercise of proxy voting rights and other shareholder rights associated with securities held by a benefit plan.
    United StatesEmployment and HR
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    New York State Begins Issuing Guidance On Sick Leave Law

    Late on Monday, October 19, 2020, the New York State Department of Labor began issuing guidance on the New York State Sick Leave Law, which was added to the State's Labor Law in April of this year.
    United StatesEmployment and HR
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Governor Cuomo's 2021 - 2022 Proposed State Budget

    Governor Andrew Cuomo delivered his proposed 2021 - 2022 State Budget presentation today. He focused on how this would be a different type of budget this year because of the effects of...
    United StatesGovernment, Public Sector
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Department Of Labor Finalizes Regulations On ERISA Plan Investments In "ESG" (Socially Conscious) Funds

    On October 30, 2020, the Department of Labor issued final regulations restricting ERISA plans from making investment decisions based on "non-pecuniary" factors.
    United StatesEmployment and HR
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Registered Direct Offerings

    In a registered direct offering, commonly known as an RD, a company engages a placement agent to privately and confidentially market its securities on a "best efforts" basis to a targeted group of
    United StatesCorporate/Commercial Law
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Stimulus Bill Creates Grant Program For Live Venues, Museums, Movie Theatres And Similar Businesses

    On December 27, 2020, the President signed the Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act (the "Act") into law. Section 324 of the Act creates a new program for...
    United StatesCorporate/Commercial Law
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Part Two – More Details On Governor Cuomo's 2021 Key Priorities

    Governor Cuomo delivered day one of his 2021 State of the State address on Monday, which provided an overview of his 2021 priorities.
    United StatesEnergy and Natural Resources
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Additional Relief Available To Businesses Under The Stimulus Relief Package

    On December 21, 2020, Congress introduced the Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act (the "Act").
    United StatesFinance and Banking
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    New York 2020 General Election Results

    Tuesday, November 3, 2020, was election day across the country.
    United StatesGovernment, Public Sector
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    New York Paid Family Leave Benefit Level And Premium Rate Increases Announced For 2021

    Just in time for the holiday weekend, the New York State Department of Financial Services (DFS) released its Paid Family Leave (PFL)
    United StatesEmployment and HR
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Preparing For The 2021 Proxy Season

    For the upcoming 2021 proxy season, companies should be aware of certain regulatory and advisory developments in preparing annual reports and proxy statement disclosures in 2021.
    United StatesCorporate/Commercial Law
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    2020 Crypto Year In Review

    If we put the last quarter of 2020 aside, this year could be marked by the sheer number of SEC enforcement actions and settlements in the crypto space, with more rumored to be in the works.
    United StatesTechnology
    Harter Secrest & Emery
    Harter Secrest & Emery
  • Article

    Employee Benefits Year-End Checklist 2020

    It seems fair to say that no one will be sorry to see the end of 2020.
    United StatesEmployment and HR
    Harter Secrest & Emery
    Harter Secrest & Emery

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