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Welcome to the first edition of Working Capital, Mayer Brown s Projects & Infrastructure newsletter. We hope that you find this newsletter a source of relevant information about market developments and Mayer Brown s Projects & Infrastructure Industry Team. In this edition, we feature: Interviews with recent laterals Kirsti Massie and Eric Pogue regarding the growing offshore wind industry and the energy transition as well as Mitch Holzrichter on the secondary market for US toll road investments, Publications drafted by our Mayer Brown attorneys on topics covering Biden s Infrastructure Plan, Energy Regulation, ESG, the Carbon Market and more; and Recent transactions in The Deal List. ....
To print this article, all you need is to be registered or login on Mondaq.com. A recent New York Times article highlights the challenges oftentimes faced by smaller vendors in large bankruptcy cases. The article profiles a couple, who owns a warehouse leased to Brooks Brothers, who were left holding a $240,000 cleanup fee bill when Brooks Brothers rejected their warehouse lease and refused to clear the equipment and other materials being stored. [The New York Times; April 2, 2021] Bloomberg reports on Alpha Media s lawsuit against the Small Business Administration based on the administration s failure to allow for PPP loans to companies in ....
To print this article, all you need is to be registered or login on Mondaq.com. In an effort to address the gender pay gap, California Governor Gavin Newsom signed into law SB 973 on September 30, 2020, which, among other things, mandates employers to provide new specified data to the Department of Fair Employment and Housing ( DFEH ) regarding employee pay and demographics of the employer s workforce. As a result of the new law, any employer with 100 or more employees at least one of whom is in California was required to submit a California Pay Data Report on or before March 31, 2021, and each year thereafter. The California Pay Data Report ....
To print this article, all you need is to be registered or login on Mondaq.com. March 31, 2021 marked the sunset on a presidential proclamation that suspended four visa categories of substantial importance to US employers: H-1B, L-1, H-2B, and certain J-1 visas. In effect since June 24, 2020 and initially scheduled to expire on December 31, 2020, Presidential Proclamation 10052 was extended by former president Trump through March 31, 2021 and left to expire by President Biden. President Biden s approach to let the nonimmigrant visa ban run its course is different than his action to rescind Presidential Proclamation 10014, which suspended the issuance of new immigrant visas to applicants outside the United ....
The American Jobs Plan On March 31, 2021, the Biden administration released the American Jobs Plan (the Infrastructure Plan ), which is a proposal that, if ultimately enacted, aims to modernize outdated infrastructure, create additional jobs and increase the United States global competitiveness. While much of the Infrastructure Plan describes areas in need of capital allocation, it contains numerous tax-related references, many of which could impact the energy industry. Encouraging investment in electric vehicles ( EVs ) The Infrastructure Plan includes provisions to spur domestic supply chains and the production of raw materials to support American workers making batteries and EVs, and would provide consumers point-of-sale rebates and tax incentives to buy ....