Financial Services attorney Juan Felipe Fontecha was mentioned in an article published by Portafolio about green bonds as a financial alternative for environmental projects in Colombia. Mr. Fontecha explained the requirements to issue green bonds in the public securities market, including authorization from the Financial Superintendency. He also commented on some of the challenges around […]
Author: Mark Peters
Executive Order suspends entry for certain temporary worker visas
On June 22, President Trump signed an Executive Order that suspends entry of non-immigrant visas holders in the following categories: H-1B, H-2B, H-4, L-1, L-2, and certain J-1 exchange visitors. This Executive Order will go into effect on June 24 and will expire December 31. The Executive Order only affects foreign nationals who are currently […]
As states begin to lift stay-at-home orders and businesses plan for reopening, OSHA is asking employers to develop response plans and procedures prior to employees returning to work. Waller partner Aron Karabel, Steve Hawkins, Deputy Commissioner of Labor for the State of Tennessee, and Mike Palmer, principal with EnSafe, offer practical tips for companies as they prepare their […]
Cash Crunch: COVID-19 may prompt REITs to explore non-cash distributions
As a result of significant operational downturns stemming from the coronavirus (COVID-19) pandemic, many tenants of real estate investment trusts (REITs) are struggling to pay rent and honor other terms of their leases. Consequently, REIT landlords are experiencing or will soon experience a negative effect on their own near-term cash flows and, ultimately, their overall […]
NYSE and Nasdaq provide temporary listing compliance and private offering relief
The New York Stock Exchange (NYSE) and the Nasdaq Stock Market (Nasdaq) recently granted temporary relief and issued guidance to assist companies that are in imminent danger of immediate delisting and/or that are experiencing urgent liquidity needs as a result of the COVID-19 pandemic. The relief and guidance are designed to reduce uncertainty regarding the […]
IRS lets taxpayers change horses mid-pandemic (Section 163(j) and QIP)
In the age of COVID-19, “irrevocable” doesn’t always mean “forever.” The IRS is providing significant tax advantages to companies that are now permitted to take back their once irrevocable elections regarding the deduction of interest expenses for improvements to non-residential real estate. Previously, businesses with more than $25,000,000 in average annual gross receipts for tax […]
Law360 (March 1, 2019, 3:56 PM EST) — A North Carolina tree care company has agreed to pay $3 million to settle claims that it shorted its workers on overtime pay, in violation of federal and state labor laws. The workers on Thursday asked U.S. District Judge James C. Dever III to greenlight the agreement, […]
If your restaurant, bar, club or hotel employs tipped staff, this post is for you. Guest blogger and employment law guru Casey Duhart gives the lowdown on avoiding seriously expensive lawsuits for wage and hour violations. Casey asks: “Why are tipped employees bringing so many wage and hour lawsuits these days?” Casey’s answer is simple: […]
DOES A FEDERAL GOVERNMENT SHUTDOWN AFFECT EMPLOYMENT-BASED IMMIGRATION?
If Congress is unable to agree on a funding bill by December 21, 2018, several key Federal agencies will be forced to close. The potential shutdown could affect certain sponsored employees with pending immigration cases, as well as cases in the process of being filed. In the event of a shutdown, many government agencies involved […]
“MASSACHUSETTS NONCOMPETITION AGREEMENT ACT,” BY HEATH EDWARDS AND MARK PETERS
In August, the Massachusetts Legislature passed the long-awaited Noncompetition Agreement Act, which regulates noncompetition agreements in the private sector. The following summary provides an overview, in question-and-answer format, of the types of employment agreements covered by the Act, as well as its various legal requirements and limitations. What is the Noncompetition Agreement Act? It is […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mark Peters of Waller Lansden Dortch & Davis, LLP. Mark has joined IR as our exclusive Employment Law (Corporate) Member in US – Tennessee. A seasoned and creative problem‐solver, Mark Peters represents employers throughout the country in litigation and day‐to‐day advice and […]