Posts
August 11 2021
Client Alert: NYC COVID-19 Surcharge And Federal COBRA Subsidy Expiring Soon
Though the COVID-19 pandemic looks to be back on the upswing, two COVID-19 laws are expiring shortly: the law allowing restaurants in NYC to apply a COVID-19 surcharge to customer checks, and the law providing a COBRA subsidy to eligible employees who lost health coverage due to termination of employment or reduction in hours.
Click here to read the alert.
August 09 2021
Client Alert: NYC Restaurants with Fewer Than 100 Employees Eligible for Return-to-Work Tax Credit
New York State has launched a $35 million Restaurant Return-to-Work Tax Credit Program which provides an incentive to COVID-19-impacted restaurants to get employees back to work and increase hiring (the “Tax Credit Program”). Qualifying businesses are eligible for a tax credit of up to $5,000 per new worker hired and up to a maximum of $50,000 per business.
Click here to read the alert.
August 03 2021
Client Alert: NYC Will Require Vaccination For Indoor Activities
This morning, Mayor Bill de Blasio announced that New York City will soon require individuals to be vaccinated in order to participate in certain indoor activities.
Click here to read the alert.
July 29 2021
Vacasa to Go Public in $4.5 Billion SPAC Merger on Heels of Vacation Rentals Surge
Vacasa, the largest full-service vacation rental property management company in the U.S., said on Thursday it planned to merge with blank check company TPG Pace Solutions.
www.skift.com
July 29 2021
Complimentary Webinar: NY HERO Act – What Employers Need to Know Now
You are cordially invited to join employment lawyers from Ellenoff Grossman & Schole LLP for a complimentary webinar to assist your business in complying with the new NY HERO Act.
Click here to register.
July 28 2021
Can SPACs Give Women A Way Into Investment, The C-Suite And Boards?
When Betty Liu was vice chair of the New York Stock Exchange and chief experience officer of the Intercontinental Exchange, their mission was to make public markets more accessible to investors and private companies.
www.forbes.com
July 28 2021
Swvl, a green-focused mass transit company, is going public via an all-female SPAC
Dubai-based mobility company Swvl said Wednesday that it plans to go public through a reverse merger with Queen’s Gambit Growth Capital. The special purpose acquisition company is led entirely by women.
www.cnbc.com
July 28 2021
Client Alert: CDC Revises Mask Guidance for Fully-Vaccinated Individuals
Yesterday, the CDC announced revised mask guidance for fully-vaccinated individuals. The CDC now recommends that fully-vaccinated individuals wear a mask while indoors in public if they are in an area of “substantial” or “high” COVID-19 transmission to both maximize protection from the Delta variant and prevent possibly spreading it to others. The CDC made a state- and county-specific COVID-19 transmission level tracker available here. We note that while most of NYS is in the low to moderate range, NYC and Long Island are presently in the “substantial” category (with Staten Island in the “high” category).
Click here to read the alert.