New York State has joined New York City and Westchester County in mandating that employers provide guaranteed sick leave to employees. The New York State Sick Leave Law (the “NYSSLL”) was passed earlier this year and goes into effect on September 30, 2020. For existing employees, the leave begins to accrue on September 30 and employees may begin using sick leave under the NYSSLL on January 1, 2021. The NYSSLL guarantees all individuals employed within New York State (full-time and part-time) sick leave each calendar year based on eligibility and employer status.
PN Practical News Legal Alert - New York's Child-Parent Security Act ("CPSA") Provides a Clear Path to Parenthood and Protections for Surrogates and Donors
New York law currently criminalizes surrogacy arrangements where a woman is paid for carrying a child, which has forced many families to travel to other states to take advantage of their compensated surrogacy regimes. That is all about to change.
Best Lawyers® recognized Alan Behr, Jan L. Bernstein, Helene M. Freeman, Michael W. Galligan, Marc A. Landis, Donald P. Perry, Jeffrey Q. Smith, Evan J. Spelfogel, Martin B. Wasser and Elliot J. Wiener. Alisha L. McCarthy was recognized as "One to Watch."
On August 26, 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to modernize the business (Item 101), legal proceedings (Item 103), and risk factor (Item 105) disclosure requirements of Regulation S-K under the Securities Act of 1933, as amended (the “Securities Act”), which are applicable to periodic reports and registration statements filed by public companies.
On August 26, 2020, the Securities and Exchange Commission (“SEC”), adopted amendments to the definition of “accredited investor” in Rule 501 of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”) to add new categories of qualifying natural persons and entities and to make certain other modifications to the existing definition. According to the SEC, the amendments are intended to update and improve the definition to identify more effectively investors that have sufficient knowledge and expertise to participate in investment opportunities that do not have the rigorous disclosure and procedural requirements, and related investor protections, provided by registration under the Securities Act.