North America Archives

In Employment

The Employer Report: Navigating US and Global Employment Law

Through The Employer Report blog, our lawyers provide legal updates and practical insights to help clients understand, prepare for and respond to the latest domestic and cross-border Labor and Employment issues affecting US and multinational employers.

In Employment

Canadian Labour and Employment Law

September 25, 2022 by George Avraam, Ajanthana Anandarajah, Jennifer Bernardo, Dave Bushuev, Kevin B. Coon, Matthew De Lio, Jeremy Hann, Stephanie MacIntosh, Alissa Scarcello, Andrew Shaw, Nell Slochowski and Bill Watson 3 Mins Read

Through the Canadian Labour and Employment Law blog, our lawyers provide legal updates and practical insights to help clients understand,…

In Antitrust / Competition

United States and Latin America: Unpacking no-poach trends and developments in the US and LATAM (webinar on 6 October 2022)

September 23, 2022 by Jeffrey (Jeff) D. Martino, Mauricio Pacheco, Tatiana Garcés Carvajal and Raymundo E. Enríquez 2 Mins Read

Antitrust and competition authorities around the world, including LATAM, are undertaking investigations and ongoing proceedings dealing with “no-poach” agreements. Increased scrutiny from these regulators means that companies and staff that agree not to poach employees from others, or fix wages, are increasingly in risk of significant financial and even criminal penalties in some jurisdictions..

Join our Antitrust, Employment and M&A partners for a complimentary webinar on 6 October 2022 where we will analyze the regulatory and enforcement landscape in the US on no-poach, including the trends we are seeing in Latin American countries and the various cases by antitrust authorities in the region.

In Sanctions

United States: OFAC extends and reissues General License authorizing certain transactions involving the Central Bank of Russia, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation

September 16, 2022 by Kerry B. Contini 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled OFAC extends and reissues General License authorizing certain transactions involving the Central Bank of Russia, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation on 9 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

In Employment

United States: SEC ‘pay versus performance’ rule imposes significant new disclosure requirements beginning 2023

September 15, 2022 by Sinead M. Kelly, Victor A. Flores and Thomas Asmar 8 Mins Read

On 25 August 2022, the Securities and Exchange Commission released a final rule in the form of new Item 402(v) of Regulation S-K that seeks to shine an ever-brighter spotlight on the link between executive pay and company performance at certain US public companies.

In Trade and Foreign Investment

BIS Issues New FAQs Addressing Red Flags Related to Russia/Belarus and Semiconductor Foundries’ Potential Entity List Dealings

September 8, 2022 by Kerry B. Contini, Eunkyung Kim Shin and Daniel Andreeff 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled BIS issues new FAQs addressing red flags related to Russia/Belarus and semiconductor foundries’ potential entity list dealings on 1 September 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

United States: Giving tax credits where credit is due – Small chips causing big problems

September 8, 2022 by Alexandra Minkovich 11 Mins Read

The semiconductor shortage is increasingly obvious, from the automotive industry to consumer electronics. In fact, the chip shortage has even been referenced as a potential matter of national security. H.R. 4346, better known as the CHIPs and Science Act, was signed into law by President Biden on 9 August 2022 and seeks to promote semiconductor supply chain resilience by establishing incentives to increase the production of microchips and related devices, including through an effectively refundable tax credit, as well as through other measures.

In Corporate Compliance

United States: This Week in Government Enforcement (Video Chat)

September 7, 2022 by 13 Mins Read

Please join us for a weekly series, hosted by Baker McKenzie’s North America Government Enforcement partners Jeffrey Martino and Jerome Tomas. This week’s discussion will cover the Public Company Accounting Oversight Board (PCAOB) Statement of Protocol Agreement with the China Securities Regulatory Commission, and the China Ministry of Finance regarding oversight of PCAOB-registered public accounting firms in China and Hong Kong.

In Environment

United States: Plastic and recyclability litigation – Best practices to minimize risk

September 7, 2022 by Mark Goodman and Christina M. Wong 4 Mins Read

With a growing trend toward taking more ESG measures, some companies are at risk of lawsuits from consumers involving plastic packaging. In light of these trends, corporate boards should take steps to reduce the risk of ESG litigation in connection with their companies’ plastic recyclability labeling and use of plastics within their supply chains.

In Sanctions

United States: BIS adds foreign-produced aircraft to list of aircraft exported to Russia in apparent violation of the EAR and OFAC issues new and amended Russia general licenses

September 6, 2022 by Terence Gilroy, Lise S. Test and Lindsay Brown 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled BIS adds foreign-produced aircraft to list of aircraft exported to Russia in apparent violation of the EAR and OFAC issues new and amended Russia general licenses on 22 August 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.