Posts
November 20 2025
Client Alert: California Limits “Stay-or-Pay” Agreements
Beginning January 1, 2026, California will restrict employers from requiring employees to repay sign-on bonuses and will generally prohibit repayment obligations for retention bonuses. These changes limit employers’ ability to impose conditions that require bonus repayment if an employee leaves before a specified date.
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November 19 2025
Blue Acquisition Corp. announced the signing of its definitive business combination agreement with Blockfusion USA, Inc., with a transaction value of $480,000,000. EGS acted as counsel to Blue Acquisition Corp.
November 14 2025
Live Oak Acquisition Corp. V announced the signing of its business combination agreement with Teamshares Inc., with a transaction value of $525,000,000. EGS acted as counsel to Live Oak Acquisition Corp. V.
November 14 2025
Client Alert: New Employer Obligations Under the California “Know Your Rights” Act
Effective January 1, 2026, California employers must distribute a new, standalone “Know Your Rights” Notice to all employees (separate from the Labor Code section 2610.5 notice or employee handbook) no later than February 1, 2026.
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November 13 2025
Client Alert: Update to California Employer Requirements When Furnishing Personnel Records
Beginning January 1, 2026, California will expand the types of personnel file documents that employers must provide to current and former employees upon request. In addition to existing requirements to disclose records related to performance or grievances, employers will also need to make available any education or training records they maintain, including details such as the training provider, dates, duration, core competencies covered, and any resulting certifications. Employers must continue to furnish requested records within 30 days of a written request.
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November 13 2025
Client Alert: IRS Announces Penalty Relief for 2025 Reporting of Tips and Overtime
The IRS and Department of Treasury announced relief for employers in connection with the new reporting requirements established by the One, Big, Beautiful Bill (“OBBB”) relating to “no tax on tips” and “no tax on overtime”.
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November 12 2025
Client Alert: New Jersey Issues Proposed Regulations Under the Pay and Benefit Transparency Act
The New Jersey Department of Labor and Workforce Development (“NJDOL”) issued proposed regulations interpreting the New Jersey Pay Transparency Act (“PTA”). The PTA requires employers to disclose salary ranges and benefits in job postings and to notify employees of promotional opportunities. The proposed rules, which remain open for public comment at this time, clarify certain aspects of the law, including which employers are covered, what information must be included in postings, and how notice and enforcement procedures will operate.
Click here to read the alert.
November 11 2025
WISeSat.Space Corp., a wholly-owned subsidiary of WISeKey International Holdings AG, announced the signing of its business combination agreement with Columbus Acquisition Corp. with a pre-money transaction value of $250,000,000. EGS acted as counsel to WISeSat.Space Corp.