Here are the day’s top coronavirus stories from the team at Bloomberg Law:
- WORKING PARENTS: Working parents whose children have hybrid school schedules due to the pandemic don’t need their employers’ permission to take federal leave, the U.S. Labor Department said. That type of reduced-schedule leave under the Families First Coronavirus Response Act doesn’t qualify as “intermittent leave,” DOL said in a revised rule that takes effect Wednesday. Unlike leave to care for a child in a school that blends at-home and in-class instruction, periodically taking leave under the virus law for other reasons must first be authorized by a worker’s employer, according to the rule.
- DIPLOMA PRIVILEGE: The D.C. Court of Appeals is moving toward joining a small number of jurisdictions that allow certain law school graduates to become licensed without taking the bar exam. Washington D.C.’s top court said Tuesday it’s leaning toward granting “diploma privilege,” which would permit graduates who meet certain requirements to be sworn in as attorneys without having to take or pass the test first. The court delayed its final decision until it issues emergency rules later this month.
- REMOTE ARGUMENTS: The justices will again hear arguments remotely when the Supreme Court opens its new term Oct. 5 and again provide livestreamed audio of proceedings.
Editor’s Top Picks
Avoiding Coronavirus Leave Litigation, Accessing Its Tax Perks
In the fourth installment of an ongoing series on how to navigate virus aid programs, Bloomberg Law covers the FFCRA, including the most recent news, practitioner Insights, and guidance on navigating Covid-19 paid leave requirements and maximizing the law’s tax benefits.
Bankrupt New York Sports Clubs Owner Seeks Buyer Amid Loan Talks
The owner of the New York Sports Clubs and Lucille Roberts gyms is searching for a buyer after it reached a preliminary agreement with lenders for financing to help it continue operations while in bankruptcy.
IP Rights No Innovation Barrier in Pandemic, Patent Chief Says
If patents can be a “blockade or barrier” to innovation, Andrei Iancu has yet to see the evidence, the U.S. Patent and Trademark Office director said during a Tuesday conversation with the Hudson Institute.
Covid-19 Patent Applications Get Fee Deferment in Agency Pilot
Applicants trying to patent certain Covid-19-related products or processes will get extra time to pay related fees to the U.S. Patent and Trademark Office, the agency announced.
Raytheon Deepens Job Cuts to 15,000, Sees Long Road to Recovery
Raytheon Technologies Corp. plans to cut 15,000 jobs -- sharply more than previously planned -- saying the commercial aerospace market will likely take several years to recover.
Retailer Mudpie’s Virus Coverage Suit Against Travelers Tossed
San Francisco retailer Mudpie Inc. can’t tap Travelers Casualty Insurance Co. for coverage of its losses tied to state-ordered business closures during the pandemic, a California federal judge said.
Regulators Urge Small Banks to Prepare for Credit Loss Overhaul
The top accountants of two banking regulators have a message for small banks during the pandemic: The biggest loan accounting change since the 2008 financial crisis is here to stay. As a result, the pair of chief accountants urged banks that haven’t yet adopted the current expected credit loss accounting standard (CECL) to start preparing.
INSIGHT: Providers, Investors Need Clear Post-Covid Telehealth Picture
Demand for telehealth services has dramatically increased during the pandemic, presenting new opportunities for providers and investors. Debevoise attorneys examine several key legal and regulatory issues to consider, such as Medicare and Medicaid coverage, private insurance rules, licensing rules, privacy issues, and prescribing practices.
Click here for updates on how federal courts are operating during the pandemic.
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Editor’s Note: The Bloomberg Law news team has been closely covering the legal, regulatory, business, and tax implications of the coronavirus pandemic. This daily email highlights the top stories of the day, across practice areas. To unsubscribe, please adjust your Bloomberg Law newsletter settings. For assistance, contact our help desk at 888-560-2529 or firstname.lastname@example.org.
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