Employee stock options

Retirement

US ESOP bill offers valuation clarity, not a safe harbour

Retire through Ownership Act would give fiduciaries greater certainty over “adequate consideration” while preserving ERISA duties

Polly Rodway, BDBF

Community

BDBF welcomes back partner to lead new investigations and mediation practice

Polly Rodway says move feels like “coming home”, giving areas “focused attention” they deserve

Allison Oasis Kahn, Greenberg Traurig

Community

Greenberg Traurig appoints new West Palm Beach practice chair

Shareholder Allison Oasis Kahn embodies firm’s “commitment to collaboration, pro bono service, and community engagement”

Mercedes benz factory stuttgart germany

Restructuring

Mercedes revives voluntary redundancy programme amid productivity push

German car giant aims to cut €800m in costs while improving output with new return-to-office mandate and longer working weeks for factory staff

Air Canada

Unions

Air Canada’s incoming CEO faces labour relations scrutiny

Canadian pilots concerned by Scandinavian Airlines’ treatment of a Swedish union leader as government tables “special mediator” process for labour disputes

Family leave

Brazil’s Supreme Court clarifies equal maternity leave for adoptive parents

Ruling finds purpose of leave extends beyond physical recovery and emphasises development of the bond between parent and child

Flexibility

Barclays delays unpopular return-to-office mandate

Bank pushes back start date of three-day in-office rule after staff and union cry foul

Modern Slavery

Australia’s tougher modern slavery proposals face investor pushback

Investor body warns proposed criminal penalties could discourage companies from identifying and disclosing supply-chain risks

Restructuring

India’s tech layoffs put outsourcing under the microscope

Mass job cuts and remote dismissals raise fresh questions over how global employers manage outsourced workforces

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Monitor