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Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
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United States | Publication | January 2021
Last summer, Virginia became the first state to leapfrog OSHA and enact an emergency temporary standard (ETS) specifically targeted to limit the risks of COVID-19 in the workplace. Virginia’s action spurred similar action by a number of other states including California, Massachusetts, Michigan and Oregon.
We reported on Virginia’s ETS in our October OSHA newsletter and listed the various obligations imposed on employers in that state including:
Even though Virginia’s ETS was not set to expire until January 26, 2021, and could have been extended another six months, the Virginia Safety and Health Codes Board chose to enact a permanent standard that nearly mirrors the ETS. The new permanent standard was passed by a vote of nine to four with one abstention and contains a few distinctions from the ETS. These distinctions include adding prison guards to the list of high hazard jobs and changing the reporting requirement such that an employer only has to report when it has two confirmed COVID cases within 14 days.
The new permanent rule is expected to take effect by month’s end.
Publication
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
Publication
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
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On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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