For Companies and Private Funds
In the early days of the COVID-19 pandemic, many companies and private funds shifted to remote work, and now with a vaccine in sight, employers are weighing a return to the office. What are the legal and practical considerations for employers and investment advisers in remote working and transitioning back on-site? Ira Kustin and Sara Kalis of Paul Hastings break down the general requirements that all companies need to be aware of, including the interplay of CDC, state, and local guidelines. Ira expands on the specific requirements for private funds, including SEC guidance on cybersecurity and Advisers Act requirements on business continuity plans and compliance policies and procedures, and how key person provisions may be implicated. As employers eye a return to work, Sara explains how companies should be thinking about social distancing plans, workspace modifications and accommodations, and landlord expectations.
Ira Kustin is a partner at Paul Hastings in the investment management practice.
Sara Kalis is of counsel at Paul Hastings in the employment law practice.