September 9, 2020 As discussed in previous Legal Alerts, the CARES Act (the “Act”) was passed on March 27, 2020, to expand the scope of the Small Business Act in order to provide forgivable Paycheck Protection Loans to allow qualifying employers to meet certain payroll and other related costs. While the Small Business Administration (the […]
As discussed in prior Legal Alerts and webinars, the CARES Act (the “Act”) was quickly passed, but left numerous uncertainties. These resulted from ambiguities in the text of the Act, slow and limited issuance of regulatory guidance, logistical concerns with implementation of the PPP origination process by banks, and significant demand and limited funding. While […]
What Employers Need to Know and Do as Workplaces Reopen As some States are contemplating measures to ease the stay at home restrictions in place due to the coronavirus pandemic, employers need to prepare for reopening their businesses and/or moving their remote workforce back into the office. Employers must be proactive in addressing the […]
March 30, 2020 As discussed in our previous Legal Alert, the CARES Act (referred to below as the “Act”), as passed on March 27, 2020, expands the scope of the Small Business Act to provide Paycheck Protection Loans that may be extended to qualifying businesses of up to 500 employees in an amount equal to […]
Today, the CARES Act (or the “Act”) was signed into law to address the COVID-19 pandemic. The sweeping 880-page bill amounts to seven landmark pieces of legislation in a single document, which is the third of three key phases of legislation passed in the past three weeks. This Legal Alert is designed to provide an […]
The Department of Labor has published FAQs on the application of the Families First Coronavirus Response Act. According to the DOL, the Act will apply to leave taken between April 1, 2020 and December 31,2020. Please note this is a change from our original understanding that the Act would take effect on April 2, 2020. […]