Covid-19 Information Hub

On April 9, 2020, consistent with the CARES Act, the Federal Reserve announced multiple programs supported by the U.S. Treasury which are intended to provide additional liquidity to U.S. businesses in light of the COVID-19 pandemic, including terms for new loans and the expansion of existing loans under the Main […]

The U.S. Department of Health and Human Services (“HHS”) has been continually updating a helpful Frequently Asked Questions (“FAQ”) document on its website for hospitals and other health care providers that received payments from HHS’s Provider Relief Fund. The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”; Pub. L. […]

On June 3, 2020, the United States Senate voted to approve the Payroll Protection Program Flexibility Act (the “Act”), which was passed by the United States House of Representatives last week. The President is expected to sign the legislation today. The Act provides flexibility to borrowers under the Small Business […]

Since the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was signed into law, the guidance for the Small Business Administration’s (“SBA”) Payroll Protection Program (“PPP”) has been changing on an almost daily basis, making compliance for both borrowers and lenders difficult.  Our previous articles identified the sources that the SBA […]

Virtually all workplace reopening guidelines state in some fashion that employers need to protect their employees who are at higher-risk of severe illness if they become infected with COVID-19.  According to the Centers for Disease Control and Prevention (CDC), those at high-risk for severe illness from COVID-19 are:  People 65 […]