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For more information on how we can help your business, visit our COVID-19 Resource Center. On April 2, 2020, the Treasury Department published several updates to the Paycheck Protection Program (PPP) on its website. Among those listed are the revised guidance for borrowers, an updated Borrower Application Form, and an Interim Final Rule from the […]
For more information on how we can help your business, visit our COVID-19 Resource Center. On Friday, the President signed the $2 trillion emergency aid bill passed by Senate earlier last week in response to the economic blow of the coronavirus outbreak. The legislation, called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), is […]
Since our last client alert on economic relief programs, the Treasury Department has issued additional guidance relating to the Paycheck Protection Program (including a sample PPP application, found here) and the new federal/Treasury loan program. To view the documents and guidance provided on the Treasury’s site, please click here. Of note from the guidance is […]
Effective April 1, 2020 and continuing through December 31, 2020, covered employers need to begin complying with the mandates of the Families First Coronavirus Response Act (“FFCRA” or “Act”). You can find our original article explaining the FFCRA here. Since the law’s enactment on March 18, 2020, the Department of Labor has clarified and expanded […]
The Paycheck Protection Loan Program The program streamlines the Small Business Administration (SBA) loan process for businesses affected by the COVID-19 outbreak. The loan is non-recourse except to the extent that the borrower uses the proceeds for a purpose not authorized under the act and no personal guaranty is required. The typical SBA requirement that […]
Congress and the White House are currently debating the specifics of a new stimulus bill and they are expected to agree on the form of the bill this week. California businesses and their employees have been particularly affected by recent mandatory closures and safety measures imposed to help slow the spread of COVID-19, and any […]
With hour-by-hour developments, here is an update on yesterday’s Labor Alert: As we expected, the federal government will provide additional sick leave relief and paid child care leave for employees; in anticipation of things to come, California will ease employers’ mass layoff notice requirements. Families First Coronavirus Response Act Yesterday, March 18, President Trump signed […]
Most California employers are taking steps to keep employees safe during the Coronavirus Pandemic. These changes to workplace routines, policies and norms are the result of a mix of proactive steps, changes in demand, and government mandates. As labor and employment lawyers, our phones have been ringing off the hook. Here are the Top 7 […]
An article by Mark Adams, originally published by Jim Butler, titled “Coronavirus COVID-19 force majeure: Contract provisions and governing law are important” was published by Hospitality Net on March 9, 2020.
One often doesn’t know the extent of one’s insurance coverage until a calamity occurs. So it is with force majeure provisions in contracts Typically, force majeure provisions are included in contracts to excuse a party from contractual obligations if some unforeseen event beyond its control prevents performance of its contractual obligations. As of March 2, […]
