On April 2, 2020, The U.S. Treasury Department released an “interim final rule” promulgated by the Small Business Administration (SBA)…
News & Advisories
Client Alert: Tax Free Disaster Relief Payments to Employees – April 3, 2020
As of March 13, 2020, the date that the President declared a National Emergency, employers are permitted to make tax-free…
Client Alert: Tax Free Disaster Relief Payments to Employees – April 3, 2020
As of March 13, 2020, the date that the President declared a National Emergency, employers are permitted to make tax-free…
Client Alert: Economic Injury Disaster Loans offered by the Small Business Administration (Updated) – April 3, 2020
The recently-enacted Coronavirus Assistance, Relief, and Economic Stability Act (the “CARES Act”) expanded the eligibility for the existing Economic Injury…
Client Alert: Coronavirus Contractual Defenses – April 2, 2020
In view of the major disruptions caused by the Coronavirus, we provide this review of possible defenses that can excuse…
Client Alert: COVID-19 – Expanded Unemployment Insurance Benefits Under The CARES Act – April 2, 2020
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act that the President signed into law on March 27, 2020, includes…
Client Alert: New York City COVID-19 Relief Programs for Small Businesses – April 1, 2020
The City of New York has undertaken two relief programs for small businesses that have experienced a decrease in revenue…
Client Alert: New York State Senate Considers Legislation to Suspend/Forgive Rent or Mortgage Payments – March 31, 2020
This alert summarizes a proposed bill before the New York State Senate numbered S8125-A, dated March 23, 2020. As currently…
Client Alert: The Paycheck Protection Program Under The CARES Act- March 29, 2020
We previously issued on alert on Friday, March 27 describing the substantial expansion of the Small Business Administration’s Section 7(a)…
Client Alert: Increased Access to New Tools for Small Business Reorganizations – March 29, 2020
The recently-enacted Coronavirus Aid, Relief, and Economic Security Act expands small and midsize business’ ability to utilize the Small Business…