As we reported recently, the Mexican automotive industry and other sectors in Mexico have now been classified as “essential,” with opening permitted by June 1st subject to satisfying certain “health and safety protocols” that...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduced the Paycheck Protection Program (the “PPP”) with an initial $349 billion in funding and the goal of...more
According to Governor DeWine’s Responsible Restart Ohio plan, a phased approach to reopening the Ohio economy: (1) certain health care operations may open May 1, 2020, including medical procedures that do not require an...more
Pennsylvania is reopening on a regional basis in three phases: red, yellow, and green. Phases are assigned based on conditions in a county, counties or region. The red phase, which currently applies to most of the state,...more
Today, the Mexican government confirmed that manufacturing of transportation equipment includes the automotive industry and is an essential activity permitted to operate. There are some inconsistencies reported between the...more
On May 13, 2020, the Small Business Administration (SBA) issued new, important guidance (available here) regarding how the SBA will review a borrower’s required good-faith certification of necessity made in its loan...more
New York State remains on PAUSE through May 15, 2020, after which phase one of Governor Cuomo’s reopening plan launches. The phased plan is based on meeting key public health metrics and will reopen New York on a regional...more
Oakland County, Michigan recently issued [Emergency Order 2020-10] (“Emergency Order”) to address how open operations and businesses operating within Oakland County should screen employees and address interactions with the...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduced the Paycheck Protection Program (the “PPP”) with an initial $349 billion in funding and the goal of...more
On March 19, 2020, California Governor Gavin Newsom issued an Executive Order requiring Californians to “stay at home or at their place of residence” until further notice except as needed to maintain continuity of 16...more
4/30/2020
/ Banks ,
Coronavirus/COVID-19 ,
Gas Stations ,
Governor Newsom ,
Grocery Stores ,
Hardware ,
Healthcare ,
Home Healthcare Workers ,
Non-Essential Businesses ,
Pharmacies ,
Real Estate Transactions ,
Shelter-In-Place ,
Social Distancing
The COVID-19 outbreak has caused companies serving the automotive industry in Mexico to face economic stress due to liquidity, labor, contract and other issues. This stress has manifested itself in many ways:
Impediments...more
4/30/2020
/ Automotive Industry ,
Coronavirus/COVID-19 ,
Economic Downturn ,
High Risk Covid Employees ,
Mexico ,
Personal Protective Equipment ,
Re-Opening Guidelines ,
Social Distancing ,
Supply Shortages ,
Virus Testing ,
Workplace Safety
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduced the Paycheck Protection Program (the “PPP”) with an initial $349 billion in funding and the goal of...more
4/27/2020
/ Agricultural Sector ,
CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
False Claims Act (FCA) ,
Federal Loans ,
Financial Stimulus ,
Hospitality Industry ,
Interim Rule ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program and Health Care Enhancement Act ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Third-Party ,
World Health Organization
On April 15, 2020, Pennsylvania Secretary of Health Rachel Levine, MD, issued a Director’s Order, setting forth certain employee protection measures for businesses that are authorized to maintain in-person operations. The...more
On April 16, 2020, Governor Cuomo issued an Executive Order extending New York’s density-mitigation measures through May 15, 2020. Among other things, the Order also:
extends the due date for statements of domestic or...more
On April 2, 2020, Dr. Amy Acton signed an amended Director’s Order extending Ohio’s stay at home restrictions through May 1, 2020. Notably, the amended Order contains new provisions, including: (1) a requirement that people...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduces the Paycheck Protection Program (the “PPP”) with $349 billion in funding and the goal of preventing...more
On April 6, 2020, Governor Cuomo issued an Executive Order extending New York’s density-mitigation measures through April 29, 2020. In addition, among other things, the Order provides for the virtual witnessing of wills,...more
4/13/2020
/ Business Closures ,
Business Interruption ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Essential Functions ,
Executive Orders ,
Governor Cuomo ,
Healthcare ,
Manufacturers ,
Operators of Essential Services ,
Retailers ,
Virtual Notarization Procedures ,
Virtual Witnessing
On March 23, 2020, Governor Wolf issued a Stay at Home Order to Allegheny, Bucks, Chester, Delaware, Monroe, Montgomery, and Philadelphia Counties. The Order requires all individuals residing in these counties to “stay at...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduces the Paycheck Protection Program (the “PPP”) with $349 billion in funding and the goal of preventing...more
4/8/2020
/ Banks ,
Business Closures ,
Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Federal Loans ,
Financial Stimulus ,
Lenders ,
Lending ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief ,
Unemployment Insurance
With backing from the United Autoworkers Union, General Motors, Ford and Fiat Chrysler (along with several other global OEMs) last week announced that they were suspending operations at all U.S. manufacturing facilities...more
The COVID-19 pandemic is impacting global markets, and is already causing some small businesses to confront operational and financial distress. Successful navigation of these challenges will require thoughtful and...more
4/2/2020
/ Affiliated-Business Arrangements ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Financial Stimulus ,
Payroll Taxes ,
Relief Measures ,
Risk Management ,
SBA Lending Programs ,
Small Business ,
Tax Relief
Patients with COVID-19 may develop respiratory illness, distress, and insufficiency and may require respiratory devices including ventilators, anesthesia gas masks, and other devices to support their treatment. However, with...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduces the Paycheck Protection Program (the “PPP”) with $349 billion in funding and the goal of preventing...more
3/30/2020
/ Affiliated-Business Arrangements ,
Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Employee Retention ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
The novel coronavirus (“COVID-19”) continues to afflict companies in numerous ways. In the case of public companies, disclosure duties are implicated. No two companies are identical, so there is no “one-size-fits-all”...more
Now is the time for companies in all industries to consider proactive measures to help mitigate their risk and prepare for how they will deal with the fallout from the coronavirus. As opposed to reacting to positions imposed...more