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More Flexibility Added to the Paycheck Protection Program

On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “Act”), which relaxes various rules under the Coronavirus Aid, Relief, and Economic Security Act’s (the...more

New COVID-19 Stimulus Measure Provides More Aid for Small Businesses, Health Care Providers, and Testing

On the heels of its passage by the U.S. Senate two days earlier, the Paycheck Protection Program and Health Care Enhancement Act (the “Act”) was approved by the U.S. House of Representatives on April 23, 2020, and signed into...more

$100 Billion Emergency Fund for Providers Under the CARES Act: New Guidance and Terms & Conditions of Acceptance

On April 10, 2020, the U.S. Department of Health and Human Services (“HHS”) provided additional details regarding its plan to provide billions in relief to providers in an effort to off-set healthcare-related expenses...more

U.S. Treasury Department Issues Preliminary Guidance for Paycheck Protection Loans Under the CARES Act

On March 31, 2020, the U.S. Department of the Treasury (“Treasury”) issued preliminary guidance regarding implementation of the Paycheck Protection Program (“PPP”), which is the $349 billion program contained in the...more

The CARES Act: What Employers Need to Know (Part I)

On March 27, 2020, the U.S. House of Representatives approved the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”), a $2+ trillion aid and stimulus package, which includes a broad range of financial...more

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