The U.S. Treasury Department (Treasury) and Federal Reserve have released much-anticipated details regarding the establishment of a Main Street Business Lending Program (Main Street Program) to provide up to $600 billion in...more
The impact currently being felt by businesses in the restaurant and hospitality industries as a result of the COVID-19 pandemic and, more directly, the rapidly expanding social distancing requirements and travel limitations,...more
3/31/2020
/ Business Closures ,
Business Interruption ,
Business Licenses ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Employer Liability Issues ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Hospitality Industry ,
Landlords ,
Layoffs ,
Operators of Essential Services ,
Reduction in Hours ,
Restaurant Industry ,
Small Business ,
Small Business Loans ,
WARN Act ,
Workplace Safety
The novel coronavirus (COVID-19) has already proven to have profound social, political and economic effects on the world, impacting nearly every continent, community and business sector. With the growing uncertainty about...more
3/17/2020
/ Acquisition Agreements ,
Acquisitions ,
Asset Purchase Agreements ,
Contract Terms ,
Coronavirus/COVID-19 ,
Corporate Financing ,
Material Adverse Change Clauses (MACs) ,
Merger Agreements ,
Mergers ,
Purchase Agreement ,
Risk Management ,
Risk Mitigation ,
State of Emergency ,
Stock Purchase Agreement