The abrupt halt in commercial activity caused by the 2019 Novel Coronavirus (“COVID-19”) has had a significant impact on the global economy, and in particular, the commercial real estate market. As a result, the commercial...more
On March 23, 2020, the Board of Governors of the Federal Reserve System (the “Board of Governors”) announced the implementation of a new Term Asset-Backed Securities Loan Facility (“TALF 2.0”) in order to provide liquidity...more
Since December 2019, the rapid spread of COVID-19 has caused significant global upheaval. While many questions circulate unanswered, and while a variety of global initiatives to stem the spread of the virus are implemented...more
3/11/2020
/ Coronavirus/COVID-19 ,
Corporate Financing ,
Financial Services Industry ,
Force Majeure Clause ,
Foreign Commerce ,
Imports ,
Infectious Diseases ,
Performance Standards ,
Public Health ,
Suppliers ,
Supply Chain ,
Supply Contracts
The rapidly developing news on the spread of the Coronavirus Disease 2019 (“COVID-19”) in the United States and other nations across the world has resulted in significant turmoil in global financial markets, bringing renewed...more
3/11/2020
/ Business Continuity Plans ,
Coronavirus/COVID-19 ,
Corporate Issuers ,
Due Diligence ,
Economic Downturn ,
Emergency Management Plans ,
Federal Reserve ,
Financial Markets ,
Force Majeure Clause ,
Infectious Diseases ,
Lost Productivity ,
Material Adverse Change Clauses (MACs) ,
Performance Standards ,
Public Health ,
Securities Transactions