On December 26, 2024, the United States Court of Appeals for the Fifth Circuit vacated the stay of the preliminary injunction and once again enjoined enforcement of the reporting rule and the CTA “in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments.”
Coping with Alzheimer's and Dementia From a Legal and Planning Perspective
Lloyd Stern | Eric Friske
Increased standards of living and medical advances in our country over recent decades have resulted in greatly increased life expectancies. Unfortunately, with these additional years comes the increased risk that a substantial number of us will suffer from some form of dementia-related illness or memory loss. It is now estimated that 5.8 million Americans are…
Further Guidance Concerning Forgiveness of Paycheck Protection Program Loans
Scott Emery | Eric Friske
This article was original published on March 31, 2020, and most recently updated on July 6, 2020, to reflect legislative changes and guidance. President Trump recently signed legislation extending the deadline to apply for Paycheck Protection Program loans from June 30, 2020, until August 8, 2020. However, this article will focus on the rules and…
Additional Relief: Paycheck Protection Program and Health Care Enhancement Act Signed into Law Today
Scott Emery
After passage on Thursday by the U.S. House of Representatives, today President Trump signed into law the “Paycheck Protection Program and Health Care Enhancement Act” (PPPHCE Act). This legislation provides for $484 billion of funding for the Paycheck Protection Program (PPP), for health care and enhanced COVID-19 testing, and for the Small Business Administration’s (SBA)…
Rent Relief Options for Landlords During the Coronavirus Pandemic
Court Anderson | Scott Emery | Jeff Shea | Eric Friske
The devastating economic impact of social-distancing and stay-in-place orders has resulted in a wave of commercial, industrial, and residential tenants struggling or outright failing to meet rent obligations. In April nearly one-third of tenants failed to timely pay rent, a number that is only expected to increase as government stay-in-place orders continue and businesses struggle…
Under the CARES Act, Qualifying Businesses Can Obtain Forgivable Loans to Cover Eligible Expenses
Scott Emery | Eric Friske
On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The CARES Act includes a range of provisions intended to provide financial relief to individuals, families, and businesses in response to the economic fall-out of the coronavirus pandemic. A key component of the Act, designed to incentivize…
Contractual Obligations During the Coronavirus Pandemic: Avoidance, Enforcement, and Renegotiation
David Bradley Olsen | Eric Friske
As coronavirus-related quarantines, government shutdowns, and widespread layoffs bring the world economy to a halt, some businesses may be unable to meet their existing contractual obligations, and others may be stuck with contracts that no longer serve any purpose. To survive in this rapidly changing and uncertain environment, business owners and executives need to understand…