April 3, 2020
Among the many sectors that are provided relief under the CARES Act, higher education institutions are set to receive both appropriations and regulatory flexibility. The following discusses many of those provisions.
Of the roughly $2 trillion emergency funding provided under the CARES Act, $30.75 billion is included for an Education Stabilization Fund to provide assistance and relief to the…
April 2, 2020
For sports fans, one impact of the COVID-19 pandemic is the loss of the college basketball national tournament, aka “March Madness.” The university shut-downs across the country have resulted in all spring-sports athletes losing their season. Generally, a loss of a season would mean the loss of a year of eligibility to compete, but the National Collegiate Athletic Association (“NCAA”) recently…
March 31, 2020
Owners of "non-essential” business enterprises have the stress of social distancing AND the worry of saving the business during the pandemic. A loss of income that is directly related to business closures, a break or delay in the supply chain, and/or the effects of social distancing may already appear in businesses’ financials. Now is the time to be proactive and review policies of insurance to…
March 30, 2020
The sports world came to a screeching halt amongst COVID-19 concerns and bans on crowds. The National Basketball Association (“NBA”) led this charge when several players tested positive for COVID-19. The pandemic shut down of the NBA has contractual implications for all players. NBA players may also go without pay due to the force majeure clauses in the NBA’s collective bargaining agreement. …
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides relief to businesses in two ways: (1) business interruption loans through…
March 27, 2020
Scammers and hackers are exploiting the confusion and distress caused by COVID-19 to attack while people are most vulnerable. The FBI’s Internet Crime Complaint Center recently issued a public service announcement warning citizens to be vigilant in reviewing their emails due to email-based fraud, malware, and other schemes that are purposefully utilizing the COVID-19 crisis to lure unsuspecting…
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides tax relief provisions applicable to individuals, including:
Impact to…
March 27, 2020
Governor Beshear signed Senate Bill 150 on March 30, 2020, which addresses COVID-19 effects on the Commonwealth, specifically to allow for quick response by the healthcare system and protect those responding to the emergency. The new law also addresses other issues directly affecting employers.
Unemployment
Codifies the acts undertaken by Executive Order to allow for the expansion of unemployment…
March 26, 2020
In response to COVID-19, the Securities and Exchange Commission (“SEC”) has taken a variety of actions to assist and advise registered companies. These actions include:
March 26, 2020
The United States Patent and Trademark Office (“USPTO”) announced relief for trademark application and registration customers affected by the coronavirus (“Covid-19”) outbreak. The USPTO considers the effects of Covid-19 to be within the meaning of an “extraordinary situation” as provided in 37 CFR 1.183 and 37 CFR 2.146 for affected trademark customers.
What you need to know:
If your trademark…
March 26, 2020
On March 25, 2020, Pennsylvania launched the COVID-19 Working Capital Access Program (the “CWCA”) to help Pennsylvania small businesses impacted by the COVID-19 virus. CWCA is a new program authorized under the Small Business First Fund (the “SBFF”) of the Pennsylvania Industrial Development Authority (the “PIDA”).
The Pennsylvania Commonwealth Financing Authority (the “CFA”) authorized the…
March 25, 2020
The impact of the COVID-19 virus continues to affect federal and state courts in West Virginia.
On the state court side, on March 22, 2020, the Supreme Court of Appeals issued an order declaring a judicial emergency, finding the COVID-19 outbreak is an “an unprecedented public health emergency that requires immediate action to encourage effective social distancing and reduce the need for…
April 3, 2020
Among the many sectors that are provided relief under the CARES Act, higher education institutions are set to receive both appropriations and regulatory flexibility. The following discusses many of those provisions.
Of the roughly $2 trillion emergency funding provided under the CARES Act, $30.75 billion is included for an Education Stabilization Fund to provide assistance and relief to the…
April 2, 2020
For sports fans, one impact of the COVID-19 pandemic is the loss of the college basketball national tournament, aka “March Madness.” The university shut-downs across the country have resulted in all spring-sports athletes losing their season. Generally, a loss of a season would mean the loss of a year of eligibility to compete, but the National Collegiate Athletic Association (“NCAA”) recently…
March 31, 2020
Owners of "non-essential” business enterprises have the stress of social distancing AND the worry of saving the business during the pandemic. A loss of income that is directly related to business closures, a break or delay in the supply chain, and/or the effects of social distancing may already appear in businesses’ financials. Now is the time to be proactive and review policies of insurance to…
March 30, 2020
The sports world came to a screeching halt amongst COVID-19 concerns and bans on crowds. The National Basketball Association (“NBA”) led this charge when several players tested positive for COVID-19. The pandemic shut down of the NBA has contractual implications for all players. NBA players may also go without pay due to the force majeure clauses in the NBA’s collective bargaining agreement. …
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides relief to businesses in two ways: (1) business interruption loans through…
March 27, 2020
Scammers and hackers are exploiting the confusion and distress caused by COVID-19 to attack while people are most vulnerable. The FBI’s Internet Crime Complaint Center recently issued a public service announcement warning citizens to be vigilant in reviewing their emails due to email-based fraud, malware, and other schemes that are purposefully utilizing the COVID-19 crisis to lure unsuspecting…
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides tax relief provisions applicable to individuals, including:
Impact to…
March 27, 2020
Governor Beshear signed Senate Bill 150 on March 30, 2020, which addresses COVID-19 effects on the Commonwealth, specifically to allow for quick response by the healthcare system and protect those responding to the emergency. The new law also addresses other issues directly affecting employers.
Unemployment
Codifies the acts undertaken by Executive Order to allow for the expansion of unemployment…
March 26, 2020
In response to COVID-19, the Securities and Exchange Commission (“SEC”) has taken a variety of actions to assist and advise registered companies. These actions include:
March 26, 2020
The United States Patent and Trademark Office (“USPTO”) announced relief for trademark application and registration customers affected by the coronavirus (“Covid-19”) outbreak. The USPTO considers the effects of Covid-19 to be within the meaning of an “extraordinary situation” as provided in 37 CFR 1.183 and 37 CFR 2.146 for affected trademark customers.
What you need to know:
If your trademark…
March 26, 2020
On March 25, 2020, Pennsylvania launched the COVID-19 Working Capital Access Program (the “CWCA”) to help Pennsylvania small businesses impacted by the COVID-19 virus. CWCA is a new program authorized under the Small Business First Fund (the “SBFF”) of the Pennsylvania Industrial Development Authority (the “PIDA”).
The Pennsylvania Commonwealth Financing Authority (the “CFA”) authorized the…
March 25, 2020
The impact of the COVID-19 virus continues to affect federal and state courts in West Virginia.
On the state court side, on March 22, 2020, the Supreme Court of Appeals issued an order declaring a judicial emergency, finding the COVID-19 outbreak is an “an unprecedented public health emergency that requires immediate action to encourage effective social distancing and reduce the need for…
