Staging a Comeback: Rules for Re-Engaging Your Workforce in the Age of COVID-19

On April 16, 2020, the White House issued “Opening Up America Again,” a three phase state-by-state approach for reopening the U.S. economy.  Some state governors, including Governor Herbert in Utah, are beginning to relax stay-at-home orders.  This memo discusses the top compliance and workplace concerns your business may face as you stage your comeback. RISK…

EEOC Issues Updated Guidance for Employers: Balancing COVID-19, the ADA and Other EEO Laws (Updated 4/24/2020)

On April 9, 2020, the EEOC updated its Technical Assistance Questions and Answers guidance page to include additional information for employers during the COVID-19 pandemic, stating that the “EEO laws, including the ADA and Rehabilitation Act, continue to apply during the time of the COVID-19 pandemic, but they do not interfere with or prevent employers…

Small Business Reorganization Opportunities After COVID-19

The Combination of the Small Business Reorganization Act of 2019 (SBRA), and the Coronavirus Aid, Relief and Economic Security Act (CARES Act) Create New, Streamlined, Less Expensive Bankruptcy Reorganization Route for Many Small Businesses Through passage of the Small Business Reorganization Act of 2019 (SBRA), effective February 19, 2020, Congress amended the Bankruptcy Code to…

Federal Reserve Unveils Details of $2.3 Trillion to Help Economy

Article from CNBC: https://www.cnbc.com/2020/04/09/federal-reserve-unveils-details-of-its-much-anticipated-main-street-lending-program.html “The Federal Reserve on Thursday announced a bevy of new moves aimed at getting another $2.3 trillion of financing into businesses and revenue-pinched governments. Stock futures jumped after the announcement, which came moments after the government reported that 6.6 million new jobless claims were filed last week. Among the Fed’s measures were details regarding its Main…

New SBA Program as a Result of the CARES Act

The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law on Friday, March 27th. The act includes a provision for SBA loans to businesses meeting certain qualifications with loan forgiveness and payment deferral relief options. Click here for more information: https://documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3A63096d6e-b0cb-4321-885a-543f5398407b

Paycheck Protection Program and the Economic Impact Disaster Loan provided for in the Cares Act

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has important provisions all businesses should be evaluating right now.  The Paycheck Protection Program (PPP) allocates almost $350 billion to help small businesses keep their employees and prevent other losses caused by the COVID-19 pandemic.  PPP loans are 100% federally guaranteed and the funds may…