The COVID-19 pandemic of 2020 has caused significant financial hardship in the hospitality industry.
This alert addresses the tax consequences of a lender and borrower agreeing to restructure a loan by either: (1) reducing...more
As we noted previously, on April 7, 2020, the Council of the District of Columbia (the “Council”) unanimously passed the COVID-19 Response Supplemental Emergency Amendment Act of 2020 (the “COVID-19 Supplemental Act”). This...more