COVID-19 Business Resource Center- UPDATED

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As the business challenges around COVID-19 continue to develop, Porter Hedges lawyers are providing clients guidance on issues related to new employment laws, business interruption, financial assistance, and more.

EMPLOYMENT

New DOL Regulations Clarify Families First Coronavirus Response Act's COVID-19 Paid Leave Policy (04.09.20)
April 6, 2020 Department of Labor Regulations offer important clarifications and interpretations of the Families First Coronavirus Response Act's paid leave policy for workers impacted by COVID-19.

New Paid Leave Policy Offers Broad Federally Mandated Leave for COVID-19 Relief (3.19.20)
The Families First Coronavirus Response Act enacts new provisions around both emergency paid leave and paid sick leave. (03.31.20 Update) Secretary of Labor Publishes Poster on Family and Medical Leave: Employers must post this notice by April 1, 2020 on site, via email, or on a company information website.

What Measures Should Employers Implement to Ensure a Safe Working Environment in Response to COVID-19? (03.25.20)
Employers should review guidance set forth by the CDC, EEOC, and OSHA to ensure a place of employment "free from recognized hazards that are causing or are likely to cause death or serious physical harm."

Practical Tips on the Harris County and Houston-area ‘Stay Home, Work Safe’ Order (03.25.20)
Answers to some of the most common questions regarding the Harris County stay at home order.

BUSINESS INTERRUPTION

Small Business Administration Clarifies "Necessity" of PPP Loans (04.23.20)
On April 23, 2020, the Small Business Administration released additional guidance on the Paycheck Protection Program (PPP), including clarification of the certification required of borrowers as to the “necessity” of the loan.

Texas Governor Defines "Essential Services" (04.06.20)
On March 31, 2020, Governor Greg Abbott issued Executive Order GA-14 which is set to expire on April 30, 2020.  Pursuant to the Order, “every person in Texas shall, except where necessary to provide or obtain essential services, minimize social gatherings and minimize in-person contact with people who are not in the same household.”

CARES Act: Paycheck Protection Program for Small Businesses (04.01.20)
The Paycheck Protection Program provides 100% federally guaranteed loans to small businesses.  This alert covers eligibility, the application process, borrowing limit calculations, and terms of the loan.

Is the Coronavirus Event a Force Majeure or Changed Condition Event? (03.26.20)
We think it qualifies as both.

Small Business Economic Injury Disaster Loans (03.20.20)
The Small Business Administration (SBA) has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans to small businesses and private non-profits.

COVID-19 Made Performance Impossible – Now What? (03.16.20)
Review your existing contracts and determine whether they contain force majeure clauses.

MORTGAGE RELIEF

Federally-Backed Mortgage Assistance Under the CARES Act (03.31.20)
The CARES Act provides for mandatory mortgage payment deferrals for both federally-backed single family mortgages and federally-backed multifamily mortgages, as well as issue foreclosure and eviction moratoriums.

COMPLIANCE

Ensuring Compliance During the COVID-19 Epidemic (04.01.20)
Businesses must not lose sight of the policies and procedures that guard your business from compliance risk.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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