News & Analysis as of

Financial Distress State of Emergency

Best Best & Krieger LLP

AB 3088: California Eviction Protections

The Tenant, Homeowner, and Small Landlord Relief and Stabilization Act of 2020 - To address what is expected to be an overwhelming number of residential evictions resulting from the COVID-19 pandemic and associated...more

Lewitt Hackman

Effective Immediately: Residential Tenants Receive Further COVID-19 Protections in California

Lewitt Hackman on

On August 31, 2020, California Governor Gavin Newsom signed an eviction protection law that significantly amends the long-standing procedures for initiating and prosecuting residential unlawful detainer actions based on...more

Ballard Spahr LLP

HUD and VA Extend Foreclosure Moratoriums Through August 31

Ballard Spahr LLP on

On June 17, 2020, the U.S. Department of Housing and Urban Development (HUD) in Mortgagee Letter 2020-19 extended the foreclosure and eviction moratorium for FHA insured single-family loans from June 30, 2020 to August 31,...more

Akerman LLP

FHFA Again Extends Eviction and Foreclosure Moratorium

Akerman LLP on

On June 17, 2020, the Federal Housing Finance Agency (FHFA) announced an extension of its eviction and foreclosure moratorium due to the COVID-19 pandemic until August 31, 2020. This is an extension of FHFA’s May 14 and March...more

Greenberg Glusker LLP

Cannabis in the Time of COVID: Where Things Stand and Where they are Going

Greenberg Glusker LLP on

At the start of the year, the cannabis industry in California was facing growing pains. Licensed businesses were struggling with high tax rates and unfair competition from a rampant and largely unchecked black market. Then...more

Dechert LLP

Revisiting the DIFC Insolvency Law in the Context of the COVID-19 Crisis: An Innovative Toolkit for the Turnaround of Troubled...

Dechert LLP on

In the wake of the high profile collapse of the private equity firm Abraaj Capital, the Dubai International Financial Centre (“DIFC”) updated its insolvency regime with the introduction on June 13, 2019 of the new DIFC...more

White & Case LLP

COVID-19: Hong Kong Government Financial Assistance Measures

White & Case LLP on

In response to the challenges arising from the novel coronavirus (“COVID-19”) pandemic, the Hong Kong Government (the “Government”) has introduced financing support, tax and other temporary relief measures intended to help...more

Downs Rachlin Martin PLLC

Vermont Establishes Economic Mitigation & Recovery Task Force

The task force is made up of three action teams. Vermont Governor Phil Scott and the Agency of Commerce and Community Development (ACCD) have established the State of Vermont Economic Mitigation and Recovery Task Force. The...more

Dechert LLP

SEC Takes Targeted Action to Assist BDCs in Light of COVID-19 Coronavirus Pandemic

Dechert LLP on

The Securities and Exchange Commission issued an order on April 8, 2020, providing relief to business development companies whose operations may be affected by the COVID-19 coronavirus outbreak (Order). In the Order, the SEC...more

Farella Braun + Martel LLP

Wine Businesses, Lenders, and Difficult Conversations

The COVID-19 pandemic and public health efforts to combat it will impact different wine businesses in different ways. Those that depend on on-premise and direct-to-consumer (DTC) sales, such as restaurant, hospitality, and...more

Hudson Cook, LLP

COVID-19 and MCA Transactions: Emergency Circumstances Demand Servicing Changes

Hudson Cook, LLP on

COVID-19 and the related emergency has had a dramatic effect on small businesses. States have implemented "stay-at-home" orders or otherwise ordered the closure of non-essential businesses, resulting in the virtual...more

McDermott Will & Emery

COVID-19 – Der Wirtschaftsstabilisierungsfonds (WSF)

WAS IST AUFGABE DES WSF? Mit dem Wirtschaftsstabilisierungsfondsgesetzes (WStFG) wird der WSF als Ergänzung zu den Hilfen im Rahmen von Darlehen, die über die KfW-Sonderprogramme beansprucht werden können, ins Leben...more

Hinshaw & Culbertson LLP

A Funding and Business Viability Checklist for Companies Contending with Effects of the COVID-19 Crisis

The COVID-19 crisis is having a very substantial impact on many businesses. On a daily basis, they are struggling to continue their operations while facing mounting economic losses and ongoing cash flow shortfalls. A number...more

Rivkin Radler LLP

State Governments Look to Property Insurers for Small Business Relief

Rivkin Radler LLP on

The economic realities brought on by the COVID-19 pandemic have forced our government at both the federal and state level to take unprecedented action. And, despite congressional passage of the Coronavirus Aid, Relief, and...more

Butler Snow LLP

Homeowners Liability Insurance Coverage for Coronavirus-Related Claims

Butler Snow LLP on

The coronavirus has quickly spurred significant changes in most people’s daily lives and routines. In light of the widespread closure of public places and a growing number of safer-at-home orders, nearly everyone has found...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020 #3

Coronavirus Throws EU Climate Plans into Disarray - "Czech Prime Minister Andrej Babiš said last week that the EU should 'forget about' the Green Deal for now while it focuses on Coronavirus." Why this is important: ...more

Conn Kavanaugh

Small Business Loans Under the Coronavirus Aid, Relief and Economic Security (Cares) Act

Conn Kavanaugh on

On Friday, March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act became law. One of the key provisions of the CARES Act is the introduction of a new Paycheck Protection Program, which makes significant...more

Foley Hoag LLP

COVID-19 Relief Loans for Small Businesses

Foley Hoag LLP on

Small businesses adversely affected by COVID-19 may apply for special loans provided or guaranteed by the U.S. government. There are two types of loans: 1. Economic Injury Disaster Loans (“Disaster Loans”) directly from...more

Benesch

Navigating Financial Distress Caused By The Coronavirus Pandemic

Benesch on

The COVID-19 pandemic has begun to have an almost crippling effect on the short-term operations of virtually all commercial businesses of any size, as well as their long-term viability. Even businesses classified as...more

Balch & Bingham LLP

Summary of Coronavirus Aid, Relief, and Economic Security (CARES) Act

Balch & Bingham LLP on

On March 25, 2020, the Senate voted 96-0 to approve the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The House is expected to vote on this bill on Friday, March 27....more

White & Case LLP

Covid Corporate Financing Facility: further details released

White & Case LLP on

In our client alert entitled "Government-backed initiatives to support businesses impacted by the Coronavirus" we gave an overview of various measures announced by the UK Government to help UK business through the economic...more

White & Case LLP

European Commission publishes its emergency COVID-19 State aid rules and rapidly approves ten State aid schemes

White & Case LLP on

The European Commission has now adopted a Framework of temporary State aid rules enabling Member States to adopt measures to support the growing number of businesses suffering because of the COVID-19 outbreak. This is the...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 – Financing Related Considerations

We are sadly amid one of the most extraordinary times any of us can remember. The prevailing hope and expectation is that the current extraordinary times and related disruption is temporary. The rise in “cov-lite” and...more

White & Case LLP

Restrictions on foreign investments imposed by the Spanish government

White & Case LLP on

On March 17, 2020 the Spanish Government approved Royal Decree-Law 8/2020 ("RDL") which contains a number of measures to reduce the impact of the COVID-19 outbreak in Spain....more

Lowenstein Sandler LLP

Economic Stimulus Package: Expect Passage Within Days (Rogers)

Lowenstein Sandler LLP on

In a proposal originally penned by the Treasury Department and taken up by Senate Republicans, the Trump Administration seeks passage of a nearly $1 trillion Novel Coronavirus/COVID-19 relief and economic stimulus plan that...more

25 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide