NEW LANDLORD PROTECTIONS - COVID BANKRUPTCY FILINGS BY TENANTS The newly enacted Consolidated Appropriations Act, 2021 (“CAP”) makes several amendments to the Bankruptcy Code based upon the severe financial hardships suffered by both tenant debtors and landlords as a result of the COVID-19 pandemic. The amendments relate to the deferral...
COVID 19: Business Interruption Insurance Coverage Update Insurers for shuttered businesses have almost uniformly denied claims for business interruption. But, insureds across the country have challenged the denials. Those lawsuits are starting to come to conclusion and while judges have sided with the insurance companies in many cases, restaurants in...
PPP LOANS – ROUND 2 Please note the Eligibility for a loss in revenue is 25 percent for any quarter of 2020. On December 27, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (“PPP2 Act”) came into law, changing rules for Paycheck Protection Program (“PPP”) loans, including...
COVID 19: Should Employers Mandate Employees Take the Vaccine? The first COVID-19 vaccines are being administered and while it may be quite some time before the vaccines will be available to most of us, employers may well want to begin considering whether to have a vaccine policy. Why? In other...
Titan Employers Fight To Keep Employees From Competitors Most employers well know that it takes months (sometimes years) to realize the cost of onboarding new employees and with high level management employees and key employees, the loss can cause significant financial repercussions. Proactive employers typically have confidentiality agreements to protect...
Bankruptcies: Abatement of Rent During the Pandemic 2020 has not been kind to landlords, restaurants, and other segments of the retail industry. Commercial landlords need rents to pay the property taxes, insurance and mortgage, which may be guarantied by the owners of the corporate landlord. Commercial tenants need retail sales...
EEOC Answers Questions About COVID-19, the ADA, the Rehabilitation Act and Other EEO Laws The U.S. Equal Employment Opportunity Commission issued technical Assistance Questions and Answers in a December 16th update. If you are an employer, you should review it. We provide it here in full: INTRODUCTION All EEOC materials...
HEALTHCARE PROVIDERS – COVID FINANCIAL HARDSHIPS CASCADE OVER THE PROVIDER AND THEIR CREDITORS Healthcare providers across the nation are suffering financial hardship caused by COVID-19, amounting to more than half a trillion dollars since March1. Besides the increased costs associated with COVID-19 protocols, losses accumulate due to canceled services, whether...
CALIFORNIA IS AT THE FOREFRONT OF U.S. PRIVACY LAWS Californians passed Proposition 24, a Consumer Personal Information Law and Agency Initiative. The law requires extra compliance and requires a company to publish retention periods for various kinds of personal data captured by the company. The new law also gives consumers...
WORK FROM HOME LEGAL ISSUES – AVOID THE LAWSUITS Expense Reimbursement The Stay at Home Orders arising from the COVID-19 pandemic forced many employers to have employees work from home (“WFH”) and the WFH era is upon us. Having considered the cost savings, benefits and employee morale, many employers, large...