How can a business stay afloat during the Coronavirus shutdown? Coronavirus Aid, Relief and Economic Security Act (the “CARES” Act) became law on March 27, 2020. The Act contains wide-ranging provisions for government assistance to industries, enterprises and individuals. Summarized below are some of the most salient provisions relating to...
As the situation and circumstances of the novel coronavirus (COVID-19) continue to change, we hope that you and yours are staying safe, healthy and protected. At Epps & Coulson, we have been closely monitoring the recommendations of the World Health Organization and U.S. Centers for Disease Control and Prevention as...
Many employers are rightfully concerned with how best to manage the business and financial impact and implications of the COVID-19 outbreak and resulting closures and dislocations. Some are considering temporary furloughs of workers as an alternative to terminations or reductions in force (“RIFs”). Below, we provide a general overview of...