News

PPP to PPPFA

Relaxed and More Flexibility Great news! Loans under the Paycheck Protection Program under the Coronavirus Aid, Relief and Economic Security (CARES) Act (“PPP”), and most importantly, the forgiveness requirements provisions have been somewhat relaxed as of this morning by passage of amendments to the PPP Act (“PPPFA”). The changes will...

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California Senate Bill No. 939

California Senate Bill No. 939 (“SB-939”) proposes to add Section 1951.9 to the Civil Code (“Section 1951.9”).  If SB-939 is passed as currently proposed, it would become effective immediately and have a HUGE impact on existing leases and the rights of commercial property developers and landlords. SB-939 Would provide two...

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Paycheck Protection Program Are you off the hook?

  Paycheck Protection Program (PPP): Are you off the hook? The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides that loans made under the Paycheck Protection Program (“PPP”) do not require a personal guarantee or collateral. However, this waiver does not mean that the individual shareholders, members, or...

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Workers Comp Payroll Reporting Reprieve

The Workers’ Compensation Insurance Rating Bureau (“WCIRB”) recently proposed the following employer reporting changes: Allow the assignment of Classification 8810, Clerical Office Employees, while the California stay-at-home order is in place and for thirty days thereafter, for employees whose reassigned job duties meet the definition of Clerical Office Employees and...

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Coronavirus: Landlord and Tenant Matters

As of Monday, April 6, 2020, all California courts are prevented from processing evictions and judicial foreclosure actions (with some limited exceptions). The emergency rules are designed to protect tenants and borrowers, govern all California State Courts and apply to both residential and commercial tenants and borrowers. Below are synopsis...

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Employee Options: Coronavirus

REPRIEVE IN PAYMENT OF INSURANCE PREMIUMS As the Coronavirus crisis makes it much more difficult for employers to make premium payments and disrupts the submission and processing of insurance claims, we wanted to alert clients about the California Department of Insurance (DOI) issuance of two significant notices requesting leniency from...

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