Although a few counties and cities of Maryland continue to impose additional restrictions, Maryland, including Baltimore City, has lifted its stay-at-home order and is proceeding with its three stages of reopening as outlined in Maryland Strong: A Road to Recovery
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New Jersey Offices are Permitted to be Open with Restrictions
On March 21, 2020, Governor Murphy issued Executive Order 107 directing that businesses, including commercial and professional offices, must accommodate their workforce, wherever practical, for telework or work-from-home arrangements. To the extent employees are unable to perform their jobs via
New York Set to Advance to Next Phases in Reopening Plan
On Wednesday, June 17, 2020 New York Governor Andrew Cuomo announced that New York City, the Mid-Hudson Region, and Long Island are all expected to move forward an additional level under the State’s reopening plan within the next week. Currently,
Federal Reserve Expands the Main Street Lending Program
The Federal Reserve recently expanded its Main Street Lending Program (the “Program”) to three separate loan facilities: the Main Street New Loan Facility, the Main Street Priority Loan Facility and the Main Street Expanded Loan Facility (each, a “MSLP Facility”
COVID-19 Alert: Paycheck Protection Program Flexibility Act of 2020
On June 5, 2020, the President signed the Paycheck Protection Program Flexibility Act of 2020 (the “Act”), a bipartisan measure aimed at providing additional flexibility and extended relief to small business borrowers under the Paycheck Protection Program (“PPP”). Below is
NJ and NY Liquor Licenses- Alcoholic Beverage Sales and Service
As part of the phased opening of businesses in New Jersey limited outdoor restaurant food and beverage service is set to begin on June 15th. Operators should remember to obtain all necessary consent from their Landlord to permit the outdoor
New York Forward Loan Fund – Relief for New York’s “Small-er” Businesses
On May 22, 2020, New York Governor Andrew Cuomo announced the launching of the New York Forward Loan Fund (NYFLF), a loan program providing relief for small businesses or non-profits located in New York State or small landlords with properties
COVID-19 Alert – SBA Releases PPP Loan Forgiveness Application and Related Guidance
On Friday, May 15, 2020, the Small Business Administration (“SBA”) released the Paycheck Protection Program Loan Forgiveness Application (the “Application”) and instructions (the “Instructions”), which, together with applicable rules, will govern loan forgiveness under the Paycheck Protection Program (“PPP”). Despite
Cuomo Extends NY “Pause”, Opens Up Phase 1 in Certain Upstate Regions
On Thursday, May 14, 2020, New York Governor Andrew Cuomo issued Executive Order 202.31, which extended the “PAUSE” for non-essential gatherings and in-person conduct of non-essential businesses through May 28, 2020. The Governor cited the expected continued increase in
COVID-19 Alert – SBA Extends Safe Harbor Deadline to May 18, 2020
The Small Business Administration (“SBA”) has further updated its Frequently Asked Questions (“FAQs”) regarding implementation of the Paycheck Protection Program (“PPP”), to extend the repayment date for purposes of the safe harbor set forth in prior SBA guidance.
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