Many of our clients have applied and been approved for Paycheck Protection Program (“PPP”) loans under the CARES Act. One of the primary benefits of a PPP loan is that all or a [...]
Pennsylvania’s Secretary of Health has issued an order requiring companies with continued in-person operations to implement and follow certain workplace safety measures. The safety measures [...]
De-Risking Series: De-Risking Business Sales with Equity Incentives and Employment Contracts
In Corporate Issues PostedUpon learning that a business is contemplating a sale, employees often become nervous about how changes in ownership and management may impact them and sometimes seek other opportunities before [...]
Business Interruption Update: Pennsylvania Introduces Bill to Force Insurance Companies to Pay for COVID-19 Related Losses
In Risk Mitigation PostedOn April 3, 2020, Pennsylvania introduced House Bill 2372 which is an “act providing for insurance coverage for business interruption.” The bill is similar to legislative measures [...]
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted in response to the COVID-19 pandemic. Section 1102 of the CARES Act provides for $349 billion in [...]
On Sunday, the Pennsylvania Secretary of the Department of Health issued new standards for building cleanliness to protect the public health. The new order applies to all buildings with at least [...]
The CARES Act waives the required minimum distribution rules for IRAs during 2020. The waiver is not applicable to defined benefit plans (i.e. pensions). Example: While employed, Larry [...]
As discussed in prior updates, on March 27, 2020, the CARES Act was officially enacted into law as part of the legislative response to the COVID-19 crisis. One of the most talked-about aspects of [...]
Employer Alert: Department of Labor Issues New Coronavirus Paid Leave Regulations
By Jim O'Connor
In Employment and Labor Posted The U.S. Department of Labor (DOL) has issued a temporary rule providing additional information on the paid leave provisions of the Families First Coronavirus Response Act (FFCRA). The FFCRA went [...]
Pennsylvania School Districts Have Discretion to Continue Critical Construction Projects
In Construction & Commercial Roofing PostedThe Pennsylvania Department of Education has indicated that school districts have the authority to continue critical construction projects. They can continue construction without seeking formal [...]
