President Trump signed into law an updated version of the CARES Act (the "Act") on March 27, 2020. The Act provides an estimated two trillion dollars' worth of relief for individuals and businesses in an effort to mitigate the effects of the ongoing COVID-19 pandemic.
The process related to Paycheck Protection Program ("PPP") loans under the CARES Act is moving quickly. Lenders may begin processing PPP loans as early as Friday, April 3, 2020, but it's unlikely all lenders will be ready to process and/or fund loans by this time.
To assist employers in compliance with Emergency Families First Coronavirus Response Act (FFCRA), which takes effect on April 1, 2020, Maslon's Labor and Employment Group has reviewed the various guidance and provided answers to the most frequently asked questions.
Under recently issued Emergency Executive Order 20-20, beginning Friday, March 27, 2020, at 11:59 pm, all persons living in the State of Minnesota are ordered to stay in their homes for two weeks (through April 10th at 5:00 pm) in an effort to slow the spread of COVID-19.
Contractors, subcontractors, suppliers, architects, engineers, and other participants in the construction industry face great uncertainty as the reach and impact of the novel coronavirus (COVID-19) pandemic continues to develop.
The Department of Labor (DOL) has issued initial guidance on the Families First Coronavirus Response Act (FFCRA). This guidance addresses key questions under the FFCRA.
Maslon is closely monitoring the government response to the Coronavirus (COVID-19) pandemic and its potential impact on businesses.
Beginning April 2, 2020, and continuing until December 31, 2020, employers with 500 or fewer qualifying employees will need to offer paid sick and FMLA leave to their employees affected by COVID-19.
Companies are currently facing great uncertainty as the reach and impact of the novel coronavirus (COVID-19) pandemic continues to develop. Disruptions in supply chains, on premise operations, office closures, worker shortages, and the resulting inability to perform under contracts are inevitable...
This past weekend the House of Representatives overwhelmingly passed the Emergency Families First Coronavirus Response Act (H.R. 6201).