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Search OptionsInsightsNew FAQ Addresses Eligibility of §115 Hospitals for PPP Loans
On Sunday, May 3, 2020, the Small Business Administration (“SBA”) added content to its Frequently Asked Questions (“FAQ”) for the payroll protection program (“PPP”) loans established under the Coronavirus Aid, Relief, and Economic Security Act… 
Further Relief for Indiana Businesses During the Time of COVID-19: Remote Meetings and Suspending Five-Year Limit on Reinstatements
Governor Eric Holcomb recently signed Executive Order 20-23, which provides further relief for Indiana businesses in light of COVID-19. A. Remote Annual Meetings for Corporations and Meetings for Nonprofit Organizations Remote annual meetings… 
Preparing for the (Likely) Coming Wave of Bankruptcies
As the economic fallout from the COVID-19 pandemic continues to rise – for example, J. Crew recently filed bankruptcy, and the financial press is predicting that Neiman Marcus may also file for relief this week – it seems prudent for secured lenders… 
IRS Provides Updated Guidance Related to Recent COVID-19 Releases
Guidance continues to be issued by various governmental agencies regarding the Paycheck Protection Program (the “PPP”) established by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). On April 30, 2020, the Internal Revenue… 
Getting Back on Track: How Indiana Businesses can Create the Plan Required by Governor Holcomb's Executive Order 20-26 to Keep Employees and Patrons Safe by the May 11, 2020 Deadline
As Indiana businesses work to reopen and return employees to the workplace, it is critical to understand the obligations under Governor Holcomb’s Executive Order 20-26 and its “Roadmap to Reopen” issued on Friday, May 1, 2020. Executive Order 20-26… 
CMS Publishes New Medicare Changes to Address the COVID-19 Pandemic
On April 30, 2020, the Centers for Medicare and Medicaid Services (“CMS”) announced a second round of changes to requirements designed to expand COVID-19 testing, to increase and support hospital capacity and workforce, and to expand Medicare… 
Updates to the Fed's Main Street Lending Program
On April 29, 2020, the Federal Reserve Board (the “Fed”) announced that it was expanding the Main Street Lending Program due to public feedback to expand its scope and eligibility and to create a new loan option. Unfortunately while the program has… 
Paycheck Protection Program: Confirm the Necessity or Return the Funds
Participants in the Paycheck Protection Program (“PPP”) established by the CARES Act face an upcoming fork in the road. Those that have received funding under the PPP may be half-way through the eight week period to expend funds that will be… 
Illinois Eviction Moratorium: Relief Extended to Non-Residential Tenants
On April 23, 2020, Illinois Governor J.B. Pritzker signed Executive Order 2020-30 (“Order”), which, among other things, extended relief previously provided by Executive Order 2020-10 prohibiting law enforcement from enforcing eviction orders for… 
COVID-19 and Supplemental Proceedings: Illinois Supreme Court Provides Guidance
On April 24, 2020, the Supreme Court of Illinois issued an emergency order (“Order”) concerning post-judgment proceedings against consumers. [1] The Order was entered to complement Governor J.B. Pritzker’s Executive Order 2020-25, which suspended… 
Workplace Safety and COVID-19: OSHA's Interim Enforcement Guidance and What It Means for Employers
The Occupational Safety and Health Administration (OSHA) of the U.S. Department of Labor (DOL) works to enforce the federal Occupational Safety and Health Act of 1970 (OSH Act). Congress enacted the OSH Act to ensure employers provide safe and… Beware of the Strings Attached To The Receipt of FFCRA, CARES Act, and Other Federal Funding During the COVID-19 Crisis
The federal government has offered several resources to aid those impacted by the COVID-19 pandemic. But such resources, including the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security (CARES)… 
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