Firm Insights

Mid-Sized Businesses, The CARES Act Care(s) About You!

By Michelle F. Schwerin / April 30, 2020 / Comments Off on Mid-Sized Businesses, The CARES Act Care(s) About You!

The information on this post is current as of 4/29/2020. After being signed into law on March 27, 2020, much of the focus surrounding the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) has centered around the Paycheck Protection Program and the Economic Injury Disaster Loan and Emergency Grant. Both programs are designed…

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With Great Funding Comes Great Responsibility: Oversight and Enforcement Provisions within the CARES Act

By Michelle F. Schwerin / April 28, 2020 / Comments Off on With Great Funding Comes Great Responsibility: Oversight and Enforcement Provisions within the CARES Act

On April 21, 2020, Treasury Secretary Steve Mnuchin, expressed concern that large companies – not the intended Paycheck Protection Program (“PPP”) participants – had applied for and received PPP loans. He unequivocally showed that the government will closely scrutinize representations made by PPP Loan borrowers as they apply for loan forgiveness and that the government…

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CARES Act: $200,000,000 COVID-19 Telehealth Program

By Drew H. Westbrook / April 11, 2020 / Comments Off on CARES Act: $200,000,000 COVID-19 Telehealth Program

Last week the FCC adopted a $200,000,000 COVID-19 Telehealth Program to provide funding to health care providers battling the coronavirus pandemic. On April 2, 2020, the FCC released its report and order establishing the program. Purpose The CARES Act appropriated funds for telehealth services so that health care providers can connect to patients remotely, reducing…

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