Firm Insights

Families First Coronavirus Response Act Leave: Department of Labor Issues Temporary Regulations

By Traci Dale Pupillo / April 7, 2020 / Comments Off on Families First Coronavirus Response Act Leave: Department of Labor Issues Temporary Regulations

On April 1, 2020, the Department of Labor (DOL) issued temporary regulations to implement public health emergency leave under Title I of the Family and Medical Leave Act (FMLA), and emergency paid sick leave for COVID-19 related reasons. Both types of leave were created by the Families First Coronavirus Response Act (FFCRA) and apply to…

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Congress Expresses Additional CARE(s) for Small Businesses Suffering Economic Injury

By Michelle F. Schwerin / April 2, 2020 / Comments Off on Congress Expresses Additional CARE(s) for Small Businesses Suffering Economic Injury

SBA’s Disaster Assistance Loan in the Age of COVID-19: “Economic Injury Declaration” by SBA Required for Missouri In a blog post we published last week, we discussed the U.S. Small Business Administration’s (the “SBA”) issued revised criteria for states (or territories) seeking an “economic injury declaration” related to COVID-19, which were released on Tuesday, March 17, 2020.…

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Businesses Should CARE(s) About This: The SBA Is Releasing New Information Regarding 7(a) Loans

By Michelle F. Schwerin / April 1, 2020 / Comments Off on Businesses Should CARE(s) About This: The SBA Is Releasing New Information Regarding 7(a) Loans

SBA: Paycheck Protection Program Late on Tuesday, March 31, 2020, the Small Business Administration (the “SBA”) updated their site with further information regarding 7(a) Loans under the Paycheck Protection Program. After the passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) on Friday, March 27, 2020, further guidance from the SBA was…

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