Following declarations of emergency and actions in the counties surrounding Birmingham, the Alabama State Health Officer determined that further social distancing measures are necessary on a statewide basis to prevent the spread of COVID-19. In “Alabama Issues Statewide Stay-at-Home Order,” colleagues Robert A. James, Amanda G. Halter discuss how the The April 3 State Health Officer order combines the state’s definition of essential activities with the federal definition of essential workforce.
Understanding SBA Loan Opportunities Under the CARES Act Amidst COVID-19
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The CARES Act provides $350 billion for small business Paycheck Protection Loans and an additional $10 billion for the existing Economic Injury Disaster Loan program. Colleague David Miller describes the new Paycheck Protection Loan Program and the existing Economic Injury Disaster Loan Program below. These are complex programs, with regulations still being developed by the Small Business Administration.
Join Us Today! Pillsbury Industry Insights: Hotels & Hospitality Webinar
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Please join us today, April 7, 2020, at Noon ET / 9:00am PT for an Industry Insights webinar series designed to help clients spot issues, mitigate risk and navigate challenges specific to their industry.
During this webinar Christian Salaman, David Klein and Paul Shapses will discuss the hotel and hospitality industry with a focus on helping hotel owners and operators, and developers and lenders address ongoing developments pertaining to the COVID-19 (Coronavirus) pandemic.
This 45-minute conversation will cover:
- Short- and long-term approaches to consider for dealing with low occupancy and declining operating revenue
- Financial issues specific to industry loans
- Insurance coverage in the context of the hotel & hospitality industry
- Insurance-related litigation outlook
- Q&A
COVID-19: Understanding Business Interruption Insurance and Wide-Impact Catastrophes
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Due to the spread of COVID-19, companies are facing unique challenges to their businesses, including supply chain interruptions, employee and customer safety concerns and government regulations, restrictions and shutdowns. In “COVID-19: Understanding Business Interruption Insurance and Wide-Impact Catastrophes,” colleagues Joseph D. Jean, Eric M. Gold, Janine Stanisz, Tamara D. Bruno and Brendan Hogan discuss how policyholders can expect insurers to put forth strong objections to many of their claims in an effort to reduce the liability exposure.
Texas Environmental Compliance During the COVID-19 Pandemic
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Temporary environmental enforcement discretion and forbearance policies can provide relief for companies and individuals unable to comply with conditions of their permits due to the impacts of COVID-19 on their workforce and operations. In “Texas Environmental Compliance During the COVID-19 Pandemic,” colleagues Anthony B. Cavender, Sheila McCafferty Harvey, Reza Zarghamee and Amanda G. Halter discuss how environmental agencies are responding with updated compliance and enforcement policies.
Practical Tips for Managing Environmental Issues During the Coronavirus Pandemic
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Due diligence and compliance challenges require flexible approaches and creative solutions. In “Practical Tips for Managing Environmental Issues During the Coronavirus Pandemic,” colleagues Sheila McCafferty Harvey and Reza Zarghamee discuss how proactive and creative compliance strategies, and effective strategies to document parties’ efforts to comply with existing obligations, can help hedge against transactional and compliance risks.
Pillsbury’s Industry Insights: Restaurant, Food & Beverage Webinar
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Please join us April 8, 2020, for an Industry Insights webinar series designed to help clients spot issues, mitigate risk and navigate challenges specific to their industry.
During this webinar Anna Graves, Carrie Bonnington and Paula Weber will discuss the restaurant, food & beverage industry with a focus on helping restaurant owners, operators and investors, as well as vendors and suppliers, address business issues relating to the COVID-19 (Coronavirus) pandemic.
This 45-minute conversation will cover:
- Employment Decisions and Issues
- Families First Coronavirus Response Act
- CARES Act Stimulus Bill
- Alcohol Beverage Law Temporary Relief
- Q&A
COVID-19 Impacts on REITs and Mitigation Strategies
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REITs have several options to defer required dividend distributions through the current year and even significantly into next year (although at a potential cost), and the use of combined cash and stock distributions may greatly reduce a REIT’s cash outlay for dividend distributions. In “COVID-19 Impacts on REITs and Mitigation Strategies,” colleagues Robert S. Logan, Brian M. Blum and Peter J. Elias address how REITs need to be sensitive to the consequences of acts taken in response to the COVID-19 pandemic on their compliance with the REIT tests under the tax laws.
So the Government Shut Down Your Construction Project—What Next?
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The impact of COVID-19 on construction projects continues to evolve as an increasing number of are issuing orders suspending construction. While complying with obligations in the face of a project being shut down, parties should not lose sight of actions that will best position them when construction resumes. In “So the Government Shut Down Your Construction Project—What Next? colleagues Matthew Stockwell and Laura Bourgeois LoBue discuss the legal issues that may come into play in the event of a COVID-related shutdown.
CARE Act Tax Deferrals and Refund Provisions
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The Act represents the third legislative attempt to address the economic effects of the COVID-19 pandemic. In “CARES Act Provides Tax Deferral and Refund Opportunities,” colleagues Brian M. Blum and Harsha Reddy address that many of these provisions provide taxpayers with liquidity benefits by providing cash payments, pushing back tax payment dates and reducing current and prior year tax liabilities.