As a result of the COVID-19 pandemic, commercial landlords and tenants are now faced with difficult decisions regarding their ongoing relationship. Landlords and tenants alike must revisit their leases and scrutinize each clause to determine their respective obligations. Ultimately, landlords and tenants should work together to find common ground regarding relaxation of lease provisions addressing rental default and timing of payment obligations. Dialogue now will ultimate

The following guidance is being provided by OlenderFeldman LLP based upon the Small Business Exemption to the Families First Coronavirus Response Act (“FFCRA”), with official updated guidance provided by the U.S. Department of Labor (“DOL”). See https://www.dol.gov/agencies/whd/pandemic/ffcra-questions. This information is subject to change based upon revised guidance that may follow from the DOL and all clients should refer to the aforementioned website for updated informati

The Paycheck Protection Program offered by the SBA - to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis is now available. Click here for more information: https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp

Just like the Spanish Flu of 1918, the COVID-19 outbreak will come to an end. Governments across the globe have offered different timelines for a “return to normal,” but rest assured, it will happen. When it does, those landlords and tenants who collectively found a way to work together through the acute times of this crisis will be a step ahead of their respective competitors. Barring a complete paradigm shift, tenant “employers” will need office space for their employees

Just like the Spanish Flu of 1918, the COVID-19 outbreak will come to an end. Governments across the globe have offered different timelines for a “return to normal,” but rest assured, it will happen. When it does, those landlords and tenants who collectively found a way to work together through the acute times of this crisis will be a step ahead of their respective competitors. Barring a complete paradigm shift, tenant “employers” will need office space for their employees

With approximately 80% of the nation on some sort of lockdown or work restriction, working from home has become the new normal for many. As noted from my last posting, one result of this shift has been more data breaches, including increases of over 100% in many industries. There are numerous actions which all businesses should be taking (and should have been taking prior to the Coronavirus outbreak) to maintain appropriate data privacy and security policies and procedures

The following guidance is being provided by OlenderFeldman LLP with respect to notice requirements under the Families First Coronavirus Response Act (“FFCRA”) and FFCRA application to furloughed employees, with official updated guidance provided by the U.S. Department of Labor (“DOL”). See https://www.dol.gov/agencies/whd/pandemic/ffcra-questions. This information is subject to change based upon revised guidance that may follow from the DOL and all clients should refer to the

Our local court systems have been unprecedently affected by COVID-19 just like other resident businesses. New Jersey Supreme Court Chief Justice Stuart Justice Rabner entered an order on March 27, 2020 that provides procedural and logistical guidance on the suspension of certain court proceedings in the New Jersey State courts. As of March 22, 2020, New York State courts temporarily suspended filings (both paper and electronic) in non-essential matters which includes the ma

REQUIRED DOCUMENTATION TO BE SUBMITTED IN ORDER TO OBTAIN PPP LOANYou must submit specific documentation with your PPP loan application in order to be reviewed and potentially accepted. Find the list here: Documentation List. Key Points from the U.S. Treasury Guidance Background: On April 1, 2020, the U.S. Department of the Treasury released guidance on the Paycheck Protection Program (PPP) which has modified certain provisions under the CARES Act. Maturity Date & Interest