As pandemic restrictions are being slowly lifted, commercial landlords are struggling to satisfy their debt service obligations while anchor tenants keep the purse strings closed. In a recent article, Bloomberg News details the ongoing struggle some of the biggest commercial tenants and landlords on the rarefied real estate known as Fifth Avenue. To read the…
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WORK-FROM-HOME AND BUSINESS TECHNOLOGY RULES
In today’s complex, work-from-home, and “flat-world” business environment, technology rules. However, along with technology comes countless industry-specific, international, national and state-based regulatory schemes which dictate how, when, why and where data can be processed – not to mention the new world issues with employees working remote. Of course, these practical, regulatory and legal requirements are…
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PPP-Round 2
On December 27, 2020, the “Consolidated Appropriations Act, 2021” (“CAA”), was signed into law. The CAA modifies and reopens the U.S. Small Business Administration’s Paycheck Protection Program initially created under the CARES Act. The reopened Paycheck Protection Program is available through March 31, 2021 and is available for first and second-time applicants. Generally, PPP loans…
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Just the FAQs (Frequently Asked Questions) – Extension of FFCRA Benefits into 2021
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021, better known as the $900 billion COVID-19 rescue stimulus bill. Among other provisions, the final bill modifies the paid leave provided by the Family First Coronavirus Response Act ("FFCRA"). Under the FFCRA, certain employers were required to provide Emergency Paid Sick…
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