In addition to the many provisions under the CARES Act of 2020 providing relief to businesses, both large and small, Congress sought to assist individuals who may be feeling the economic effects of COVID-19, including those who have lost their jobs as a result. Such relief comes at a price tag of approximately $600 billion of the $2 trillion total relief package. This article summarizes some of the major provisions designed to aid individuals.
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law by President Donald J. Trump on March 27, 2020, is a record-breaking expenditure designed to help individuals and certain businesses weather the economic storm they are facing in light of
the current COVID-19 pandemic.
Paycheck Protection Program
The Washington Metropolitan Area is experiencing an interesting time that we all hope will not last long and will never come again. As a result of these unexpected circumstances, however, many of us are forced by government edict to limit activities outside the home for some period of time. If you are experiencing that impact and now have a bit of down time and want to take care of some items on your to-do list, why not get your estate planning done? Rees Broome’s team of highly qualified estate planning attorne
On March 30, 2020, Virginia, Maryland, and the District of Columbia took further restrictive measures to prevent the spread of the COVID-19 pandemic. All three states issued “stay-at-home” orders that, to varying degrees, contain enforceable restrictions requiring residents to stay at home.
On March 24, 2020, the DC Government published Mayor Bowser’s Order 2020-53, which directs certain types of businesses to close and directs other types of businesses to telework except for certain essential functions, which must occur on site. The Condominium and its staff are not included within the closure or telework order. The Condominium is defined as an Essential Business under Section IV(k) of the Order since It falls within the definition of a “Housing and Living Provider”. This permits the staff t
On March 23, 2020, Governor Northam issued Executive Order Fifty-Three (EO-53), effective at midnight March 24, 2020, in response to the developing COVID-19 pandemic.
Law360 (March 20, 2020, 4:46 PM EDT) -- The Delaware Chancery Court has largely rejected efforts to bump to arbitration an 11-count, $3 million complaint accusing an LLC partner and its associates in a fundraising joint venture of stripping staff and assets from the joint business when it began prospering, leaving the other member behind.