U.S. Capital where the CARES Act was put into law
NOTE: more information on this subject is also available in this recording of an interactive session with government contractors about these provisions. You May be Eligible for Reimbursement for Paid Leave Now that the dust has settled on the Paycheck Protection Program (which is also just about out of funding), it is time to look
Main Street Lending Option
On April 9, the Department of Treasury and the Federal Reserve published the regulations governing the Main Street Lending Program. This program is funded under the CARES Act and is designed to support small and mid-sized businesses who did not qualify for the Paycheck Protection Program (“PPP”). However, this program may also be available to
Congress passes CARES Act for Coronavirus economic impact
Late last week the President signed into law the CARES Act – a $2 trillion relief package to help companies harmed by the Coronavirus outbreak.  A very important part of this Act is the “Paycheck Protection Program” — which provides for nearly $350 billion for small business loans.   This program was set up through the
Coronavirus covid-19 impact on contract obligations
The quarantine and social distancing stemming from the Coronavirus covid-19 pandemic, has an effect on many businesses ability to meet their contractual obligations. In this live recording of attorney Lewis Rhodes talking to business owners on April 2, 2020, he covers the implications to businesses who are unable to meet their contractual obligations due to