By LD Friedland, Managing Director, Wombat Capital Markets, LLC
As an investment banking professional who has worked with companies and investors in the medical device industry for the last 25 years, I have witnessed a number of seminal events that have had a dramatic impact on financial markets and on the medical device industry in particular. Not surprisingly, the global impact we are currently experiencing due to the COVID-19 pandemic is unprecedented.
On March 26, 2020, the New Jersey Economic Development Authority (NJEDA) initiated numerous programs aimed at helping New Jersey businesses weather the COVID-19 crisis.
The CARES Act, which became the law on March 27, 2020, includes the Paycheck Protection Program (PPP), which is a new loan program created under Section 7(a) of the Small Business Act. The PPP covers the period February 15, 2020 through June 30, 2020 and is a vital lifeline for small businesses suffering the negative economic impact of the COVID-19 pandemic.
By Richard A. West
Last week, New Jersey Attorney General Grewal announced a temporary waiver of certain regulatory requirements to facilitate the licensure of out-of-state medical practitioners, in anticipation of high demand for healthcare services throughout the state as the COVID-19 crisis escalates.
By Steven R. Rowland and Kenneth L. Moskowitz
Most insurance policies, including business interruption policies, use standardized language drafted by an insurance industry trade group that define coverage through an initial grant of coverage and exclusions that narrow the initial grant of coverage by excluding certain kinds of risk that may otherwise be covered.
By Stuart M. Brown, Kristina R. Brown, Norman D. Kallen
As a result of the ever-expanding response to the coronavirus health emergency, government entities across the United States and globally are imposing restrictions to curb the spread of the virus and contain the epidemic. The closures and bans are affecting businesses, commerce and commercial transactions everywhere, including within the State of New Jersey.
Our world has changed suddenly and BMK is responding and is prepared to meet your needs. As your trusted advisors, we are ready to leverage our expertise, experience and strategic alliances to provide needed counsel in these trying times.
Brown Moskowitz & Kallen Of Counsel Daniel M. Stolz was recently quoted in the news media with regard to two client bankruptcy matters.
Brown Moskowitz & Kallen partners Kenneth L. Moskowitz and Steven R. Rowland recently collaborated on an article that published in the 2019 “Points of Fact” newsletter produced by certified public accounting and consulting firm Sobel & Co.