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.
COVID-19 AND SBA Economic Injury Disaster Loans
SBA Economic Injury Disaster Loan Seminars Presented by SBA Representatives through April 3, 2020
New Jersey Fast-Tracks Licensure of Out-of-State Medical Professionals in Response to the Escalating COVID-19 Crisis
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.
Coronavirus and Business Interruption Coverage: A Realistic Assessment
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.
COVID-19 Crisis and Force Majeure Clauses
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.
COVID-19 Business Sustainability Checklist
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.