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April 2, 2020
April 2, 2020
While businesses close and the economy slows due to COVID-19, questions about obligations in real estate transactions and real property agreements continue to grow. Many parties may find themselves unable to meet their obligations because of the restrictions imposed by Executive Order 2020-21. Numerous companies and service providers supporting a real estate transaction are finding […]
March 31, 2020
As individuals and businesses seek to comply with the restrictive measures set in place to contain COVID-19, an organization’s ability to perform its contractual obligations may become difficult or impossible placing significant burdens on contracting parties. While this particular pandemic is unique, contract law has long acknowledged that unforeseen circumstances may arise after a contract […]
March 30, 2020
The DOL issued its first guidance on the Families First Coronavirus Response Act (“FFCRA”) last week that provided helpful information about paid sick leave and the expanded FMLA leave. Since then, the DOL has added significantly more information to its guidance, which clarifies several very important issues regarding the implementation of the FFCRA. Below we […]
March 30, 2020
This is a difficult and uncertain time for all businesses. Many business owners are contemplating how to retain and generate cash to meet obligations to employees and stakeholders. In times like this, an ounce of planning now is worth a pound of cure later. While the future is definitely uncertain, stress testing key variables to […]
March 30, 2020
In response to the economic impact of COVID-19 on American businesses, Congress passed the “Coronavirus Aid, Relief, and Economic Security Act” (“CARES Act”). This $2 Trillion stimulus package is designed to offset the significant disruption businesses are facing as the country battles COVID-19. The following is a brief guide to the Small Business Administration components […]
March 27, 2020
In the wake of Governor Whitmer’s “Stay Safe, Stay Home” Executive Order 2020-21, many residential contractors have been uncertain as to what steps they could take to “button up” ongoing projects. There has been a lot of confusion about whether existing projects could be finished, or whether all construction activities had to end immediately. The […]
March 27, 2020
Rhoades McKee is pleased to announce that Jon Siebers has been named as Chair of the firm’s Business Practice Group. As Chair, Jon is responsible for guiding business development growth and overseeing the delivery of the transactional services to the firm’s business clients. Rhoades McKee’s Business attorneys serve as counsel to businesses large and small […]
March 27, 2020
To say the regulated community’s situation is fluid during the time of COVID-19 would be an understatement. Questions swirl regarding compliance obligations, contract enforcement, agency enforcement, and more. At best, there is an inconsistent patchwork of agency responses. What will happen once the dust begins to settle? What will the new regulatory landscape look like? […]
March 26, 2020
What is the effective date of the Families First Coronavirus Response Act (“FFCRA”)? The DOL has indicated the effective date for FFCRA is April 1, 2020, and the paid leave provisions only apply to leave taken between April 1, 2020 and December 31, 2020. According to what we’ve seen from the Department of Treasury, leave […]