As discussed in our March 27, 2020 newsletter, the CARES Act was recently signed into law by President Donald J. Trump. This newsletter provides an overview of the information from the CARES Act that we believe will be relevant for business owners. Our firm’s focus is on real estate and business transactions and litigation and bankruptcy, but we have included information related to tax provisions and individual relief as well. As always, feel free to reach out to us with any questions you have regarding the information provided in this newsletter.
Many clients have called or emailed us with questions as to how their businesses will be impacted by the current emergency situation created by the COVID-19 virus and changes in the laws implemented to address the same. We are providing this newsletter with the latest information and changes in the law on the topics addressed therein.
This newsletter covers the following topics:
I. Real Estate Commercial and Residential Related Issues
II. Taxes and Court Systems.
III. Breaches of Contract and Lease, Force Majeure and Common Law Defenses.
IV. Bankruptcy, Creditors Rights and Workouts.
V. CARES Act General Terms.
Below is a downloadable copy of the newsletter: