State Stay At Home Orders and Essential Business Determination
AISC is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on this page is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information. If you have specific questions or concerns, we recommend you check with your company's attorney or local and state officials.
March 28, 2020
AISC counsel Cohen Seglias provides a Covid-19 resources
As the effects of the coronavirus pandemic evolve, the rules are changing every day as federal, state, and local lawmakers issue new regulations, restrictions, and reporting requirements. Cohen Seglias attorneys are closely monitoring the legal and regulatory landscape to provide clients and contacts with up-to-date information and advice.
During the coronavirus pandemic, our focus remains on the health and well-being of our employees, clients, and communities. We hope that you and your loved ones stay safe as we navigate through the challenges that lie ahead.
March 26, 2020
COVID-19 Resource Package for Construction Contractors 2.0
With the number of reported cases of coronavirus (COVID-19) increasing, governors in various states are taking varying measures to reduce the spread of the virus. In some states, construction is still considered an “essential business,” whereas in others, construction can only continue for “emergency repairs” or the “construction of health care facilities.”
Cohen Seglias’ Construction Contracts & Risk Management Group prepared sample notice letters for use on jobs where contractors and subcontractors are still ordered to work either in violation of shutdown orders or under unsafe work conditions that are contrary to the CDC guidelines.
March 26, 2020
Department of Labor to Employers: You Must Notify Your Employees of New Paid Leave Laws by April 1, 2020
The Families First Coronavirus Response Act, effective April 1, 2020, requires certain public employers and private employers with fewer than 500 employees to provide E-FMLA and Emergency Paid Sick Leave to eligible employees. Employers must notify current employees of these benefits by circulating the official Notice of Employee Rights published by the Department of Labor, depicted below and found online here.
Deal Reached on Corona Virus Relief Package
Lawmakers and the Trump administration reached an agreement on a nearly $2 trillion coronavirus emergency rescue package, a move intended to assist businesses and millions of Americans amid an unprecedented halt in the economy. The announcement caps five days of tense negotiations between senators and the White House. Both the Senate and House still need to approve the bill before sending it to President Donald Trump for his signature.
March 24, 2020
Stites and Harbison, PLLC
Coronavirus and Force Majeure Provisions In Construction Contracts: May I Be Excused?
By Allyson True Cook and Cassandra L. Welch, Stites & Harbison, PLLC
The World Health Organization (WHO) officially declared COVID-19 a pandemic on Wednesday, March 11, 2020. While we have all experienced the effects the spread of the novel coronavirus has had on our daily lives, the total impact the virus will have is still unclear. As the virus continues to run its course, contractors and owners must begin to address concerns with project delays, liquidated damages clauses, and cost overruns on projects--to name a few.
March 18, 2020
National Electrical Contractors Association
The U.S. Department of the Treasury and IRS to Provide Relief from Tax Payments
On March 18, 2020, the U.S. Department of the Treasury released a statement on what was being done to minimize the impact COVID-19 has on families and small businesses. This guidance does not change the April 15 filing deadline but allows tax payments to be deferred until July 15, 2020 with no penalties or interest. Those individuals that owe less than $1 million and corporations that owe less than $10 million qualify for this relief. The IRS resource page on Coronavirus Tax Relief can be found here.
March 18, 2020
Stites & Harbison PLLC
COVID-19 Ushers in Mandatory Paid Leave - What Employers Need to Know
By Demetrius O. Holloway and Rebecca A. Weis, Stites & Harbison, PLLC
On March 18, 2020, Congress passed the Families First Corona Virus Response Act. This broad-reaching legislation addresses several workplace issues related to the emergency circumstances brought about by COVID-19. The new law imposes two new requirements upon employers with 500 or fewer employees: temporary and narrow expansion of traditional federal Family and Medical Leave and mandatory paid sick leave. Employees of healthcare providers and emergency responders may be excluded. Additionally, the U.S. Department of Labor may exempt businesses with less than 50 employees under certain circumstances.
Other Finance-Related Items
- The administration has suspended student loan payments for 60 days with no penalty.
- The Fed expanded its money-market help to include municipal bonds.
- Homeowner Assistance. Fannie, Freddie & FHA are suspending evictions & foreclosures.
- COVID-19 and Your Credit Report from Experian
Use the interactive Tableau dashboard below to view stats for COVID-19 cases. To open this in a new window, click here.