This article provides a concise summary of the newly enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as it relates to foreclosure relief for homeowners and owners of multifamily real estate as well as protection for tenants residing in such properties. The provisions of the Act that affect real estate will remain in effectContinue Reading
In accordance with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the United States Patent and Trademark Office (USPTO) has extended the time to file certain trademark-related documents and to pay certain fees that otherwise would have been due on or after March 27, 2020. On March 13, 2020, the President declared aContinue Reading
In accordance with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the United States Patent and Trademark Office (USPTO) has extended the time to file certain patent-related documents and pay certain fees that otherwise would have been due on or after March 27, 2020. On March 13, 2020, the President declared a nationalContinue Reading
Chambliss’ Commitments to Our Clients, Friends, and Community – We know that you are struggling daily and trying to manage your personal lives and businesses in light of recent challenges posed by the COVID-19 pandemic. The full impact of the virus on our collective health, safety, and economic well-being are yet to be seen. We remainContinue Reading
On March 31, 2020, the Treasury Department and Small Business Administration (SBA) released guidance for prospective borrowers and lenders under the Paycheck Protection Program (the “Program”) created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and issued a sample loan application. Click the link for the sample loan application. Beginning April 3,Continue Reading
On April 1, 2020,—the very day the paid leave requirements in the Families First Coronavirus Response Act became effective—the Department of Labor (DOL) provided much-anticipated regulatory guidance. The DOL did so by providing regulations via an immediately effective “temporary rule,” which implements both the Emergency Paid Sick Leave Act (“Sick Leave Act”) and the EmergencyContinue Reading
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