Covid-19 Information Hub

On April 23, 2020, the Small Business Administration (“SBA”) published FAQ #31, indicating that borrowers should reexamine their good faith certification made on the application for a Paycheck Protection Program (“PPP”) loan. FAQ #31 indicated that borrowers should have considered liquidity levels and evidence of current adverse business conditions—neither of which considerations […]

Following the Centers for Disease Control and Prevention’s (CDC) recommendations, and some state and local requirements, the wearing of face masks and face coverings has become prevalent. The intent is to prevent the person wearing the face mask or covering from spreading the COVID-19 virus to others and to keep […]

Recently, the US Department of Homeland Security announced that it will modify Form I-9 requirements for certain List B documentation, in light of the fact that many state DMVs are closed and not renewing driver’s licenses and state IDs. A temporary policy was issued effective May 1st for List B identity […]

Governor Ricketts has expanded the State’s unemployment insurance and short-time compensation (“STC”) relief since Executive Order 20-04, the first of a series of four executive orders offering relief. (For a summary of the relief granted in Executive Order 20-04, click here). Executive Order 20-14, issued April 2, 2020, expands the work […]

On May 4, 2020, the IRS issued FAQ guidance on the expansion of retirement plan distributions and loans, as permitted by the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The FAQ guidance is available here. The IRS intends to issue more formal guidance on the expanded distribution options under the […]