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By Pillsbury's Construction & Real Estate Law Team In the wake of the COVID-19 pandemic, governments across the U.S. have issued moratoriums on evictions and foreclosures for residential and commercial properties and other restrictions on available remedies. [read post]
By Pillsbury's Construction & Real Estate Law Team The insurance industry responded to the emergency of the COVID-19 pandemic with preemptive press statements that property insurance policies would provide no coverage—even before policyholders submitted any claims. [read post]
By Pillsbury's Construction & Real Estate Law Team The Department of Homeland Security has outlined 16 critical infrastructure sectors which represent the types of businesses that can remain operational during the COVID-19 pandemic. [read post]
By Pillsbury's Construction & Real Estate Law Team In many cases, borrowers and lenders are working together to weather this crisis. [read post]
By Pillsbury's Construction & Real Estate Law Team Real Assets are supposed to generate cash, yet in many sectors this is no longer the case. [read post]
By Pillsbury's Construction & Real Estate Law Team New Small Business Administration (SBA) guidance implementing the Paycheck Protection Program (PPP) confirms that a somewhat narrower set of affiliation principles now applies to SBA loan programs, including the PPP. [read post]
By Pillsbury's Construction & Real Estate Law Team By executive order, Georgia Governor Kemp issued a statewide 10-day shelter-in-place order, from April 3, 2020, to April 13, 2020. [read post]
By Pillsbury's Construction & Real Estate Law Team Please join us today, April 8, 2020, for an Industry Insights webinar series designed to help clients spot issues, mitigate risk and navigate challenges specific to their industry. [read post]
By Pillsbury's Construction & Real Estate Law Team Although the majority of states across the country have issued statewide Shelter-in-Place or Stay-Home orders, Texas has demurred, initially altogether, deferring to counties and cities to use their own executive authorities as they deemed necessary, and then coming along in substance while eschewing the “stay-home order” characterization. [read post]
By Pillsbury's Construction & Real Estate Law Team Following declarations of emergency and actions in the counties surrounding Birmingham, the Alabama State Health Officer determined that further social distancing measures are necessary on a statewide basis to prevent the spread of COVID-19. [read post]
By Pillsbury's Construction & Real Estate Law Team The CARES Act provides $350 billion for small business Paycheck Protection Loans and an additional $10 billion for the existing Economic Injury Disaster Loan program. [read post]
By Pillsbury's Construction & Real Estate Law Team Please join us today, April 7, 2020, at Noon ET / 9:00am PT for an Industry Insights webinar series designed to help clients spot issues, mitigate risk and navigate challenges specific to their industry. [read post]
By Pillsbury's Construction & Real Estate Law Team Due to the spread of COVID-19, companies are facing unique challenges to their businesses, including supply chain interruptions, employee and customer safety concerns and government regulations, restrictions and shutdowns. [read post]
By Pillsbury's Construction & Real Estate Law Team Temporary environmental enforcement discretion and forbearance policies can provide relief for companies and individuals unable to comply with conditions of their permits due to the impacts of COVID-19 on their workforce and operations. [read post]
By Pillsbury's Construction & Real Estate Law Team Due diligence and compliance challenges require flexible approaches and creative solutions. [read post]
By Pillsbury's Construction & Real Estate Law Team Please join us April 8, 2020, for an Industry Insights webinar series designed to help clients spot issues, mitigate risk and navigate challenges specific to their industry. [read post]
By Pillsbury's Construction & Real Estate Law Team REITs have several options to defer required dividend distributions through the current year and even significantly into next year (although at a potential cost), and the use of combined cash and stock distributions may greatly reduce a REIT’s cash outlay for dividend distributions. [read post]
By Pillsbury's Construction & Real Estate Law Team The Act represents the third legislative attempt to address the economic effects of the COVID-19 pandemic. [read post]
By Pillsbury's Construction & Real Estate Law Team An increasing number of States—now numbering 23, as well as the District of Columbia and many counties and cities, are now subject to Executive Orders restricting activity of non-essential businesses. [read post]