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26 Mar 2020, 8:37 am
In the meantime, however, potential borrowers should refer to the Federal Reserve Bank of New York’s Frequently Asked Questions on the 2008 TALF, as the new TALF program will contain similar terms and conditions. [read post]
26 Mar 2020, 5:30 am
Internet and Media Coverage of the Bill National Council of Nonprofits: Initial Analysis of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (S. 748) Washington Post: Senate rushes to approve $2.2 trillion coronavirus bill after landmark agreement with White House New York Times: Coronavirus Live Updates: Senate Passes Aid Package Forbes: Congress Reaches Agreement On A Coronavirus Relief Package: Tax Aspects Of The CARES Act Three Highlights for… [read post]
25 Mar 2020, 12:19 pm
This approach has been endorsed and adopted in the recent case National Bank of Kazakhstan and the Republic of Kazakhstan v Bank of New York Mellon, Anatolie Stati and others. [read post]
25 Mar 2020, 7:46 am
The shortage of test kits is sufficiently acute that in New York City, the current epicenter of the pandemic, the rule is, "unless you are hospitalized and a diagnosis will impact your care, you will not be tested. [read post]
25 Mar 2020, 7:05 am
Internet sources such as The New York Probate Lawyer Blog contain many articles explaining estate issues. [read post]
25 Mar 2020, 5:43 am
Developers also take on a construction loan... meaning the bank can come for everything you’ve got if you default.... [read post]
24 Mar 2020, 12:46 pm
The Coronavirus storm is hitting New York City and the lower counties with a fury. [read post]
24 Mar 2020, 9:58 am
Along these lines, the governor of the state of New York has used his executive power to make it an unsound banking practice not to extend loan payments for 90 days under these circumstances (here). [read post]
23 Mar 2020, 2:21 pm
The Connecticut Executive Order is similar to the Executive Order issued by the Governor of New York (the “New York Executive Order”), but includes a slightly different, and broader, list of businesses designated “essential,” which may continue in-person work. [read post]
23 Mar 2020, 2:16 pm
*Jamie Moelis is a law clerk in the New York office. [read post]
23 Mar 2020, 1:41 pm
New York’s 90 day foreclosure moratorium), or even a city by city or county by county basis. [read post]
23 Mar 2020, 6:20 am
Of note, New York passed its law prior to the effective date of the federal Families First Coronavirus Response Act (FFCRA). [read post]
23 Mar 2020, 3:00 am
Andrew Cuomo signed an executive order temporarily permitting New York corporations to hold virtual annual meetings. [read post]
22 Mar 2020, 9:01 pm
What will we do with our new-found wisdom? [read post]
20 Mar 2020, 5:50 pm
*Jamie Moelis is a law clerk in the New York office. [read post]
20 Mar 2020, 1:21 pm
In a news conference on March 20, 2020, New York Gov. [read post]
20 Mar 2020, 12:48 pm
According to a new government court filing on Monday, a once-accused al-Qaeda sympathizer who was convicted in 2005 of trying to help a terrorist enter the United States has been released and flown to Pakistan, reports the New York Times. [read post]
20 Mar 2020, 10:57 am
On March 19, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance urging all state-regulated financial institutions during the outbreak of the coronavirus to reduce its adverse impact by working with consumers and small businesses that can demonstrate financial hardship caused by COVID-19. [read post]
20 Mar 2020, 7:12 am
We will continue to monitor New York State’s response to COVID-19 and the implementation of Executive Order 202.6. [read post]
20 Mar 2020, 7:12 am
We will continue to monitor New York State’s response to COVID-19 and the implementation of Executive Order 202.6. [read post]
