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Download PDFOn March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. Title IV of the CARES Act provides $500 billion for loans, loan guarantees, and investments in the Federal Reserve’s lending facilities to support states, municipalities, and eligible businesses. Eligible [...]

Download PDFOn March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic.  As part of the CARES Act, Congress provides certain tax credits and incentives for businesses.Employee Retention Credit for EmployersThe CARES Act provides a refundable payroll tax credit for 50% of wages [...]

Download PDFOn March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. The CARES Act provides direct financial aid to American families, payroll, and operating expense support for small businesses, and loan assistance for distressed industries. One of the core pieces of the [...]

Download PDFAs the impacts of the spread of COVID-19 continue to influence dramatic changes in federal, state, and local efforts, businesses face increasing uncertainty and difficulty in managing their contractual responsibilities and expectations. In general, the virus’s impact on contractual obligations will be fact-driven and a reading of the specific terms of individual contracts will be necessary. Keep in mind that the terms of each contract will typically dictate the applicable law, [...]

Whiteman Osterman & Hanna partner Nicole S. Green has been named to the Albany Business Review's 40 Under Forty for 2020.  Nicole joined Whiteman Osterman & Hanna in August 2009, and practices in many areas of corporate and business law including mergers and acquisitions, debt and equity financings, contract negotiation, choice of entity/entity formation, corporate governance and strategic planning.  Nicole also assists not-for-profit and tax-exempt organizations with [...]