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    Website Launch:
    Health Care M+A

    Department of Labor Responds to Loss in Southern District of New York with Revisions to FFCRA Final Rule

    On September 11, 2020, the United States Department of Labor (DOL) issued revisions to the Rule implementing the Families First Coronavirus Response Act (FFCRA) to clarify workers’ rights and employers’ responsibilities regarding FFCRA paid leave. The revised Rule will take effect on September 16, 2020.  

    To read more, click here.


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    Blog Launch: COVID-19: What your Business Needs To Know
     

    US District Judge Rules Against Pennsylvania Governor’s COVID-19 Restrictions


    On September 14, 2020, United States District Judge William Stickman IV of the Western District of Pennsylvania, a recent appointee of Donald J. Trump, ruled that executive orders issued by Pennsylvania Governor Tom Wolf closing non-life-sustaining businesses and restricting the size of gatherings as part of the Governor’s stay-at-home orders were unconstitutional.  

    The ruling by Judge Stickman comes in a case filed by three groups of plaintiffs, including the Counties of Butler, Fayette, Greene, Washington (the “County Plaintiffs”), U.S. Rep. Mike Kelly, R-PA, and Pennsylvania State Rep. Daryl Metcalfe, R-Butler (the “Political Plaintiffs”), and seven businesses and their owners (the “Business Plaintiffs”), on May 7, 2020 challenging the orders issued by Governor Wolf and the Secretary of the Pennsylvania Department of Health. 


    To read more, click here.

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    U.S. Travel Restrictions

    SBA Releases Interim Final Rule Related to Owner-Employee Compensation and Related Party Nonpayroll Costs

    The U.S. Small Business Administration issued an Interim Final Rule on August 25, 2020 (the “Rule”), addressing owner-employee compensation and related party nonpayroll costs.

    The Rule creates a threshold for owner-employee compensation caps. The Rule states that owner-employees with less than a 5% ownership stake in a C- or S-Corporation are not subject to the owner-employee compensation rule. 

    To read more, click here.

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    Constitutional Implications of COVID-19 Public Health Measures

    Boston Fed Announces that the Main Street Lending Program Facilities for Nonprofit Organizations Are Now Operational

    The Federal Reserve Bank of Boston (the “Boston Fed”), which is tasked with administering the Federal Reserve’s Main Street Lending Program, announced on September 4th that the Nonprofit Organization New Loan Facility and the Nonprofit Organization Expanded Loan Facility are now operational and that lenders may begin submitting loans to nonprofit organizations for acceptance under these facilities.  As with the facilities for loans to businesses, under the current terms of the facilities, the Boston Fed is authorized to accept loans until December 31, 2020.

    To read more, click here.