COVID-19 and the CARES Act – Partial Termination Relief for Retirement Plans

10/19/2020Saffelle, Robert N.

Many employers have had to terminate or furlough employees in 2020 due to COVID-19.   Under IRS rules, a partial termination of a retirement or 401(k) plan may occur when there is a significant reduction (generally more than 20%) in plan participation due to employer-initiated terminations or layoffs during the plan year.  If a partial termination… Read more »

Simplified PPP Forgiveness Procedure for Loans of $50,000 or Less

10/12/2020King, Ray W.

NOTE:  This article updates the information in the following Articles previously published: PPP Loan Forgiveness, April 29, 2020 Additional PPP Loan Forgiveness Guidelines, June 2, 2020 PPP Loan Forgiveness Application, After the Payroll Protection Program Flexibility Act of 2020, June 24, 2020 On Friday, October 9, 2020, the Small Business Administration (“SBA”) released guidelines for… Read more »

Construction Industry Economics Respecting COVID-19 Mixed But Positively Trending


09/30/2020Nicholos, George M.

The Architecture Billings Index (ABI) is a composite index derived from monthly report surveys from American Institute of Architects (AIA) member firms located throughout the United States reporting on construction project activity the AIA refers to as “Work-on-the-Boards” (projects in the planning and design processes).  The data is compiled by the AIA’s Economics & Research… Read more »

Update on Section 889 restriction on government contractors use of Chinese-made telecommunications equipment and services

08/19/2020Mazzeo, Anthony J.

Last week, we advised government contractors in this article about the new restrictions imposed by an interim rule and revised Federal Acquisition Regulation clauses that require contractors doing business with DoD, GSA, and NASA to certify they do not use “covered telecommunications and services” from Huawei and other Chinese companies.  We’ve learned that the Director… Read more »

Expedited Trademark Registration For COVID-19 Products and Services

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08/07/2020Tucker, Jane D.

In response to the COVID-19 outbreak, and the need to quickly develop medical products and services to fight the virus, the United States Patent and Trademark Office (“USPTO”) is allowing the trademark examination process for marks used to identify qualifying COVID-19 medical products and services to be expedited.  This program expedites the review of qualifying… Read more »

Impact of Executive Order 68 on Hampton Roads Community Associations

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07/30/2020Panagis, Kathleen W.

In response to increases in positive COVID-19 case counts in the Hampton Roads area, Governor Northam issued Executive Order 68 that places additional restrictions on certain cities and counties.  The jurisdictions subject to this order are:  Cities of Virginia Beach, Chesapeake, Norfolk, Suffolk, Portsmouth, Hampton, Williamsburg, Newport News, Poquoson, James City County, and York County… Read more »

New Emergency Temporary Standard Will Apply to Employers in Virginia

07/15/2020Sterling, Michael L.

This article is the first in a three-part series discussing the New Emergency Temporary Standards for Employers in Virginia. Click here to read Part 2 and Part 3. Governor Northam’s executive order (EO 63), tasked the Virginia Safety and Health Codes Board (the Board) – which “promulgates and adopts job safety and health standards, [that]… Read more »

2020 Legislative Changes Affecting Virginia Community Associations

07/06/2020Panagis, Kathleen W.

The 2020 legislative session was notable for a few reasons.  First, the Democrats held the majority of seats in both houses of the General Assembly for the first time in recent history.  Second, the legislature also took action to address the impacts of COVID-19, which has affected virtually every aspect of our society, including community… Read more »

COVID-19 and the CARES Act – New IRS Guidance and Relief for Retirement Plan Distributions and Loans

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07/06/2020Saffelle, Robert N.

On June 19 and 23, 2020, the IRS issued additional guidance (IRS Notices 2020-50 and 2020-51) clarifying and expanding relief for retirement plan participants under the Coronavirus Aid, Relief and Economic Security Act (CARES Act).  A previous article summarizing the CARES Act retirement plan provisions can be found here. The new guidance makes the following… Read more »