Coronavirus

Fannie Mae and Freddie Mac will grant mortgage forbearance for Borrowers who suspend evictions for renters in multifamily properties with loans backed by Fannie Mae or Freddie Mac

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The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus (“COVID-19”). The eviction suspensions are in...

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Bankruptcy Considerations And Relief For Distressed Businesses Amidst COVID-19

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In addition to recent programs from the U.S. Small Business Administration (“SBA”), such as low-interest disaster loans, small businesses may benefit from amendments to the U.S. Bankruptcy Code, which became effective on February 19, 2020.  The Small Business Reorganization Act of 2019 (the “SBRA”)...

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Employers Must Post Notice to Employees Regarding Families First Coronavirus Response Act (FFCRA) Leave

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As we reported earlier, the FFCRA creates two paid leave requirements for employers. The law goes into effect on April 1, 2020, and remains in effect until December 31, 2020. Employers with fewer than 500 employees are required to post a notice to their employees alerting them of their rights under...

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Construction and Government Contractors are Critical Infrastructure – Government Guidance to Contractors

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As we all continue to deal with the rapidly evolving Coronavirus/COVID-19 situation, government contractors should be aware of policy guidance issued by government and DoD leadership that may impact them. On 19 March 2020, the Department of Homeland Security’s Cybersecurity & Infrastructure Security...

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