Many of our clients have asked whether they can commence a commercial foreclosure in New York State at this time.

On March 7, 2020, Governor Cuomo issued Executive Order (“EO”)
Continue Reading New York State’s Rules for Commencement of Commercial Foreclosures During the Covid-19 Pandemic

Continuing the trend of releasing amorphous guidance at the eleventh hour, this afternoon the Department of the Treasury (Treasury) and the U.S. Small Business Administration (SBA) released much-anticipated guidance as
Continue Reading Breaking News: New Guidance Issued, PPP Loans of $2 Million or More to Face Scrutiny When Forgiveness is Sought

This afternoon, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act (the Act) into law.

Among other things, the Act appropriates an additional $310 billion to the
Continue Reading Legislation Appropriating Additional Funds to the Paycheck Protection Program Passes, But Access to New Applicants Will Be Limited