A San Jose restaurant owner has been sentenced to 30 months in prison for fraudulently obtaining and misusing millions of dollars in COVID-19 relief funds.
The Eastern District of California, partly relying on California precedent interpreting the pollution exclusion, determined that COVID-19 did not constitute a ‘pollution condition’ in a pollution liability policy. Read more about this court case here: Vision Serv. Plan Plaintiff v. Illinois Union ...
COVID-19 is changing life as we know it – affecting the way we live, work and play. As the pandemic continues to impact commercial real estate, tenants are exploring the possibility of rent relief and deferral. When these discussions and requests arise, Cushman & Wakefield’s agency leasing...
The COVID-19 pandemic serves as a unique case for studying the impact of fiscal policy on climate A&R. The level of fiscal spending during the COVID-19 pandemic was unprecedented, in real terms almost four times the amount spent in response to the global financial crisis of 2007–200811....
Those unable to pay rent on time due to COVID-19 should work with their landlord on a repayment plan. Tenants should also continue to pay their rent if they can afford to, according to the county. “No one should be forced out of their home because of the spread of COVID-19 in...
32,33 Conversely, COVID-19 support-and-flexibility policies provided economic support (eg, income support, debt relief) to mitigate pandemic-related disruptions.34,35 The fact that these policies differed by targets, location, duration, and intensity36,37 makes it challenging to quantify how such...
limited rent expense. Debt Restructuring Issues Many taxpayers will need to modify or otherwise restructure their debt in the event of a prolonged downturn. This can raise a host of tax issues. For example, a debtor that retires debt for less than its principal amount or modifies debt at a ...
California Gov. Gavin Newsom issued an executive order banning the enforcement of eviction orders for renters affected by the coronavirus through May 31. The order is effective immediately, providing relief to tenants who have rent due April 1. ...
Ottawa – Federal and provincial governments have agreed to extend a commercial rent relief program to help cover July costs for eligible small businesses,
20-cv-04511 (N.D. Ill. July 31, 2020): assert constitutional claims as well as claims under the CARES Act and Administrative Procedure Act challenging federal government’s alleged failure to provide relief payments to incarcerated individuals; Castillo v. Whitmer, No. 20-cv-00751 (W...