In our previous articles (COVID-19 (Temporary Measures) Act 2020: Legal circuit breaker) and (COVID-19 (Temporary Measures) Act 2020 Update: Applicable Duration and regulations to Obtain temporary contractual Relief in Singapore) we set out a summary of
These businesses may also encounter class action litigation from commercial clients based on their role in providing access to government relief under the CARES Act and other legislation. CARES/PPP Cases filed to date against banks concerning their administration of loans under the CARES Act ...
Justin time for schools to reopen, the Department of Labor has released additional guidance explaining when employees are entitled to leave to care for children whose schools will remain at least partially closed due to COVID-19. The Families First Coronavirus Relief Act (“FCCRA”) provides up ...
The proposed changes to the Act would, if passed, temporarily halt evictions of businesses that are eligible for federal or provincial rent assistance, reverse evictions that occurred on or after June 3, 2020 and make it illegal to evict a commercial tenant until August 31, 2020. ...
Initially, lease agreements should be reviewed to understand the contractual rights and obligations of both the landlord and the tenant with respect to the property in extraordinary circumstances and the right to evict should the economic impact of the virus cause a default in the payment...
relief provided for by the force majeure clause, i.e., will relief be available when performance is rendered impossible or will relief be available simply when performance becomes more onerous or is delayed?; and does the force majeure clause require any positive steps to be taken by the party...
CARES Act for Colorado REALTORS – April 3 The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides relief to families, small businesses, and individuals who are self-employed and independent contractors, including REALTORS® and brokerages. Learn the difference between the Pay...
However,Section 2.107of the San Francisco Charter dictates that emergency ordinances are effectiveimmediatelyupon passage, not “whenever the Board of Supervisors feels like”. Therefore, the previous ordinance (probably) expired later than it claim...
Bankruptcy Proposal, 2020 ONSC 5938 (Durham), the Ontario Superior Court of Justice (the Court) found in favour of the landlord when interpreting a commercial lease’s force majeure clause in the context of a tenant seeking relief from the obligation to pay rent when it was statutorily ...
world explore the financial services collection learn about deloitte's services go straight to smart. get the deloitte insights app this time around, the federal government has been quick to act to help alleviate the initial impact of covid-19 on borrowers. the coronavirus aid, relief, and...