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In these challenging financial times, many businesses will be faced with significant hurdles, such as declining revenue placing debts in default, inability to perform under leases and lawsuits to collect debts. Fighting each of these battles is overwhelming and costly.… Continue reading Turbulent Times May Call for Bankruptcy Considerations
On March 30, 2020, the Centers for Medicare & Medicaid Services (CMS) provided relief from the strict provisions of the Federal Physician Self-Referral Law, commonly known as the Stark Law, in light of the COVID-19 pandemic. In particular, CMS has… Continue reading Stark Law Restrictions Loosened to Assist with COVID-19 Pandemic
On March 27, 2020, the U.S. Congress passed and President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. Title I of the CARES Act, the Keeping American Workers Paid and Employed Act, impacts… Continue reading Coronavirus Aid, Relief, and Economic Security Act of 2020: Relief for Small Businesses
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed by President Trump after obtaining bipartisan support in both the House and Senate. The CARES Act is a $2.2 trillion economic relief package that provides… Continue reading Bankruptcy Code Provisions Expanded Under CARES Act
Over the weekend, the U.S. Department of Labor (DOL) added to its prior Q&A and again provided updated guidance for employers regarding the Families First Coronavirus Response Act (FFCRA). The new guidance added over the weekend clarifies the definitions of “health… Continue reading U.S. DOL Releases Updated FFCRA Q&A (Again); Provides Further Clarification for Employers
The United States Department of Labor (DOL) has issued new and updated guidance providing more clarity on employers’ responsibilities under the Families First Coronavirus Response Act (FFCRA). It appears that the new guidance was posted on March 26, 2020, although… Continue reading U.S. DOL Issues Updated Q&A Regarding FFCRA
Phase Three of the federal government’s legislative response to the COVID-19 pandemic—the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020—has passed the U.S. Senate and House today and is headed to the President’s desk. The 880-page CARES Act… Continue reading Who CARES? Every Small and Mid-Sized Business Should!
On March 25, 2020, the United States Department of Labor (DOL) provided the mandatory posters (non-federal / federal) regarding employee rights under the Families First Coronavirus Response Act (FFCRA). All government employers and all private-sector employers with fewer than 500 employees are required… Continue reading U.S. DOL Rolls Out FFCRA Posters and the OESC Makes Important Unemployment Changes
Yesterday, in an expansion of Oklahoma’s efforts to curb the spread of COVID-19, Governor Stitt issued his Safer at Home executive order, requiring “vulnerable individuals” to remain at home statewide through April 30, 2020, and non-essential businesses to close until… Continue reading What Oklahoma Businesses Need to Know About the Safer at Home Executive Order
Since the recording of our FFCRA Virtual Panel released earlier today, the United States Department of Labor (DOL) issued an official Q&A regarding the new Act. In the first question, the DOL states that the FFCRA will become effective on April 1, 2020. Continue reading U.S. DOL Announces April 1 Effective Date for FFCRA