Apr 3, 2020

COVID-19 Update for Employers: DOL and FFCRA Regulations Now in Effect

On Wednesday, April 1st, the recently-enacted Families First Coronavirus Response Act (“FFCRA”) became effective. This legislation, which applies to all public employers and those private employers with fewer than 500 employees, provides for two forms of paid leave for employee absences related to COVID-19. A more detailed analysis of those...

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Apr 3, 2020

Venture Backed Companies and the CARES Act

As follow-up to Maynard Cooper's previous Client Alert about the CARES Act and the availability of Small Business Administration (“SBA”) Loans, below is specific information about how venture backed companies should consider “affiliation” with venture capital fund investors prior to applying for loans under the CARES Act. Generally, companies must...

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Apr 6, 2020

UPDATED GUIDANCE FROM U.S. DEPARTMENT OF EDUCATION

Regulatory Flexibility Due to COVID-19 National Emergency On Friday, April 3, 2020, the U.S. Department of Education (“Department”) issued Updated Guidance for Interruptions of Study Related to Coronavirus (COVID-19). This new document updated guidance that the Department originally issued on March 5, 2020, and subsequently supplemented with COVID-19 FAQs on...

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