The coronavirus (COVID-19) has spread to scores of countries and infected many thousands of people around the globe. We provide guidance below for boards and management in navigating this crisis and will update this page as developments warrant.
Additional Insights
As the COVID-19 crisis continues to evolve, we are committed to providing you with the latest guidance in navigating the situation. We invite you to view a complete list of client alerts that we have published on a wide range of legal issues related to the pandemic.
Guidance for Employers
- COVID-19 Update: CDC Issues Guidance on Workplace COVID-19 Vaccination Programs and New York State Grants Employees Paid Leave for COVID-19 Vaccination - 3/18/2021
- COVID-19 Update: OSHA Issues New COVID-19 Guidance as Directed by President Biden’s Executive Order - 2/04/2021
- PPP Update: Latest COVID-19 Relief Legislation Includes Extension of Paycheck Protection Program and Establishes Second Draw Loans - 12/28/2020
- COVID-19 Update: Considerations for Employers Concerning COVID-19 Vaccination Programs - 12/14/2020
- COVID-19 Update: New York Federal Court Vacates Parts of Families First Coronavirus Response Act Regulation - 8/11/20
- COVID-19 Update: Additional Department of Labor Guidance on Wage and Hour Rules and Family and Medical Leave as Workplaces Reopen - 7/22/20
- COVID-19 Update: OSHA and EEOC Guidance on Returning to Work - 6/22/20
- COVID-19 Update: New York State and CDC Guidance for Employers Reopening Offices - 5/31/20
- COVID-19 Update: New York State Guidance on Reopening Businesses - 5/19/20
- COVID-19 Update: Practical Considerations for Employers as They Prepare for a Return to the Workplace - 4/27/20
- Business Roundtable Releases Roadmap for Resumption of Economic Activity - 4/25/20
- CARES Act UPDATE: SBA Issues Additional Paycheck Protection Program Guidance, Including for Private Equity Firms and Hedge Funds - 4/25/20
- COVID-19 Update: NJ WARN Enhanced Severance and Notice Requirements for Lay-Offs Delayed Until 90 Days After State of Emergency Lifted; Does Not Apply to COVID-19 Required Layoffs - 4/20/20
- New York State Governor Signs Law Protecting Health Care Workers, Facilities and Administrators from COVID-19-Related Liability - 4/7/20
- CARES Act UPDATE: SBA Issues Interim Final Rule for Paycheck Protection Program - 4/3/20
- COVID-19: Layoff and Furlough Considerations for Employers - 3/21/20
- New York Passes Emergency Paid Sick Leave Law for COVID-19 Relief - 3/19/20
- Coronavirus: Updated Guidance for Employers Issued by Federal, State, and City Agencies - 3/17/20
- The Impact of COVID-19 on Performance Based Compensation Programs - 3/12/20
- Secretary Johnson and Jeannie Rhee Discuss Coronavirus Preparedness in National Law Journal Op-Ed - 3/12/20
- Coronavirus: Employment Law Considerations and Practical Guidance for Employers - 3/10/20
Federal Actions
- UPDATE: Federal Reserve Issues Revised Term Sheets for Main Street Lending Facilities - 6/9/20
- Congress Approves the Paycheck Protection Program Flexibility Act - 6/2/20
- UPDATE: Federal Reserve Issues Revised Term Sheets and Guidance for Main Street Lending Facilities, Announces New Main Street Priority Lending Facility - 5/1/20
- CARES Act UPDATE: SBA Issues Additional Paycheck Protection Program Guidance, Including for Private Equity Firms and Hedge Funds - 4/25/20
- Senate Approves $310 Billion in Additional Funding for the Paycheck Protection Program - 4/22/20
- Federal Reserve Announces Seven New or Updated Lending Facilities, Including Main Street Lending Facilities - 4/10/20
- CARES Act UPDATE: SBA Issues Interim Final Rule for Paycheck Protection Program - 4/3/20
- CARES Act: Federal Income Tax Relief for Individuals and Businesses in Response to the Coronavirus Pandemic - 3/27/20
- Key Provisions of the “Phase Three” COVID-19 Stimulus Package - 3/27/20
- CARES Act to Expand Access to the SBA Loan Program - 3/26/20
- S. State Department Issues Unprecedented Global Travel Advisory - 3/19/20
- Congress Passes COVID-19 Relief Package - 3/18/20
- Ban on Travel from Europe: Additional Details Are Released; the UK and Ireland Are Added to the List - 3/14/20
- The United States Imposes a Ban on Travel from Schengen Area Countries - 3/12/20
Corporate Governance, Disclosure and Risk Management
- COVID-19 Update for Public Companies: Status of Temporary Relief - 7/8/20
- SEC Staff Issues Additional COVID-19 Disclosure Guidance - 6/24/20
- False Claims Act Liability in the Age of COVID-19 - 5/19/20
- COVID-19 Update for Public Companies: NYSE Provides Temporary Relief for the 20% Shareholder Approval Requirement - 5/19/20
- COVID-19 Update for Public Companies: Nasdaq Provides Temporary Relief as to the 20% Shareholder Approval Requirement - 5/8/20
- SEC Charges Company with COVID-19-Related Securities Fraud, Reaffirming its Focus on Public Statements and Disclosures Relating to COVID-19 - 5/1/20
- COVID-19 Update for Public Companies: Nasdaq and NYSE Tolling Periods - 4/30/20
- COVID-19 Update: NYSE Shareholder Approval for Related Party and 20% Issuances Temporarily Waived and Minimum Market Capitalization Standard Temporarily Suspended - 4/20/20
- COVID-19 Update: SEC and Nasdaq Response and Updated SEC C&DIs - 4/20/20
- Delaware Governor Issues Emergency Order Permitting Notice of Virtual-Only Shareholder Meetings by Exchange Act Filing and Press Release - 4/7/20
- Update: Mitigating Securities Litigation Risks Related to the Coronavirus - 3/31/20
- SEC Extends Conditional Reporting Relief; CorpFin Staff Issues COVID-19 Disclosure Guidance - 3/26/20
- COVID-19: Withdrawing or Revising Earnings Guidance - 3/23/20
- The Coronavirus: Certain Considerations for Public Companies - 3/17/20
- The Impact of COVID-19 on Performance Based Compensation Programs - 3/13/20
- Secretary Johnson and Jeannie Rhee Discuss Coronavirus Preparedness in National Law Journal Op-Ed - 3/12/20
- The Coronavirus’ Impacts on Your Annual Meeting - 3/11/20
- Mitigating Cybersecurity Risks Related to the Coronavirus - 3/6/20
- SEC Reporting Companies: Considering the Impact of the Coronavirus on Public Disclosure and Other Obligations - 3/4/20
Litigation, Regulatory and White Collar Advisories
- DOJ Announces First False Claims Act Settlement with Borrower and its CEO for PPP Fraud - 1/18/2021
- False Claims Act Liability in the Age of COVID-19 - 5/19/20
- DOJ Announces Preliminary Inquiry into Potential Fraud in the Paycheck Protection Program - 5/5/20
- Class Actions Target Ticket and Membership Refunds in the Wake of COVID-19 - 5/1/20
- SEC Charges Company with COVID-19-Related Securities Fraud, Reaffirming its Focus on Public Statements and Disclosures Relating to COVID-19 - 5/1/20
- DOJ and FTC Issue Warning on Anticompetitive Conduct Affecting Labor Markets During the COVID-19 Pandemic - 4/17/20
- DOJ Issues Expedited Antitrust Guidance Regarding COVID-19 Equipment and Medication Distribution Collaboration - 4/7/20
- Appellate Litigation in the Age of COVID-19 - 4/6/20
- White-Collar Enforcement Priorities in the Wake of COVID-19 - 3/31/20
- An Update on Merger Review During the COVID-19 Coronavirus Outbreak: Early Terminations to Resume - 3/27/20
- Antitrust Guidance for Business Collaborations to Combat COVID-19 - 3/26/20
- SEC Enforcement Co-Directors Issue Statement on Potential Insider Trading and Selective Disclosure Risks Related to COVID-19 - 3/25/20
- New York and Delaware Take Steps to Toll Limitations Periods and Extend Other Deadlines in Light of COVID-19 Emergency - 3/23/20
- Merger Review During the COVID-19 Coronavirus Outbreak - 3/18/20
- State AGs Respond to COVID-19-Related “Price Gouging” and DOJ Antitrust Enforcement to Focus on Public Health Products - 3/10/20
- Mitigating Securities Litigation Risks Related to the Coronavirus - 3/5/20
Tax
- CARES Act Update: Internal Revenue Service Disallows Deduction of Certain Expenses Funded with PPP Loan Proceeds - 5/7/20
- Internal Revenue Code Section 83(b) Deadline Extended to July 15, 2020 as a Result of COVID-19 - 4/20/20
- CARES Act: Federal Income Tax Relief for Individuals and Businesses in Response to the Coronavirus Pandemic - 3/27/20
- Internal Revenue Service Postpones April 15 Federal Income Tax Payment and Tax Return Filing Deadlines - 3/22/20
- Internal Revenue Service Postpones Certain April 15 Federal Income Tax Payment Deadlines - 3/18/20
Investment Funds
- CARES Act UPDATE: SBA Issues Additional Paycheck Protection Program Guidance, Including for Private Equity Firms and Hedge Funds - 4/25/20
- COVID-19 UPDATE: SEC Extends Relief to Form ADV and Form PF Filing and Delivery Obligations Due On or Before June 30 - 3/26/20
- COVID-19: Certain Consideration for Open-Ended Fund Managers; Looking At 3/31, and Beyond - 3/22/20
- COVID-19: SEC Provides Investment Advisers Whose Operations Are Disrupted by Coronavirus with Extensions for Form ADV and Form PF - 3/14/20
- COVID-19: Certain Considerations for Hedge Fund Managers - 3/11/20
- COVID-19: Fund-Related Considerations for Private Equity Managers - 3/10/20
New York State Actions
- COVID-19 Update: CDC Issues Guidance on Workplace COVID-19 Vaccination Programs and New York State Grants Employees Paid Leave for COVID-19 Vaccination - 3/18/2021
- COVID-19 Update: New York Federal Court Vacates Parts of Families First Coronavirus Response Act Regulation - 8/11/20
- UPDATE: New York City Eliminates Personal Liability of Individual Guarantors under Certain Retail Leases, for Payment Defaults Occurring during the Coronavirus Pandemic - 6/2/20
- COVID-19 Update: New York State and CDC Guidance for Employers Reopening Offices - 5/31
- COVID-19 Update: New York State Guidance on Reopening Businesses - 5/19/20
- New York State Governor Signs Law Protecting Health Care Workers, Facilities and Administrators from COVID-19-Related Liability - 4/7/20
- New York DFS Issues Emergency Regulation on Mortgage Forbearance and Certain Fees in Response to COVID-19 Pandemic - 3/25/20
- Gov. Cuomo Requires New York-Regulated Banks to Grant Forbearances in Light of the COVID-19 Pandemic and Issues Related Directives to NY DFS - 3/23/20
- New York and Delaware Take Steps to Toll Limitations Periods and Extend Other Deadlines in Light of COVID-19 Emergency - 3/23/20
- New York DFS Grants Temporary Relief and Requires Regulated Entities to Submit Descriptions of COVID-19 Preparedness Plans - 3/19/20
- New York Passes Emergency Paid Sick Leave Law for COVID-19 Relief - 3/19/20
- What Does New York’s Declaration of a State of Emergency Mean for Business? - 3/9/20
Restructuring, Finance, Real Estate and Transactions Advisories
- UPDATE: Federal Reserve Issues Revised Term Sheets for Main Street Lending Facilities - 6/9/20
- UPDATE: New York City Eliminates Personal Liability of Individual Guarantors under Certain Retail Leases, for Payment Defaults Occurring during the Coronavirus Pandemic - 6/2/20
- UPDATE: Federal Reserve Issues Updated Guidance and Publishes Legal Forms and Agreements for Main Street Lending Facilities - 5/29/20
- UPDATE: New York State Extends Eviction and Foreclosure Moratoria, and Provides Certain Additional Benefits to Residential Tenants, During the Coronavirus Pandemic - 5/12/20
- UPDATE: Federal Reserve Issues Revised Term Sheets and Guidance for Main Street Lending Facilities, Announces New Main Street Priority Lending Facility - 5/1/20
- Federal Reserve Announces Seven New or Updated Lending Facilities, Including Main Street Lending Facilities - 4/10/20
- COVID-19: LIBOR 2021 Cessation Timing Unchanged Though Planning Delays Expected - 3/29/20
- An Update on Merger Review During the COVID-19 Coronavirus Outbreak: Early Terminations to Resume - 3/27/20
- Antitrust Guidance for Business Collaborations to Combat COVID-19 - 3/26/20
- CARES Act to Expand Access to the SBA Loan Program - 3/26/20
- UPDATE: New York State Legislature Considers Bill Affecting Certain Rents and Mortgage Payments During the Coronavirus Pandemic - 3/25/20
- New York DFS Issues Emergency Regulation on Mortgage Forbearance and Certain Fees in Response to COVID-19 Pandemic - 3/25/20
- Gov. Cuomo Requires New York-Regulated Banks to Grant Forbearances in Light of the COVID-19 Pandemic and Issues Related Directives to NY DFS - 3/23/20
- Abandonment of Leases and Abatement of Rent During the Coronavirus Pandemic - 3/23/20
- COVID-19: Layoff and Furlough Considerations for Employers - 3/21/20
- Coronavirus Pandemic Portends Heightened Risk of Financial Distress, Potential Changes in Restructuring Market - 3/17/20
- UPDATE: Force Majeure Under the Coronavirus (COVID-19) Pandemic - 3/16/20
- COVID-19: Debt Buyback Considerations - 3/13/20
- Is the Coronavirus a Material Adverse Effect? - 3/6/20
- Force Majeure in the Wake of the Coronavirus - 3/3/20
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