This alert provides answers to some of the preliminary questions private equity, family office, fundless sponsor and venture capital firms, along with their portfolio companies, might be asking as they consider applying for a loan under the Small Business Act to create the Paycheck Protection Program.
In these unforeseen and unique circumstances surrounding the COVID-19 pandemic, we want to keep our clients abreast of how patent and trademark offices around the world are handling deadlines and other issues.
As 3PLs adapt to the impact that COVID-19 continues to have on their business and as employers and employees adjust to teleworking, there are myriad employment issues and new laws that must be considered.
Following days of often tense negotiations, the United States Senate has passed the third phase of federal coronavirus relief legislation, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which will provide $2 trillion in economic aid to individuals and businesses impacted by the coronavirus public health emergency.
The Federal Communications Commission (FCC) issued a declaratory ruling which permits certain health care entities and government officials to communicate information about COVID-19, including any mitigation measures, without first obtaining prior express consent.
The Ohio Superintendent of Insurance issued Bulletin 2020-03 and ordered and directed all health plan issuers, and other entities transacting the business of insurance in the State of Ohio, or that are subject to the jurisdiction of the Superintendent, to comply with new requirements during the COVID-19 state of emergency.
The Ohio Superintendent of Insurance issued Bulletin 2020-05 and ordered and directed all health plan issuers, and other entities transacting the business of insurance in the State of Ohio, or that are subject to the jurisdiction of the Superintendent, to comply with new requirements during the COVID-19 state of emergency.
The Ohio Superintendent of Insurance issued Bulletin 2020-06 and ordered all insurers providing automobile insurance policies in the State of Ohio to temporarily suspend certain actions that they would otherwise be permitted to take due to the expiration of the driver license of a named insured or other covered family member.
The Ohio Superintendent of Insurance issued Bulletin 2020-04 and ordered all third party administrators, including pharmacy benefit managers, health insurance companies, and other entities licensed pursuant to the laws of Ohio relating to insurance to suspend pharmacy audits during this state of emergency.
3PLs must exercise caution when considering FMSCA’s National Emergency Declaration to provide hours-of-service relief to commercial drivers transporting emergency relief in response to COVID-19. First, emergency relief is specific to certain kinds of freight.
With the vast uncertainty generated by the COVID-19 pandemic, one of the immediate challenges that Ohio’s financial institutions must confront, especially at this time of year, involves how to handle their annual shareholder or member meetings.