President Signs Paycheck Protection Program Flexibility Act of 2020
Last Friday, President Trump signed H. R. 7010 (“HR 7010”), the “Paycheck Protection Program Flexibility Act of 2020”, a bill meant to modify certain provisions related to the forgiveness of loans under the Paycheck Protection Program (“PPP”). Following criticism regarding how the forgiveness rules were not feasible for many small businesses, HR 7010 was passed by the House and the Senate with broad bipartisan support. In general, the changes allow businesses more time to bring employees back to work and to use the PPP funds without jeopardizing loan forgiveness.
Murphy, Hesse, Toomey & Lehane expresses its condolences to the family of justice Ginsburg, a caring and intellectually powerful woman. As a justice, lawyer, and teacher she stood for the principles that enhanced the civil rights of women and men of all color, rights of equal pay between the sexes, the rights to healthcare and the basic rights of criminal defendants. Justice Ginsburg knew what it was to be a women in a male dominated profession Read More
On Friday, September 11, 2020, the Department of Labor issued revisions to the temporary rule regarding the federal Families First Coronavirus Response Act (“FFCRA”). Those revisions can be found here - https://www.federalregister.gov/documents/2020/09/16/2020-20351/paid-leave-under-the-families-first-coronavirus-response-act. The revisions take effect on September 16, 2020.