Ongoing Storm Rule Banished From New Jersey

By |2020-04-17T15:10:37-05:00April 16th, 2020|Business, Commercial Real Estate & Land Use|

By: Jeffrey Hall In a decision approved for publication, the Appellate Division decided the case of Pareja v. Princeton International Properties,___N.J. Super___ DOCKET NO. A-2111-18T3 (App. Div. April 9, 2020).  This decision lays to rest the long-standing notion that the so-called “ongoing storm rule” protected commercial property owners from liability from slip-and-fall claims that [...]

Can I Get NJ Worker’s Comp Benefits if I Contract COVID-19?

By |2020-04-17T14:22:04-05:00April 16th, 2020|Business, COVID-19, Personal Injury|

By: Michael Brottman On March 16, 2020, Governor Murphy signed Executive Order 104, which implemented aggressive social distancing measures to mitigate the spread of COVID-19 in New Jersey. Businesses or institutions deemed essential were excluded from Executive Order 104 and were permitted to continue operating. Since that time employees of grocery stores, pharmacies, gas [...]

Loan Forgiveness Under Paycheck Protection Program Requires Attention to Detail

By |2020-05-11T09:32:37-05:00April 15th, 2020|Business, COVID-19, Paycheck Protection Program|

By: Scott Borsack Now that you have submitted your application for a Paycheck Protection Program (“PPP”) loan and your financial institution has accepted the application, it’s time to start planning for spending the loan proceeds. In order for the “loan” to be forgiven, a borrower must spend the proceeds on eligible expenditures, which consist [...]

CARES Act Provides $10 Billion in Funding For Airports

By |2020-04-17T15:19:27-05:00April 13th, 2020|Business, COVID-19|

By: Robert Lakind, Esq. The CARES Act, which was passed On March 27, 2020, provides economic aid to airports by making $10 billion in grants available. Further, as explained below, unlike traditional AIP Grants, generally, for grants issued under the CARES Act, the FAA will cover 100% of the allowable cost of the project [...]

Insurance Coverage for Coronavirus Claims Under the Civil Authority Endorsement

By |2020-04-17T15:24:52-05:00April 6th, 2020|Business, COVID-19|

By: Arnold Lakind A number of publications on the web have examined the question of whether there is insurance coverage for loss of income and expenses paid as a consequence of the COVID-19 pandemic and Governor Murphy's Executive Orders.  Congress has encouraged insurance companies to pay these claims even in the absence of specific [...]

New Jersey Economic Development Authority COVID-19 Relief Programs

By |2020-04-17T15:28:40-05:00April 6th, 2020|Business, COVID-19|

By: Jeffrey Hall Late Tuesday, Tim Sullivan, CEO of the New Jersey Economic Development Authority (“EDA”), presided over a webinar which outlined several programs the EDA has cobbled together in response to the COVID-19 crisis and its impact on New Jersey small businesses and non-profits.  For more information on the announcement of these programs, [...]

CARES Act: Emergency Paid Sick & Medical Leave

By |2020-04-17T15:37:24-05:00March 31st, 2020|Business, COVID-19|

By: Robert Stevens The Corona Virus Aid, Relief, and Economic Securities Act, known as the CARES Act, has important provisions as they relate to the pay of employees. The Act modifies and works in conjunction with the Families First Coronavirus Response Act ("FFCRA"), which was signed by the President on March 24, 2020 and [...]

Emergency Mortgage Relief

By |2020-04-17T15:36:14-05:00March 30th, 2020|Business, COVID-19|

By: Brian Paul The CARES Act includes a provision allowing a borrower to defer mortgage payments for up to 180 days. Homeowners who have federally backed mortgages (Fannie Mae, Freddie Mac, FHA or USDA loans) and are experiencing financial hardship due to the coronavirus pandemic may request forbearance for up to 180 days. During [...]

Generous Unemployment Benefits Extended To Those Affected By Coronavirus

By |2020-04-17T15:39:24-05:00March 30th, 2020|Business, COVID-19|

By: Bruce Sattin The Coronavirus Aid, Relief and Economic Security Act  ("CARES Act”) that Congress has been debating for weeks has finally become law.  One major portion of the law is the Relief for Workers Affected by Coronavirus Act, which has extended unemployment benefits to many who have lost their jobs, had their hours [...]

CARES Act – Recovery Rebates, Retirement Funds & Charitable Contributions

By |2020-04-17T15:41:13-05:00March 30th, 2020|Business, COVID-19|

By: Benjamin Branche Section 6428. 2020 Recovery Rebates for Individuals Due to significant financial hardships foist upon individuals at this difficult time, the Senate approved the Recovery Rebate.  The amount of the rebate is $1,200 for those filing tax returns as an individual, and $2,400 for individuals filing joint tax returns.   The rebate is [...]