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CGS3 continues to monitor the rapidly changing landscape surrounding the COVID-19 pandemic, and we will continue providing reliable legal information and guidance to help protect you and your business during this time. The focus of this alert is to provide a legal framework for negotiating and structuring purchase and sale […]
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Monthly Archives: April 2020
Many property owners nationwide are reexamining their insurance policies to prepare for the anticipated cascade of litigation resulting from the coronavirus pandemic. Even more unsettling is that experts are forecasting a flood of unprecedented policy interpretations and arguments arising from the courts in the coming months in order to provide coverage to those affected by the health crisis.
On March 27th, President Trump signed the $2.2 trillion Coronavirus Aid, Relief and Economic Security Act, or CARES Act, making it the largest emergency aid package in U.S. history. Along with providing funds for individuals and small businesses, the CARES Act includes provisions which aim to assist businesses in their recovery from the economic effects of the current COVID-19 pandemic.
As the economic impacts of the COVID-19 pandemic continue to unfold, some are looking to insurance policies – especially business interruption insurance – to provide some relief from the financial burden currently weighing on property owners. The current climate is new territory for all parties, so whether relief from insurance will […]
In an unprecedented move, the IRS and the California Franchise Tax Board extended the tax filing and payment deadlines for most Americans. While it is a relief to taxpayers, the new rules and various extensions are making an already complicated tax structure even more complex.
