As employers are aware, the President has signed the " Coronavirus Aid, Relief, and Economic Security Act'' (the "CARES Act"), which is a $2 trillion relief package aimed at helping mitigate some of the economic impact of the COVID-19 pandemic. The Act became law March 27, 2020.
The Act is massive and includes certain provisions particularly relevant to employers. The following FordHarrison Alerts discuss the main employment-related provisions of the Act:
- CARES Act Assistance for Small Businesses—The Paycheck Protection Program
- CARES Act Provides Support for Airline Industry
- CARES Act Temporarily Increases and Expands Unemployment Insurance Benefits
- Summary of CARES Act Tax and Employee Benefits Provisions
- CARES Act Attaches Long-Term Strings to Mid-Sized Business Loans
FordHarrison is closely monitoring the spread of Coronavirus and has implemented continuity plans, including the ability to work remotely in a technologically secure environment when necessary, to ensure continuity of our operations and uninterrupted service to our clients. We are following all CDC guidelines and state and local laws as applicable. We are committed to ensuring the health and welfare of our clients, employees, and communities while continuing to provide our clients with the highest quality service. Please see our dedicated Coronavirus Taskforce page for the latest FH Legal Alerts and webinars on Coronavirus, as well as links to governmental and industry-specific resources for employers to obtain additional information and guidance. For more information or to be connected with a Coronavirus Taskforce attorney
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.