News Topic: COVID-19

The pandemic has changed Americans’ tolerance for germ-laden cash transactions. Aaron Klein, the Economic Studies Policy Director at the Brookings Institution is worried about how the latest stride toward a cashless society is impacting lower-income ... Read full article

The travel industry was hit extremely hard by the coronavirus pandemic. WEX, a payments processing and financial technology solutions organization with offerings for corporate travelers, felt the shockwave first hand. ... Read full article

I suspect that slipsters already know about this podcast.  But, just in case any of you have not, I wanted to flag Promises, Promises by Dave Hoffman and Tess Wilkinson-Ryan.  This is especially wonderful if you are teaching contract law via zoom this ... Read full article

Mark Weidemaier & Mitu Gulati ... Read full article

With continued economic instability as a result of the coronavirus, how will the US manage the uncertainty that appears to have no end in sight. ... Read full article

Student loan relief provisions required by the CARES Act expire on September 30. Those protections included 1) for all federal direct loans: zero interest and automatic payment forbearance, 2) credit towards IDR and PSLF forgiveness for the 6 months ... Read full article

A popular narrative is that bankruptcy filing rates are increasing dramatically. That is not true. If you want to know what is happening with the bankruptcy filing rate during covid-19, the best source is Ed Flynn's analyses over at the American ... Read full article

On July 15, 2020, the Federal Reserve Bank of Boston issued new guidance expressly permitting tribal businesses that are borrowers under the Main Street Lending Program (“ MSLP ”) to pay dividends to their tribal government owners.  In its amended ... Read full article

I have not been in a courtroom since the first part of March. Courts have adapted to life under Covid-19 with a combination of telephonic and video hearings. I have attended several CLE presentations on virtual court and have some observations of my own. ... Read full article

2020 is on pace to set a record as the busiest year for bankruptcy filings since the Great Recession.  In this episode on Kelley Drye Legal Download podcast, Bankruptcy and Restructuring Partner Bob LeHane and Special Counsel Jennifer Raviele discuss the ... Read full article

The $600 billion Main Street Loan program has been highly anticipated to provide financial support in the form of loans to small and medium-sized U.S. businesses affected by the COVID-19 pandemic. The Federal Reserve Bank of Boston that is administering ... Read full article

On July 4, 2020, President Trump signed into law a bill passed by the U.S. ... Read full article

On June 16, 2020, the U.S. Department of Treasury ( Treasury ) and U.S. ... Read full article

[Update: This is an updated version of an article published on June 5, 2020 ] ... Read full article

A proposed piece of COVID-19 relief legislation could have major implications for California lenders and servicers, particularly in the mortgage lending industry, if passed into law. The assembly bill, entitled “COVID-19 Homeowner, Tenant, and Consumer ... Read full article

On June 5, 2020, the U.S. ... Read full article

Prediction: you will begin to see stories about an explosion of chapter 11 filings in May 2020. Well, that is not much of a prediction because I already have seen two. Chapter 11 filings did not explode in May. ... Read full article

Below please find a link to the Sheppard, Mullin, Richter & Hampton LLP ( Sheppard Mullin ) Paycheck Protection Program ( PPP ) Loan Forgiveness Estimator Workbook (the Workbook ), which was created by and is the property of Sheppard Mullin. ... Read full article