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Entries tagged “cares act”

Client Alert: Main Street Lending Program

insights Client Alert: Main Street Lending Program Juan Zuniga · July 13, 2020

Updated July 10, 2020 The Main Street Lending Program (“MSLP”), created by the CARES Act and incorporated into Section 13(3) of the Federal Reserve Act, will provide a total of $600 billion in financing for small and medium-sized businesses affected by the coronavirus pandemic. Using funds allocated by the CARES Act, the Federal Reserve will…

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Insurance Coverage and the Coronavirus

insights Insurance Coverage and the Coronavirus Jill Haley Penwarden · March 31, 2020

Virtually every business is suffering losses due to the coronavirus pandemic, and many are looking to their insurance policies in hopes of relief. Whether coverage will be available will depend on the types of policies in place, as well as the specific coverage wording and exclusions to each policy. Every insurance policy is different, and policyholders will…

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