Many equipment lessees have been hit hard by the economic downturn caused by the COVID-19 pandemic. Inez Markovich and Howard Brod Brownstein outline the rights and remedies of equipment finance lessors and lenders when their customers face temporary distress or a Chapter 11 filing. Equipment Continue Reading
How USPTO Examiner Type Affects Patents: Part 2
Patent procurement at the U.S. Patent and Trademark Office is affected by the type of examiner. We gathered data from the LexisNexis PatentAdvisor database for each year from 2009 to 2019, for examiners in each of eight nondesign Tech Centers at the USPTO from the Continue Reading
The Path to Successful Utilization of Alternative Payment Models
Kay Klele authored an article for the American Bar Association: Health Lawyer. Continue Reading
The COVID-19 Crisis Is Likely to Increase Worker Activism and Union Organizing: What Employers Need to Know
After decades of steady decline in union activity, the number and magnitude of strikes in the United States increased sharply in both 2018 and 2019, rising to their highest levels since the early 1980s. Relatively successful job actions by teachers across the country and by workers at General Continue Reading
Court Opinion Finds COVID-19 Qualifies as a Natural Disaster
A Pennsylvania Supreme Court Decision may help policyholders seeking claims coverage for COVID-19 losses. The Pennsylvania Supreme Court recently issued an opinion that provides helpful language that policyholders and their counsel will likely cite in support of arguments for insurance Continue Reading
How USPTO Examiner Type Affects Patents: Part 1
Patent procurement at the U.S. Patent and Trademark Office is affected by the type of examiner. We gathered data from the LexisNexis PatentAdvisor database for each year from 2009 to 2019, for examiners in each of eight nondesign Tech Centers at the USPTO. Examiners are categorized into Continue Reading
Main Street Lending Program Expanded by Federal Reserve
On April 30, 2020, the Board of Governors of the Federal Reserve updated the proposed terms of the Main Street Lending Program by publishing three term sheets and frequently asked questions (the “FAQs”). The updated terms of the program will have an impact on how useful this program may be to Continue Reading
SBA and Treasury Department Sued Over PPP Loan Guidance on the Good Faith Necessity Certification
Recent FAQ guidance from the Small Business Administration is causing great uncertainty for businesses that have received paycheck protection loans and are grappling with whether to return them, write litigators from McCarter & English. On May 4, 2020, three California-based technology Continue Reading
Loan Modifications and Forbearance Agreements in the Age of COVID-19
Although the COVID-19 pandemic will continue to impact the economy, numerous commercial borrowers have begun contacting their lenders about either actual or anticipated defaults on their loans, seeking payment deferrals, interest-only periods on amortizing loans, temporary or permanent modification Continue Reading
How Some States Are Slowing Commercial Property Evictions
As the economic impact of the COVID-19 pandemic expands, several states within the Northeast and Mid-Atlantic regions have taken different approaches concerning commercial property evictions. Below, we discuss how some of these states and Washington, D.C., are handling such eviction matters or are Continue Reading