In these unprecedented times of the COVID-19 pandemic and the resulting disruption of economic activity, we understand the imperative for the very survival of our clients and the business community at large in addressing their liquidity requirements. Set forth below is an overview of some of the Continue Reading
Connecticut’s “Stay Safe, Stay Home” Order Restricts In-Person Workplace Operations of Non-Essential Businesses
Connecticut Governor Ned Lamont issued Executive Order No. 7H (the “Stay Safe, Stay Home Order”) directing that all non-essential businesses and not-for-profit entities operating in the state prohibit in-person operations at their places of businesses, effective at 8:00 p.m. on March 23, 2020. Continue Reading
COVID-19 Response — Locked In Paradise — Hawai`i Issues Robust Stay-at-Home and Mandatory Quarantine Orders for Visitors and Residents
COVID-19 Update: Department of Defense Issues Class Deviation, Increasing Certain Progress Payment Ceilings
Deferral of U.S. Federal Income Tax Filings and Payments
In response to the COVID-19 pandemic, the Department of the Treasury and the Internal Revenue Service issued Notice 2020-18 (superseding Notice 2020-17). Notice 2020-18 automatically postpones the April 15, 2020, due date for filing federal income tax returns and making federal income tax Continue Reading
COVID-19 Pandemic Response: New York State Tolls Statutes of Limitation, Suspends Other Legal Deadlines
On March 20, 2020, New York Governor Andrew M. Cuomo issued Executive Order No. 202.8 (EO 202.8) suspending and tolling “any specific time limit for the commencement, filing, or service of any legal action, notice, motion, or other process or proceeding, as prescribed by the procedural laws of the Continue Reading
New Jersey Property Tax Appeal Deadline Extended
The Chief Justice of the New Jersey Supreme Court issued an order on March 19, 2020, extending the deadline to file a property tax appeal to the New Jersey Tax Court or County Boards of Taxation until at least May 1, 2020. If you own or lease commercial, residential and/or investment property in Continue Reading
Coronavirus Resources for Business Enterprises and the VC Community
We hope that you are all well, taking reasonable precautions, and that your health and businesses remain strong. Your McCarter team is working as usual (albeit remotely) and remains steadfast in our commitment to helping our clients achieve their goals and meet today’s unique challenges. We are Continue Reading
Massachusetts Order Requires All Non-essential Businesses to Close Workplaces
UPDATE: On March 31, Governor Charlie Baker issued an extension of the Emergency Order to May 4, 2020. It was originally written to end on April 7, 2020. All other stipulations in the order otherwise are seen unchanged. On Monday, March 23, Massachusetts Governor Charlie Baker issued a State of Continue Reading
Delaware Modifies Declaration to Specify “Essential” and Non-Essential” Businesses and Mandates Citizens Stay-At-Home
On Sunday, March 22, Delaware Governor John Carney issued modifications four and five to the Declaration of a State of Emergency for Delaware (Declaration). The Fourth Modification clarifies what businesses are deemed essential and non-essential. The Fifth Modification requires all individuals Continue Reading