Update: Guidance on Executive Order 202.6

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New York State has updated guidance regarding essential businesses or entities which are exempt from the 100% Work From Home Rule. Most notably, there are changes to the Construction section of the guidance which establish new guidelines for essential vs. non-essential construction, safety measures which must be taken and exemptions for single worker activity. Here […]

BANKRUPTCY RELIEF FOR SMALL BUSINESS OWNERS

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The “Coronavirus Aid, Relief, and Economic Security Act” amends the new the Small Business Reorganizations Act of 2019 to help small business owners restructure their debts when they cannot “work it out” outside of a bankruptcy filing. Key takeaways of the SBRA, as amended, are: Debt Limit Increased to $7,500,000:  The eligibility threshold has been increased from […]

Execution of New York Estate Planning Documents During COVID-19 Isolation

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If you are considering whether you can execute your estate planning documents during isolation in New York City, there are a few options available for a short time to do so. Until April 18, 2020, electronic notarizations are allowed in New York State.  The Executive Order issued by Governor Andrew Cuomo provides a process to […]

DC Update: Senate Announces Stimulus Deal

Treasury Secretary Steve Mnuchin, center, heading to meet the Senate minority leader, Chuck Schumer, in Washington on Tuesday.

The Trump administration struck a deal with Senate Democrats and Republicans on a historic rescue package that tees up more than $2 trillion in spending and tax breaks to bolster the hobbled U.S. economy and fund a nationwide effort to stem the coronavirus. The plan includes about $500 billion that can be used to back […]

DHC: Washington D.C. Update

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DC Update: Congressional leaders are optimistic they will soon reach an agreement on a stimulus bill that would inject nearly $2 trillion into the nation’s economy. DHC’s government relations group in Washington, D.C. has been working around the clock with Members of Congress to ensure that our clients have a voice in the process and […]

DHC CAN HELP YOU WORK IT OUT

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Workouts, Restructuring, Bankruptcy and Creditor Rights Financial distress is one fallout from COVID-19 (coronavirus), with the worldwide supply chain disrupted, businesses shut down, oil prices plummeting, mass unemployment and financial hardship all around. Lenders and borrowers, landlords and tenants, business owners and employees: everyone has been affected to varying degrees. The financial pain is real […]

Governor’s Executive Order 202.6 Guidance

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Governor Cuomo and the New York State Economic State Development have provided a list and guidance on essential services exempt from the 75% work from home rule. Please note that the Governor has mandated that all barber shops and nail salons close until further notice. We will have further information after the Governor’s press conference today. […]

Update: Governor’s Executive Order 100% Workforce

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Here are some important updates for businesses. We understand that many businesses are looking for clarifications on many of these directives. We are working on getting those answers for you. The situation remains extremely fluid and is changing on a day to day basis. Per Governor Cuomo’s announcement today, all businesses that are not deemed […]

Forbes Talks To Alex Victor About The Hospitality Industry Navigating The Coronavirus Outbreak

A shuttered bar in New York City during the coronavirus pandemic

As bars, restaurants, and other hospitality businesses navigate the coronavirus outbreak, Forbes magazine turned to DHC Partner Alex Victor of the firm’s renowned Hospitality & Restaurant practice group for his legal expertise, particularly on matters concerning the New York State Liquor Authority (SLA). Under the present circumstances, Victor noted, many hospitality establishments have closed, though he added that […]