News

March 24, 2020 – 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

March 20, 2020 – 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 barbershops and nail salons close until further notice. We will

March 20, 2020 – 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

March 20, 2020 – The SBA Administrator Jovita Carranza has announced that the U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to New York small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). DHC has experience in assisting small businesses with

March 19, 2020 – Unemployment Assistance New York State is waiving the 7-day waiting period for Unemployment Insurance benefits for people who are out of work due to Coronavirus (COVID-19) closures or quarantines. Visit the New York State Department of Labor website for more information. ·       NYS DOL is implementing a new filing

March 19, 2020 – UPDATE: Governor Cuomo has just held his news conference and announced that Executive Order 202.6 will be adjusted from 50% to at least 75% of the workforce of non-essential services must work from home. Please see below for the full details. The executive order from Governor