Insights

U.S. Supreme Court Ends CDC’s Residential Eviction Moratorium

The United States Supreme Court has sided with realtor associations and rental property managers in the battle over the Center for Disease Control’s authority to impose a nationwide eviction moratorium.

Lessons Learned for Compliance from the Global Pandemic

Emily Hodge is joined by Heather Golding, General Counsel and Chief Ethics and Compliance Officer at Sobi North America, and David Ryan, Vice President and Chief Compliance Officer at Epizyme, to discuss strategies compliance partners can implement to overcome a range of challenges in the virtual world.

Update on Certain Massachusetts COVID-19 Measures Affecting the Real Estate Industry

Effective June 15, 2021, Governor Baker rescinded the COVID-19 state of emergency in Massachusetts. This triggered the expiration of a number of COVID-19 measures affecting the real estate industry.

Vaccinations and the Return to Work: The State of the Law and the Potential Risks

Now that the COVID-19 vaccination rollout is underway, employers are beginning to plan for their employees to return to the workplace. In the inaugural episode of Choate’s Litigation Updates podcast series, Joan Lukey and Alison Reif discuss the interplay between vaccinations and the decision to either require or allow employees to return as well as potential litigation risks associated with the return to the workplace.

New Stimulus PPP Package: What You Need to Know

Late on December 21, 2020, Congress passed its latest stimulus package. The bill expands the Paycheck Protection Program, which was originally established when the CARES Act was enacted earlier this year. Our Private Equity Group summarizes what you need to know about the new stimulus package, including changes for new and existing loans.

Borrowers Beware: US Attorney Announces New Initiative to Combat CARES Act Fraud

Those who sought loans in connection with the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 should take note that this week on July 28th, the U.S. Attorney’s Office in Massachusetts (USAO) announced a new law enforcement collaboration focused on combatting CARES Act fraud.

Paycheck Protection Program Flexibility Act Gives Borrowers More Leeway

Just two months after the Paycheck Protection Program (“PPP”) began taking applications, the House and Senate have passed the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”) aimed at smoothing the way for more borrowers to take advantage of PPP loans and loan forgiveness.

Director Fiduciary Duties: Additional Risks in Times of Financial Distress

In the face of deteriorating financial conditions for a business, directors should revisit the fiduciary duties they owe to the business and be particularly attuned to the question of which parties are the proper beneficiaries of those duties.

SBA Issues Additional Guidance on PPP Forgiveness and Review Processes

The Small Business Administration (SBA) continued its incremental rollout of guidance for borrowers under the Paycheck Protection Program (PPP), with two interim final rules issued on the eve of Memorial Day Weekend.