by Matthew Gensburg | May 8, 2020 | GCK on Law
Bankruptcy Code Section 525(a) provides that a governmental unit may not discriminate against a person with respect to certain grants solely because that person, inter alia, has had a debt discharged under the Bankruptcy Code. In the public housing context, this...
by Sandra Mertens | Apr 20, 2020 | GCK on Law
On March 27, 2020, the CARES Act became law, creating and allocating $349 billion to the new “Paycheck Protection Program” (“PPP”) administered by the Small Business Association (“SBA”). The PPP allowed small businesses and sole proprietors to apply for loans...
by Sandra Mertens | Apr 16, 2020 | GCK on Law
During this lengthy period of isolation and social distancing, many are struggling financially who will benefit from the government’s most recent stimulus package arising from COVID-19, designated “Economic Impact Payments.” Here are some of the most frequently asked...
by Alexis Clinebell | Apr 9, 2020 | GCK on Law
Several notable tax credits have been created for employers in response to COVID-19. The tax credits are designed to provide employers with immediate access to cash they would otherwise allocate to pay taxes. In follow-up to the credits for qualifying paid leave...
by Matthew Chodosh | Apr 1, 2020 | GCK on Law
On Friday, March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (“Cares Act”). The Cares Act is the largest and most expensive emergency relief package in history. The Cares Act allocates $2 trillion in an effort to...
by Alexis Clinebell | Mar 31, 2020 | GCK on Law
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”) was signed into law. One of the most impactful provisions of the CARES Act is the creation of the Paycheck Protection Program (the “Program”), a new, 100%...
