On May 5, 2020, Governor Whitmer signed Executive Order 2020-74, which permits remote notarization of documents to continue using two-way audiovisual technology through June 30, 2020. The original Executive Order, …
What To Do If a Decedent Receives a Stimulus Payment
If you have a deceased family member who receives a stimulus payment as a result of the CARES Act, you may be wondering whether you are entitled to keep that …
Update on Paycheck Protection Program Issues
We recently advised that the SBA directed that all Paycheck Protection Program (“PPP”) applicants must meet the required “need certification”. The SBA had initially stated that borrowers who received a …
Understanding the PPP Loan Need Certification Requirement and the May 7, 2020 “Safe Harbor”
In response to widespread criticism that numerous large and well-funded companies obtained Paycheck Protection Program (PPP) loans, which foreclosed opportunities for needy small businesses, the SBA has taken several steps …
Executive Order 2020-70: Re-Opening of Construction and Real Estate Industries
Governor Whitmer issued Executive Order 2020-70 on May 1, 2020, which modifies the previous Stay Home Order to allow construction and real estate activities to begin a week earlier. Accordingly, …
Executive Order 2020-69: Restricting Places of Public Accommodation and Amusement
On April 30, 2020, Governor Whitmer issued Executive Order 2020-69, which extends the restrictions against places of public accommodation and public amusement, such as restaurants, bars, theaters, libraries, gyms, recreation …
Executive Order 2020-59: Extending the “Stay Home, Stay Safe” Mandate Through May 15, 2020
On April 24, 2020, Governor Whitmer issued Executive Order 2020-59, extending the “Stay Home, Stay Safe” mandate through May 15, 2020. The Order is generally effective immediately, and contains some …
Qualified Plan Provisions Enacted by the CARES Act
The CARES Act, which went into effect at the end of March, affects retirement plans in many ways. Employers and participants should be aware of new distribution and loan options …
Update: Issues Affecting Michigan Real Estate Businesses Arising From The Covid-19 Pandemic
Governor Whitmer has issued two new Executive Orders that will have a direct impact on real estate businesses in Michigan. The revised Stay Home Stay Safe order (Executive Order 2020-42) …
Can Performance Of Contracts Be Excused Due To The Covid-19 Crisis?
Due to the COVID-19 pandemic, Stay at Home Orders and the resulting financial turmoil, many contracting parties (including landlords and tenants) find themselves either unable to perform their obligations, or …