Late last evening, in a bold response to the crisis currently facing our country, the Senate passed the nearly $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. This bill, known as Phase 3, is extremely beneficial for small business of all sizes and includes unique provisions to help provide liquidity and to help businesses […]
Posted on
03.26.2020
in
Business,
News,
Nonprofit
Because of the COVID-19 pandemic, the U.S. Small Business Administration (“SBA”) now offers a program of economic injury disaster loans to private non-profits, as well as for-profit businesses that have suffered substantial economic injury as a result of the COVID-19 pandemic. Generally, substantial economic injury means the private non-profit or business is unable to meet its obligations […]
Employers and employees are trying to figure out how the new emergency laws and statewide orders apply to their situation. Here are some frequently asked questions. Presently, Ohio is under a statewide stay-at-home order unless you are an essential business. These questions apply to employees who are working. This means essential employees of essential businesses. […]
In a letter dated Wednesday March 18, 2020, a bipartisan group of U.S. Congressional lawmakers urged four major insurance trade organizations “to make financial losses related to COVID 19 and other infectious disease-related losses part of their commercial business interruption coverage for policy holders.” The lawmakers advised that the “shelter-in-place” orders that have been issued […]
Unforeseeable circumstances – such as the outbreak of coronavirus (“COVID-19”) – that prevent a party from fulfilling its contractual duties may fall under the force majeure clause of that contract. However, a great deal depends on the nature of the event and its impact on the specific contract and its performance by the parties. The […]
The Families First Coronavirus Response Act is a law passed by the Senate and signed by the President on March 18, 2020. This law responds to the impact of the ongoing coronavirus pandemic on employees. The act provides paid FMLA leave, 14-days paid sick leave for full time American workers affected by the pandemic, and funding for […]
Posted on
03.19.2020
in
Insurance,
News
In a matter of weeks, Governmental action, in Ohio, and a growing number of states, due to the Coronavirus pandemic, has already resulted in governmentally mandated closures of bars, restaurants, schools, hair salons, barber shops, tattoo parlors, spas, gyms and movie theaters, etc. The list is lengthy and grows by the day. Ohio’s Governor, Mike […]
Posted on
03.09.2020
in
Insurance,
News,
Publications
Weston Hurd’s 2020 Desktop Legal Primer for Ohio Claims serves as a comprehensive go-to-guide and useful reference tool for insurance claims professionals. Researched and written by Weston Hurd attorneys, the Primer contains Ohio statutes, case citations and covers information regarding: Claim Limitation Periods – Statutes of Limitation; Product Liability Statute of Repose; Construction Statute of […]
