Update: Governor Cuomo Extends NY PAUSE Shutdown until May 15, 2020
April 16, 2020 – Today, Governor Cuomo announced that NY PAUSE will be extended from April 29, 2020 until May 15, 2020. NY PAUSE is the policy behind the Governor’s Executive Orders to date, including the 100% Work from Home Order (EO 202.6) which, among other things, is now extended to at least until May […]
Update: Governor Cuomo Executive Order 202.17
April 15, 2020 – Today, Governor Cuomo announced that he will be issuing a new Executive Order, requiring all individuals, when in public and when it is not possible to practice social distancing, to wear masks. These masks can be of medical grade and/or made from home (cloth/bandana) but must cover the mouth and nose. […]
Update: Governor Cuomo Forms Task Force to Reopen Economy & Issues Executive Order 202.16
April 13, 2020 – Today, led by Governor Cuomo, the Governors of Connecticut, New Jersey, Pennsylvania, Delaware, and Rhode Island held a press conference call. The topic of the call was to discuss in unison a path forward toward reopening the economy. All expressed the importance of taking a regional approach to reopening as the […]
NYS Temporarily Allows Virtual Witnessing of Wills, Health Care Proxies and Powers of Attorney
April 8, 2020 – Governor Cuomo issued Executive Order 202.14 temporarily allowing virtual witnessing of Wills, Health Care Proxies and the Gifting Rider to Powers of Attorney, until May 7, 2020. The order also extends the time allowing virtual notarizations of documents such as Deeds, Trusts, and Powers of Attorney until May 7, 2020. View […]
2020-2021 NYS BUDGET SUMMARY & UPDATE
April 3, 2020 – This week, facing the April 1, 2020 deadline, the Governor and Legislature agreed upon the 2020-2021 State Budget. The budget authorizes a reduction in spending by $10 billion to account for the economic impact of the COVID-19 pandemic. Due to the ongoing pandemic, the budget also put its place the ability […]
Financial Assistance Programs
March 30, 2020 – Davidoff Hutcher & Citron (“DHC”) has formed a multi-disciplinary task force of attorneys and lobbyists to assist clients seeking government-sponsored loans and grants that have been made available in light of the COVID-19 pandemic (“Financial Assistance Programs”). DHC has extensive experience interacting with relevant government agencies and securing financial assistance packages […]
Update: Guidance on Executive Order 202.6
March 27, 2020 – New York State has updated guidance regarding essential businesses or entities which are exempt from the 100% Work From Home Rule. Most notably, there are changes to the Construction section of the guidance which establish new guidelines for essential vs. non-essential construction, safety measures which must be taken and exemptions for […]
BANKRUPTCY RELIEF FOR SMALL BUSINESS OWNERS
March 27, 2020 – The “Coronavirus Aid, Relief, and Economic Security Act” amends the Small Business Reorganizations Act of 2019 to help small business owners restructure their debts when they cannot “work it out” outside of a bankruptcy filing. Key takeaways of the SBRA, as amended, are: Debt Limit Increased to $7,500,000: The eligibility threshold has […]
Execution of New York Estate Planning Documents During COVID-19 Isolation
March 26, 2020 – If you are considering whether you can execute your estate planning documents during isolation in New York City, there are a few options available for a short time to do so. Until April 18, 2020, electronic notarizations are allowed in New York State. The Executive Order issued by Governor Andrew Cuomo […]
DC Update: Senate Announces Stimulus Deal
March 25, 2020 – The Trump administration struck a deal with Senate Democrats and Republicans on a historic rescue package that tees up more than $2 trillion in spending and tax breaks to bolster the hobbled U.S. economy and fund a nationwide effort to stem the coronavirus. The plan includes about $500 billion that can […]