News Archive 2020 BK
December 30, 2020 – New York Business Journal reported that Related Companies filed an emergency affirmation to collect $5.3 million in back rent from Hugo Boss and approximately $700,000 in monthly rent for the retailer’s store at The Shops at Columbus Circle, which has been shut down for six months due
December 28, 2020 — Last night, President Trump signed the Consolidated Appropriations Act of 2021, releasing $900 billion in stimulus relief for the COVID-19 pandemic into the economy. DHC has prepared the following overview of the COVID-19 Relief Package, highlighting key provisions in the legislation impacting small businesses. Included in
December 21, 2020 — DHC D.C. Update: The House and Senate are set to vote Monday on $900 billion in pandemic relief aimed at boosting the U.S. economy into the early spring, combined with $1.4 trillion to fund regular government operations for the rest of the fiscal year. The bill includes
December 20, 2020 – DHC’s Founding Partner Sid Davidoff wrote an open letter to President-Elect Joseph R. Biden in the New York Daily News, sharing his love for New York City and asking the Biden Administration to focus on the projects and policies that will help the City recover from the economic impacts of COVID-19.
December 15, 2020 – Jonathan Pasternak, a Partner in DHC’s Bankruptcy, Restructuring and Creditor’s Rights practice group, discussed the future of Tailored Brands, owner of Men’s Warehouse, Jos. A. Bank and other prominent retail brands, with Women’s Wear Daily, and the Commercial Observer about the spate of bankruptcies impacting the retail industry in 2020, and
December 11, 2020 – DHC’s Commercial Litigation Partner William H. Mack spoke to The New York Times about how the pandemic has created a crisis in New York City’s commercial real estate market. Mack, who represents Hugo Boss, Victoria’s Secret, Bath & Body Works, and numerous other retailers, spoke about his