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Dinse Brief – Lender Clients Memo
April 10, 2020 In these turbulent times of the Covid-19 pandemic, this memorandum is intended to summarize the issues and complications that we expect to encounter in connection with closings, especially those that involve real estate. Closings will continue to happen; however, they may be delayed. Our real estate team at Dinse P.C. is making MORE >
Dinse Brief: U.S. Department of Labor Issues Temporary Rule on New Paid Leave Laws
The U.S. Department of Labor (DOL) issued temporary regulations implementing the Emergency Family and Medical Leave Expansion Act (“FMLA Expansion”) and the Emergency Paid Sick Leave Act (“EPSL”), both of which provide paid leave benefits to certain employees. These regulations are largely consistent with the DOL’s prior guidance on these new benefits (see earlier Dinse MORE >
Dinse Brief – Paycheck Protection Program
Pursuant to the CARES Act, the U.S. Treasury Department (“Treasury”) announced the rules and procedures for small businesses that are seeking assistance in dealing with the economic consequences of the COVID-19 pandemic. The Paycheck Protection Program (“PPP”) makes up to $349 billion in forgivable loans available to small businesses. PPP funds can be used for MORE >
Dinse Brief – Unemployment Compensation Expansion for COVID-19 Related Reasons
As a result of the COVID-19 pandemic, most Vermont employers have had to make difficult personnel decisions. Employers have had to reduce employee work hours, furlough employees, or conduct layoffs, all of which have resulted in workers filing claims for unemployment compensation benefits. In response to the massive influx of these claims, lawmakers, at both MORE >
Dinse Brief – DOL Releases Additional FAQs Clarifying Employer Paid Leave Obligations Under the FFCRA
The U.S. Department of Labor has released additional FAQs to assist employers with complying with their responsibilities under the paid leave provisions of the Families First Coronavirus Response Act (“FFCRA”), namely the Emergency Family and Medical Leave Expansion Act (“FMLA Expansion”) and the Emergency Paid Sick Leave Act (“EPSLA”). Key issues addressed by the DOL MORE >
Dinse Brief – DOL Releases FFCRA Notice and Related FAQs
The DOL has issued a notice summarizing an employee’s rights under the paid leave aspects of the Families First Coronavirus Response Act. This notice must be posted in an employer’s workplace, or distributed or made available to all employees who are working remotely. The DOL has also released a Q-&-A guidance for employers regarding this MORE >
Dinse Brief: COVID-19’s Impacts on Contracts and Leases
As the COVID-19 pandemic continues to spread and the world’s response continues to evolve, businesses both in the United States and abroad are faced with uncertainty of COVID-19’s impact on their present obligations under their existing contracts and leases. This memorandum focuses on the interplay between COVID-19 and provisions that may invalidate a contract or MORE >
Dinse Brief: COVID-19 AND EMPLOYMENT BENEFITS – WHAT EMPLOYERS SHOULD KNOW AS THEY ADAPT TO THE PANDEMIC
As Vermont begins to adapt to the COVID-19 pandemic employers are considering hour reductions, temporary closures, downsizing their workforces and furloughs. All of these alternatives can impact employee benefits. Although the right solution for employers will be determined based on their unique facts, circumstances and plan rules, below is general information about some of the MORE >
Dinse Brief: New Employer Paid Leave Laws Discussion
The U.S. Department of Labor, the U.S. Department of Treasury and the Internal Revenue Service issued a joint press release to address the employer paid leave obligations contained within the recently enacted Families First Coronavirus Response Act, namely the Emergency Family and Medical Leave Expansion Act and the Emergency Paid Sick Leave Act. Key Points MORE >