Coronavirus Updates

This morning, the President signed into law the Paycheck Protection Program (PPP) Flexibility Act of 2020, which makes several significant modifications to the PPP provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Notably, this new law makes the following changes: Reduces the percentage of forgivable expenses...

At Governor Phil Murphy’s (D) daily coronavirus briefing, held just a few hours ago, New Jersey Motor Vehicle Commission (NJMVC) Chair and Chief Administrator Sue Fultonannounced that the NJMVC will resume some in-person services on Monday, June 15. As part of its re-opening plan, the NJMVC has reimagined the agency’s...

Governor Phil Murphy, yesterday, signed Executive Order 151 which extends the Public Health Emergency, originally declared on March 9, 2020, for another 30 days. Under the Emergency Health Powers Act, a declared public health emergency expires after 30 days unless it is renewed. Gov. Murphy has renewed the...

Yesterday, Governor Murphy announced that New Jersey will enter “Stage 2” of its planned recovery from the COVID-19 pandemic beginning June 15, 2020. However, no formal Executive Orders or Administrative Orders have been issued yet, so the available details are limited to Governor Murphy’s...

Senate Takes Up Narrow PPP “Fix” That Does Not Address All Business Concerns Late last week, the House of Representatives passed H.R. 7010, which would loosen requirements on hundreds of billions of dollars in small-business loans made through the Small Business...

The House of Representatives, last night, passed H.R. 7010,  which would loosen requirements on hundreds of billions of dollars in small-business loans made through the Small Business Administration’s Paycheck Protection Program (PPP). The bill enjoyed widespread bi-partisan support, including six members of the New...