All Perspectives

On March 23, 2020, the Board of Governors of the Federal Reserve, with the approval of the Secretary of Treasury, authorized the Federal Reserve Bank of New York to establish and operate the Term Asset-Backed Securities Loan Facility.

Yesterday, the Equal Employment Opportunity Commission updated and expanded its March 17th and 18th guidances on legal issues related to the COVID-19 pandemic.  

To sustain essential court services in California state courts, the Judicial Council, headed by Chief Justice Tani Cantil-Sakauye, announced the adoption of Emergency Rules to the California Rules of Court, to immediately go into effect as of April 6, 2020. 

On March 30, 2020, in response to the continued spread of COVID-19, California Governor Newsom issued Executive Order N-39-20, authorizing temporary adjustments to certain standards related to staffing and licensing requirements for healthcare facilities, providers, and professionals.

As the White House extends its “social distancing” advisory through April 30, 2020, companies must find a path to conduct shareholder meetings while discouraging gatherings to curb the spread of COVID-19.

Food, Drug, Medical Device & Cosmetic Group Leader Deborah Shelton is serving as Curriculum Advisor for the Food and Drug Law Institute’s Introduction to Drug Law and Regulation virtual event on April 15-16.

In today’s episode, we talked with Barbara Wahl about “Force Majeure” and possible defenses that may be available to avoid performance under a contract due to Coronavirus and the Government Orders related to the pandemic.

Below is a summary of the Main Street New Loan Facility and the Main Street Expanded Loan Facility, details of which were released by the Federal Reserve this morning. Arent Fox will continue to update, and expand on, this summary as more information becomes available.

The CARES Act authorized the Secretary of the Treasury to make up to $500 billion in loans, loan guarantees, and other investments for eligible businesses, States, and municipalities.

The United States Patent and Trademark Office recently announced that it will provide a 30-day extension for many patent and trademark filing and fee deadlines to those personally affected by COVID-19.

In recent weeks, an increasing number of state legislatures have taken drastic measures to force the insurance industry to shoulder much of the burden of the economic downturn brought on by the global COVID-19 pandemic.

In anticipation of the raft of earnings releases and analyst and investor calls that will take place in the next few weeks, the U.S. Securities and Exchange Commission (SEC) issued a public statement in which SEC Chairman Jay Clayton and Director of the Division of Corporation Finance William Hinman urge issuers to provide robust, forward-looking disclosures regarding the impact of COVID-19 in their upcoming earnings releases and analyst and investor calls.

The following chart has been compiled to provide New York employers with guidance as they weigh decisions about whether to approve an employee’s leave request(s) based on different common factual scenarios that may arise.

FEMA has exercised its delegated authority under the Defense Production Act to issue a temporary final rule to prohibit the export of five types of medical PPE that the US government previously identified as scarce and threatened material in the COVID-19 pandemic.

Over the past month, states and municipalities have been issuing stay-at-home orders to slow the spread of COVID-19.

Last week, in Servotronics, Inc. v. Boeing Co., the Fourth Circuit became the latest United States Court of Appeals to allow Section 1782 discovery for use in private international arbitrations.

The SBA has released additional guidance regarding the application of certain affiliate rules applicable to the PPP.

On April 7, 2020, the Council of the District of Columbia unanimously passed the COVID-19 Response Supplemental Emergency Amendment Act of 2020.

International Trade Partners Marwa Hassoun and Kay Georgi explain how FEMA’s new rule restricting the export of face masks, respirators, and other medical personal protective equipment works – how to get a license and what the penalties are.

As recently as March 27, the WHO was stating on its website that there was insufficient evidence to suggest that the novel coronavirus was airborne except in a handful of medical cases, such as when intubating an infected patient.

Join us for a conversation about Drug Pricing Transparency.

LOS ANGELES — Craig Gelfound, head of Arent Fox LLP’s Intellectual Property practice in Los Angeles, has once again been honored by the Daily Journal as one of the Top Intellectual Property Lawyers in California, marking his tenth consecutive year of this recognition.

Schiff successfully secured the rights of secular celebrants to officiate and solemnize marriages in the state of Michigan.

On April 6 the Small Business Administration (SBA), after consulting with the Department of Treasury, published a set of Frequently Asked Questions relating to the Paycheck Protection Program.

The Supreme Court has stricken a federal statute that abrogated a State’s immunity from copyright infringement lawsuits.