Stay informed about the impact of COVID-19 on Pennsylvania Businesses

Some states introduce legislation around insurance coverage exclusions for virus-related business interruption losses

Businesses throughout the country continue to experience revenue reduction and business disruptions related to mandated shutdowns and slowdowns resulting from the COVID-19 pandemic. Many are looking into their options to recoup economic losses attributed under business interruption or income loss provisions contained in commercial property loss policies.
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Critical planning for construction companies during COVID-19

The COVID-19 pandemic is causing significant disruption in the economy, and construction companies are not spared. The first wave of disruption came from government orders that shutdown the economy. For the past week, Saxton & Stump’s Construction Law team has been fielding calls and advising on which projects can continue with work, requesting exemptions, working across state lines, and addressing specific project-related disruptions to manpower and the schedule.
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Small business exemption under the Families First Coronavirus Response Act (FFCRA)

In anticipation of the upcoming compliance deadline, the Department of Labor (DOL) recently published updated guidance to help employers determine obligations under the Families First Coronavirus Act (FFCRA). The guidance, by way of an expanded Questions and Answers document, gives additional insight into whether and how small businesses may claim an exemption to the FFCRA’s paid leave provisions.
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President Trump signs $2 trillion coronavirus relief bill – what it means for businesses

President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act which provides $2 trillion in relief, including large sums of cash to hospitals and broader access to testing for individuals. The 880-page Act includes economic stimulus money ranging from individual rebates and small business loans to increased unemployment support and tax breaks. T
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The effect of COVID-19 on employer-sponsored health plans: a comprehensive guide

Businesses across the country are grappling with the effects of the shutdown of operations resulting from the COVID-19 pandemic. Employers have been left with a number of questions regarding health care coverage continuation, employer assistance payments, the employer penalty under the Affordable Care Act, and health plan coverage for COVID-19 testing and treatment.
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Working Capital Assistance Fund announced by PA Industrial Development Authority

The Pennsylvania Industrial Development Authority (PIDA) has announced $60 million in working capital loans available to businesses with less than 100 full-time employees. The application process is still being developed, but businesses who might qualify can find further details, including eligibility requirements, loan terms, and steps that they can take to prepare to apply, here.
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COVID-19 impact on Pennsylvania hospitality and alcohol industries – what business owners need to know

The hospitality and alcohol industries are both leading the charge and taking the brunt of the effects of COVID-19 (coronavirus). As soon as cases were confirmed in Pennsylvania, many businesses immediately instituted sanitation practices that were unprecedented, only to be directed to close their doors to dine-in customers a few days later.
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Families First Coronavirus Response Act signed by President Trump, employers to comply by April 2

The Families First Coronavirus Response Act (FFCRA) was signed into law last night by President Trump. Two important provisions of the FFCRA—the Emergency Family and Medical Leave Expansion Act and Emergency Paid Sick Leave Act—impact employers of fewer than 500 employees and public agency employers.
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Lancaster, PA 17601
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