Willkie’s COVID-19 Resource Center offers insight and analysis from lawyers across the firm to help businesses understand and address the novel issues and challenges stemming from the coronavirus outbreak. We closely monitor the impact on our clients’ businesses, working to actively address the legal, regulatory and operational developments they face and help them plan for the future. Please check here for new legal developments as this page is updated regularly.
RESOURCES
COVID-19 State Action Tracker: Workplace Shutdowns, Travel Restrictions and Reopenings
COVID-19: Summary of Relief for Registered Investment Companies
COVID-19: A Practical Handbook for Clients
Italy COVID-19 Legal Matters
PUBLICATIONS
January 4, 2021 - Congress Passes $900 Billion Stimulus Package
January 4, 2021 - Congress Renews the Paycheck Protection Program and Provides Second Draw for Certain Eligible Businesses
September 24, 2020 - OCIE Provides Cybersecurity Risk Alert to Investment Advisers and Broker-Dealers Regarding Credential Stuffing
August 11, 2020 - Federal Agencies Adopt a Final Rule and an Interim Final Rule Delaying Compliance Dates of Initial Margin Requirements for Non-Cleared Swaps
July 17, 2020 - COVID-19: Sophisticated Cyberattacks Increasingly Targeting Pharmaceutical Research and Health Data Related to Vaccines, Treatments and Testing
July 14, 2020 - OCIE Ransomware Alert: Stay Alert, Stay Prepared
July 1, 2020 - LATAM COVID-19 Task Force – Privacy and Cybersecurity Issues
June 29, 2020 - SEC Issues Supplemental COVID-19 Disclosure Guidance
June 25, 2020 - LATAM COVID-19 Task Force – Actions Affecting Energy and Infrastructure Projects in Latin America [Update 3]
June 24, 2020 - UK Government Sharpens its Screening Tools for Foreign Investments
June 12, 2020 - COVID-19: Key New York Insurance Regulatory Measures Affecting Policyholders, Insurers and Producers – Update No. 3
June 10, 2020 - Federal Reserve Announces Update to Main Street Lending Program
June 9, 2020 - CFTC Unanimously Approves an Interim Final Rule Extending Phase 5 Compliance Date of Initial Margin Requirements for Uncleared Swaps
June 9, 2020 - Paycheck Protection Program Flexibility Act Extends Loan Forgiveness Period and Makes Key Changes to the Paycheck Protection Program
June 9, 2020 - SEC Staff Provides No-Action Relief to Registered Investment Companies and BDCs in Connection with Participation in TALF 2020
June 3, 2020 - FINRA Observations on Transition to and Supervision of Remote Working Environments
June 1, 2020 - Federal Reserve’s Recent Releases Further Clarify Key Terms of the Main Street Lending Program
May 22, 2020 - Operating During the COVID-19 Pandemic: Current Legal Landscape and Employer Considerations
May 22, 2020 - COVID-19: Key New York Insurance Regulatory Measures Affecting Policyholders, Insurers and Producers – Update No. 2
May 20, 2020 - SBA Revises Guidance on the Treatment of Entities with Foreign Affiliates for Paycheck Protection Program, Releases Information on Loan Forgiveness Process
May 19, 2020 - German Real Estate Law: Legal Considerations for Entering into New or Amending Existing Agreements
May 15, 2020 - LATAM COVID-19 Task Force – Actions Affecting Energy and Infrastructure Projects in Latin America [Update 2]
May 14, 2020 - EU State Aid in Times of COVID-19
May 14, 2020 - SBA Introduces New Safe Harbors for PPP Necessity Certification Requirement
May 7, 2020 - LATAM COVID-19 Task Force – Challenges and Responses: Latin America, United States and Europe [Update]
May 7, 2020 - Should I Stay or Should I Close? Business Shutdowns and Reopenings in the Age of COVID-19 – Part 4
May 6, 2020 - SBA Extends “Safe Harbor” for Return of PPP Loans and Promises Further Guidance on Need for Loans
May 6, 2020 - Antitrust Guidance for Collectively Seeking COVID Relief from Governmental Bodies
May 5, 2020 - LATAM COVID-19 Task Force: Considerations for Private Equity Investors
May 1, 2020 - Federal Reserve Announces Update to Main Street Lending Program
May 1, 2020 - SBA Places $20 Million Cap on PE Funds and Other “Corporate Groups” Seeking PPP Loans
May 1, 2020 - COVID-19: Key New York Insurance Regulatory Measures Affecting Policyholders, Insurers and Producers – Update No. 1
April 28, 2020 - Willkie IP COVID-19 Update: Government Activities Impacting Pricing, Supply, and Research and Development in the Pharmaceutical and Medical Supply Industries as of April 28, 2020
April 27, 2020 - SBA Suggests Higher Scrutiny for Paycheck Protection Program Eligibility
April 24, 2020 - NAIC Guidance and Statutory Accounting Interpretations Related to COVID-19
April 24, 2020 - OFAC Compliance in the Time of COVID-19
April 23, 2020 - Regulator Guidance on Privacy and Cybersecurity Issues Raised as Companies Respond to the Pandemic [UPDATE 4: EU/UK Guidance on Contact Tracing Apps]
April 23, 2020 - Cross-Border Insolvency Considerations in Light of the COVID-19 Pandemic
April 22, 2020 - Actions Affecting Energy and Infrastructure Projects in Latin America [Update]
April 20, 2020 - Estate Planning Developments in Light of COVID-19
April 17, 2020 - More Flexibility for Shareholders’ and Board Meetings During Lockdown in Belgium
April 16, 2020 - COVID-19: Regulatory Responses Affecting Real Estate
April 16, 2020 - SEC Provides Relief to BDCs Relating to Co-Investment Transactions and the Issuance of Senior Securities
April 15, 2020 - COVID-19: Regulator Guidance on Privacy and Cybersecurity Issues Raised as Companies Respond to the Pandemic [UPDATE 3]
April 15, 2020 - DOJ and FTC Announce Enforcement Against Pandemic Collusion in U.S. Labor Markets
April 14, 2020 - Enforcement of the CARES ACT: How the Legislation and Lessons from TARP Should Inform The Actions of Corporate Participants in CARES
April 14, 2020 - CFTC Staff Provide COVID-19 Relief to Registrants and Market Participants
April 14, 2020 - SEC Encourages COVID-19 Disclosures in Upcoming Quarterly Communications
April 10, 2020 - Families First Coronavirus Relief Act (FFCRA): Additional Guidance
April 10, 2020 - Federal Reserve Announces New Main Street Lending Program
April 9, 2020 - COVID-19: Key New York Insurance Regulatory Measures Affecting Policyholders, Insurers and Producers
April 9, 2020 - Actions Affecting Energy and Infrastructure Projects in Latin America
April 8, 2020 - Treasury Issues Initial Guidance on Title IV $500 Billion Lending, But Many Questions Remain
April 6, 2020 - Antitrust and Condition-Mitigating COVID-19 Collaborations
April 6, 2020 - Agencies Extend Comment Period on Proposed Volcker Rule “Covered Funds” Overhaul
April 4, 2020 - SBA Clarifies Rules for Paycheck Protection Program
April 3, 2020 - COVID-19: Regulatory Responses Affecting Real Estate
April 3, 2020 - CARES Act $500 Billion Corporate Aid Package: What Do We Know So Far?
April 3, 2020 - Germany – Measures to mitigate the consequences of the COVID-19 pandemic in civil, insolvency and criminal procedure law (COVID-19 Mitigation Act)
April 2, 2020 - Estate Planning Opportunities While Asset Prices and Interest Rates Remain Low
April 2, 2020 - SEC Staff Provides No-Action Relief to Temporarily Extend Benefits of Rule 17a-9 Under the 1940 Act to Additional Affiliates and Funds
April 2, 2020 - English Civil Courts in the Time of COVID-19: A Practical Guide
April 1, 2020 - Federal Reserve Board Delays Implementation of Control Standards Rule
April 1, 2020 - COVID-19 UK Insolvency Law Reforms
April 1, 2020 - Latest Broker-Dealer Guidance and Relief Associated with the COVID-19 Outbreak
March 31, 2020 - CARES Act and SBA Guidance Expand SBA Business Loan Program
March 31, 2020 - COVID-19: Regulator Guidance on Privacy and Cybersecurity Issues Raised as Companies Respond to the Pandemic [UPDATE 2]
March 31, 2020 - Should I Stay or Should I Close? Business Shutdowns in the Age of COVID-19 - Part 3
March 31, 2020 - Temporary Relief Announced for UK Companies Facing the Challenges of Corporate Reporting During the Coronavirus Crisis
March 30, 2020 - LATAM COVID-19 Task Force - Challenges and Responses: Latin America, United States and Europe
March 30, 2020 - Willkie IP COVID-19 Update: Procedural Restrictions at the Patent Office, PTAB, and Courts with Significant Patent Dockets as of March 30, 2020
March 28, 2020 - Unprecedented Times Call for Unprecedented Measures
March 27, 2020 - CARES Act Expansion of SBA Business Loan Program
March 27, 2020 - CARES Act Relaxes Rules for Use of Retirement Funds
March 27, 2020 - Trade Regulation During the COVID-19 Pandemic: No Price Gouging or Other Exploitation!
March 26, 2020 - Recent COVID-19 Tax Relief including an Overview of the CARES Act as Passed by the Senate
March 26, 2020 - SEC Provides Relief for Registered Funds to Obtain Short-Term Funding
March 26, 2020 - SEC Issues COVID-19 Disclosure Guidance
March 26, 2020 - The COVID-19 Pandemic: What Happens if a Lender Fails to Fund Its Commitment?
March 26, 2020 - The PRA Publishes COVID-19 Regulatory Reporting Amendments Allowing for Delay in Solvency II Reporting Requirements
March 25, 2020 - Competition Authorities Expedite Consideration of Competitor Collaborations Due to the COVID-19 Pandemic
March 24, 2020 - COVID-19: Regulator Guidance on Privacy and Cybersecurity Issues Raised as Companies Respond to the Pandemic [UPDATE]
March 24, 2020 - CFTC and NFA Extend Deadlines for CPO and CTA Reports in Response to COVID-19
March 23, 2020 - Willkie IP COVID-19 Update: Government Activities Impacting Pricing, Supply, and Research & Development in the Pharmaceutical and Medical Supply Industries
March 23, 2020 - Federal Reserve and U.S. Treasury Seek to Bolster Money Market Funds
March 23, 2020 - COVID-19: UK Government Response to Assist Businesses
March 22, 2020 - Should I Stay or Should I Close? Business Shutdowns in the Age of COVID-19 - Part 2
March 20, 2020 - IRS Extends Filing Deadline to July 15, Plus State News
March 20, 2020 - Should I Stay or Should I Close? Business Shutdowns in the Age of COVID-19
March 19, 2020 - Extended Time for Taxpayers to Pay Tax Due on April 15, 2020
March 19, 2020 - Families First Coronavirus Response Act Mandates Paid Sick and Family Leave For Many Employers
March 19, 2020 - SEC Guidance and Other Considerations for Conducting Virtual Annual Meetings in Light of Coronavirus
March 19, 2020 - COVID-19: Regulator Guidance on Privacy and Cybersecurity Issues Raised as Companies Respond to the Pandemic
March 19, 2020 - SEC and NFA Provide Special Relief and Guidance as a Result of the COVID-19 Outbreak
March 18, 2020 - The COVID-19 Pandemic: Key Issues Facing Sponsors & Their Portfolio Companies
March 18, 2020 - The FTC and DOJ Are Open for Electronic Merger Filings, Are Working Remotely, and May Request By-Agreement Extensions of Statutory Time Periods
March 18, 2020 - Willkie IP COVID-19 Update: Procedural Restrictions at the Patent Office, PTAB, and Courts with Significant Patent Dockets
March 17, 2020 - EU short selling measures in response to COVID-19
March 17, 2020 - Impact of COVID-19 on EU Merger and Antitrust Cases
March 17, 2020 - New York Department of Financial Services Issues Notices Regarding COVID-19 Preparedness Plans and Business Interruption Coverage
March 16, 2020 - Precedent in Unprecedented Times: Contractual Performance and Defenses in the Age of COVID-19