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Coronavirus Resources for NJ Businesses

New Jersey businesses and individuals are looking for guidance to weather the profound effects on our economy brought by the COVID-19 pandemic.

Below are some of the most helpful resources to explain the two important laws passed by Congress – the CARES Act and the Families First Coronavirus Response Act – as well as more specific guidance and links to free webinars in some key areas of law.

The CARES Act

The Coronavirus Aid, Relief and Economic Security Act or CARES Act provides financial support for small businesses and targeted sectors of the economy, along with direct cash payments to many Americans and enhanced resources for medical support.

For businesses in New Jersey – especially small businesses – the CARES Act may offer a lifeline to remain solvent through the pandemic. These resources were compiled by attorneys who are experienced in corporate financing and advising on Small Business Administration loans.

Resources

The FFCRA and Paid Leave Tax Credits

The Families First Coronavirus Response Act (FFCRA) mandates paid sick leave and family and medical leave, authorizes enhanced unemployment compensation, places new coverage requirements on group health plans and provides federal tax credits to help offset the costs.

Resources

Bankruptcy

Commercial Contracts

Construction

Employee Benefits & Health Plans

Labor & Employment

Litigation

Real Estate

Visit Fox Rothschild’s Coronavirus Response Resource Center, which is updated daily with links to free webinars, articles and charts with practical guidance for leaders of companies of all sizes. 

 

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