The COVID-19 pandemic has shuttered businesses and disrupted lives across the entire country. As federal and state governments start to plan to get people back to work and reopen businesses, how should employers be preparing for the ‘new normal?’
In a webinar held on Thursday, May 28, Rooney Nimmo founding partner, Allan Rooney, employment counsel Dan Braverman, and senior associate Elannie Damianos discussed a number of issues associated with the easing of restrictions and the implications on businesses preparing to reopen. The points they covered included:
- Best practices for opening non-essential businesses – from managing employees to health and safety, layoffs and furloughs, and liability from employee illness
- Paycheck Protection Program – criteria for loan forgiveness, best practices, latest guidance, tax implications, and more
- What comes next – leases, salary reductions, bankruptcy issues, unpaid business debt, escaping contractual commitments operating at less than normal capacity, and what happens if there is a second wave.
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