An appeals court on Thursday reversed part of a judgment in favor of the Cleveland Botanical Garden in a years-long legal dispute over the deed that gave Wade Park to the city of Cleveland. The Wade descendants are pleased with the appeals court’s ruling and plan to keep pursuing the matter in court, said Matthew …Read More
Dear Client: You’ve probably heard that IRS will be making millions of ”economic impact payments” (also called ”recovery rebates”) in the coming months to help people stay afloat during this time of economic uncertainty related to the COVID-19 crisis. Here’s what you need to know about this program. Amount of payment. IRS will soon begin …Read More
By: Theresa L. Nelson The Department of Labor published regulations governing the Families First Coronavirus Response Act on April 1, 2020. While containing extensive explanations of terms and provisions throughout the entire FFCRA, one section is particularly noteworthy for small businesses. The language of the FFCRA provided that small private employers with fewer than 50 …Read More
The Families First Coronavirus Response Act (FFCRA), which includes the Emergency Paid Sick Leave Act and the Emergency Family and Medical Leave Expansion Act, paid leave provisions are effective on April 1, 2020 and apply to leave taken between April 1, 2020 and December 31, 2020. The Wage and Hour Division (WHD) of the Department of Labor issued detailed guidance and the required notice for employers to post.
On March 23, we wrote about potential insurance claims arising from COVID-19 shutdowns and disruptions that businesses could assert under the business interruption coverage in their property damage insurance. Since then, bills have been filed in several state legislatures – including Ohio – that seek to ensure that this coverage exists.
By: William K. Flynn State and local governments are taking aggressive actions to contain the spread of the COVID-19 virus, including official and unofficial quarantines, “social distancing,” stay at home requirements, and cancellation of public events. I wrote the other day addressing the potential implications of a pandemic relative to negotiated force majeure provisions commonly …Read More
On March 25, 2020, the General Assembly amended the Ohio Open Meetings Act in response to the COVID-19 outbreak (HB 197). This article details those temporary amendments.
To all clients and friends of Strauss Troy:
We hope that you remain well during these challenging times. Like you, we at Strauss Troy have been busy preparing and planning for all aspects of this unprecedented event.
Most businesses have business interruption insurance that is one of the coverages provided in property damage policies. Business interruption coverage may or may not provide reimbursement for some of the losses sustained by businesses as a result of the coronavirus shutdown. This will depend on the exact language of the policy and the exact circumstances causing the business interruption.
The due date for filing federal income tax returns and making federal income tax payments due April 15, 2020 has been automatically postponed to July 15 2020.