June 2020

Latest legal updates on Coronavirus (COVID-19).

UPDATE: CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT PAYCHECK PROTECTION PROGRAM On Friday, June 5th, 2020, President Donald J. Trump signed into law the Paycheck Protection Program Flexibility Act (the “PPPFA”) (H.R. 7010). The PPPFA amends certain provisions of the Paycheck Protection Program (the “Program”), which was a key component of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Except as expressly amended by the PPPFA, the original provisions of the Program (as modified and clarified by subsequent guidance from the Treasury and the Small Business Administration (the “Administration”)) continue to apply. The Treasury and the Administration