[Webinar] Business Interruption Coverage for Coronavirus Losses

By Chris Mosley The Coronavirus has caused many businesses to shut down, either voluntarily or by state and local governments mandates. These closures have resulted in a substantial downturn in business income and revenue. Many companies are now looking to their business interruption and contingent business interruption coverages to cover some of the losses. In […]

What You Should Know About How COVID-19 Is Affecting Courts In Arizona

By Matt Hesketh and Sean Moore FEDERAL DISTRICT COURTS IN ARIZONA General Order 20-20, General Order 20-17, and General Order 20-15: All jury trials scheduled to commence before June 1 are postponed until further notice. Grand jury proceedings are suspended through June 1, and trial deadlines in criminal cases scheduled to begin before June 1are […]

What You Should Know About How COVID-19 Is Impacting Arizona

By Matt Hesketh, Sean Moore, and Jonathan Loe OUTSIDE RESOURCES Here is a list of Arizona’s responses to COVID-19. The governor’s website has a list of News Releases and Executive Orders related to COVID-19. Access the latest updates from the Arizona Department of Health Services here. Access Arizona Together’s COVID-19 webpage here, with information and resources for businesses and individuals. Access […]

Paid Sick Leave

By Elizabeth Chilcoat, Brooke Colaizzi, and Bill Wright On March 18, 2020, the president signed into law the Families First Coronavirus Response Act. In addition to provisions addressing accessibility of testing for COVID-19 and workplace safety, the law imposed new requirements for paid sick leave and for paid family leave under the Family and Medical Leave Act […]

SEC and MSRB Representatives Provide Commentary Regarding Continuing Disclosure in Light of COVID-19

By Harsha Sekar, Parker Schenken, and Peter Whitmore On March 19, 2020, the Municipal Securities Rulemaking Board (MSRB) and the Securities and Exchange Commission’s (SEC) Office of Municipal Securities hosted a webinar titled “Understanding How Continuing Disclosures Appear on the EMMA® Website.” Portions of the webinar addressed questions regarding the continuing disclosure obligations of issuers, underwriters, […]

Colorado Small Businesses Can Apply for Disaster Assistance Loans from the SBA

By Alex Mancero, Christopher Harrington, and Ryan Christ The United States Small Business Administration (the SBA) declared the State of Colorado eligible for disaster loan assistance. Economic Injury Disaster Loans (EIDLs) up to $2,000,000 will be working capital loans to help small businesses and private, nonprofit organizations meet their ordinary and necessary financial obligations such as […]

COMPS Order Now Effective, Along With Some Unexpected Changes and Enforcement Measures

By Brooke Colaizzi and Carissa Davis The Colorado Overtime and Minimum Pay Standards Order #36 (“COMPS Order”) is now effective, but with some last-minute changes and a temporarily modified enforcement scheme. This Order replaces Colorado Minimum Wage Order #35 and institutes significant changes concerning coverage, overtime compensation, and other important wage and hour issues. As […]

Closing Real Estate Transactions Remotely During COVID-19

By Cyndi Stovall As the COVID-19 pandemic impacts the ability of parties to get together to execute and acknowledge documents, and potentially closes the clerks’ and recorders’ offices where conveyance documents need to be recorded, parties may be looking for options to close transactions remotely. Electronic Execution of Documents. Colorado has adopted the Uniform Electronic […]

Retirement Plans and COVID-19 Considerations

By Kathleen Odle, Kirsten Stewart, and George Tsai This past period of time has brought much uncertainty to the world as well as to employers with retirement plans that have been impacted by COVID-19. This advisory provides insights and guidance to consider for employer-sponsored retirement plans during this uncertain time. Breaking News: On March 18, the […]

The SEC and MSRB Release Guidance Regarding COVID-19

By Harsha Sekar and Parker Schenken On Monday, March 16, the Securities and Exchange Commission issued a “Coronavirus (COVID-19) Response,” a statement intended to summarize current and prospective operational initiatives, market-focused actions, guidance, certain targeted assistance and relief, investor protection efforts, and other work of the agency in response to the effects of COVID-19. The statement […]