News

The COVID-19 pandemic has caused unprecedented disruption in commercial real estate, with severe impacts on owners and lenders alike. Far more immediate and deeper than the 2008 recession, the shutdown of large sections of the economy has triggered a surge of requests for deferrals, modifications and forbearance. The collateralized mortgage-backed securities (“CMBS”) market is signaling....

Policyholders have encountered broad and nearly universal denials from insurance carriers for claims seeking coverage for business interruption losses arising out of the COVID-19 situation and related shelter-in-place orders. Previously, Olshan noted that certain state legislatures were considering bills that would require insurers to cover such losses, at least for certain types of businesses. The....

USA – State and Local COVID-19 Orders Harris Wiltshire & Grannis, Washington DC, USA, has assembled a detailed breakdown of US State Orders on Covid-19 restrictions. You can now view them here through this link: https://www.hwglaw.com/covid-19-resource-center/state-and-local-covid-19-orders/. You are welcome to email any questions about this directly to Pat O’Donnell, Partner, HWG, podonnell@hwglaw.com Harris, Wiltshire &....

USA (South Carolina) Nexsen Pruet, David Garrett dgarrett@nexsenpruet.com 

Does your business need help navigating the Coronavirus? Nexsen Pruet has the legal and communications experience to guide you accordingly. Please check back frequently as we will update this page with the latest information and insights. COVID-19 Response Team Leader, David E. Dubberly Banking & Financial Services COVID-19 Response Team Members, Brooks F. Bossong; Keith Burns Need a Loan Modification? ASK! –....