06/16/2020

Down Round Financing

Alert

Although the data for San Francisco Bay Area remains encouraging for the first quarter of 2020, given the economic instability brought by COVID-19, we might see more down rounds going forward.

06/15/2020

Matt Ferris in The Deal: COVID-19 Lawsuits Could Force Nursing Homes Into Ch. 11 Stays

Article

Partner Matt Ferris talked with The Deal about how long-term care facilities dealing with litigation for alleged COVID-19-related deaths of patients and residents may soon begin seeking bankr...

06/11/2020

Eugene Goryunov in Law360: 3 Ways the Pandemic Has Shaped Patent Litigation, So Far

Article

Haynes and Boone, LLP Partner Eugene Goryunov talked with Law360 about how three months of pandemic lockdowns and economic disruption have started making patent attorneys and litigants think ...

06/10/2020

Tom Harris in Business Insider: M&A Fine Print That Prompted Lawsuits After the Financial Crisis is Back in the Spotlight

Article

Partner Tom Harris talked with Business Insider about how buyers' remorse in the aftermath of the financial crisis led to lawsuits about when and if companies can back out of deals.

06/10/2020

The Federal Reserve Releases Additional Guidance, Terms, Conditions and Agreement Forms and Expands the Program to Allow for Broader Borrower Participation

Alert

In preparation for the imminent launch of the Main Street Lending Program, the Federal Reserve (through the Federal Reserve Bank of Boston, which is implementing the program) issued updates on May 27,...

06/08/2020

President Signs Paycheck Protection Program Flexibility Act

Alert

On June 5, 2020, President Trump signed H.R.7010, the Paycheck Protection Program Flexibility Act of 2020 (the “PPPFA”). The PPPFA modifies the Paycheck Protection Program (“PPP”) to provide additiona...

06/04/2020

Micah Skidmore in Law360: Fla. Sports Bar's COVID-19 Insurance Claim Should Proceed

Publication

Partner Micah Skidmore authored a Law360 article about why an insurer’s motion to dismiss a policyholder's claim for business interruption loss should be denied in a pending case.

06/04/2020

Patrick Hughes Talks With Bloomberg News About CEO Bankruptcy Bonus Protections, Oversight

Article

Partner Patrick Hughes talked with Bloomberg News about bankruptcy bonuses and protections for leaders of failing companies in the aftermath of the COVID-19 pandemic.

06/03/2020

Mexico: Federal Technical Guidelines Regarding Strategy for Reopening of Activities

Alert

The technical guidelines described below are a follow up to the order establishing the strategy for the reopening and return to social, educational, and economic activities published on May 14, 2020, ...

06/02/2020

Helen Conybeare Williams in Drydock Magazine: Force Majeure Resolution During the Coronavirus Pandemic

Publication

Counsel Helen Conybeare Williams authored an article in Drydock Magazine about special considerations that should be taken when ending a force majeure contract during the COVID-19 pandemic.

06/01/2020

Greg Van Houten, Mike Scanlon in Claims Journal: Viewpoint: Be Like Mike and Look to Fundamentals to Recover COVID-19 Losses

Publication

Counsel Mike Scanlon and Associate Greg Van Houten authored an opinion piece in Claims Journal about the importance of insurance policy fundamentals in pursuing coverage for COVID-19 losses.

06/01/2020

SBA Issues New Guidance on PPP Loan Forgiveness

Alert

On May 22, 2020, the Small Business Administration (“SBA”) provided additional guidance on the Paycheck Protection Program (“PPP”) through the issua...

05/29/2020

New York City Enacts Law Affecting Enforceability of Certain Commercial Lease Guaranties for COVID-Affected Businesses

Alert

On May 26, 2020, the Mayor of New York City, Bill de Blasio, signed a broad COVID-19 relief package into law, to supplement existing federal and state relief measures.

05/29/2020

Jason Habinsky in HR Magazine: When Is Fear a Protected Reason for not Coming to Work?

Article

HR Magazine quoted Haynes and Boone, LLP Partner Jason Habinsky in an article about what employers should consider when their employees are afraid to return to work amid the COVID-19 pandemic...

05/28/2020

Insurance Recovery During the COVID-19 Pandemic: Navigating Your Policy’s Microbe and Pollution Exclusions

Alert

As corporate policyholders continue to submit claims to their insurers for business interruption and related losses sustained from the COVID-19 pandemic, insurers appear to be denying such claims rout...

05/28/2020

Javier Martinez in CNBC.com: These Restrictions on Coronavirus Loans May Surprise Business Owners

Article

Haynes and Boone, LLP Partner Javier Martinez was quoted in CNBC.com about how loans made through the Economic Injury Disaster Loan (EIDL) program, which was recently expanded by lawmakers, c...

05/27/2020

Permitted? How Secured Lenders are Addressing their Borrowers’ Indebtedness Under PPP and Potential MSLP Loans

Alert

In late March, the federal government passed the Coronavirus Aid, Relief, and Economic Security Act (the “Act”), unveiling a number of lending programs and tax relief in response to the COVID-19 pande...

05/27/2020

Unique Estate Planning Opportunities Amid COVID-19 Due to Depressed Markets and Historically Low Interest Rates

Alert

The historically low interest rates recently announced by the Internal Revenue Service (“IRS”) and the depressed value of certain assets offer opportunities for estate planning techniques that can red...

05/26/2020

Mexico: SENER Releases a Policy on Reliability, Safety, Continuity and Quality for the National Electric System

Alert

On May 15, 2020, the Ministry of Energy (“SENER”) published a Policy on Reliability, Safety, Continuity, and Quality for the National Electric System (the “Policy”) in the evening edition of ...

05/22/2020

Maren Strandevold Talks to Norwegian-British Chamber of Commerce About Working Remotely During COVID-19

Article

The Norwegian-British Chamber of Commerce interviewed Haynes and Boone, LLP Associate Maren Strandevold about how everyday work-life has changed due to COVID-19 and how to maintain good routines when ...

05/21/2020

COVID-19 and OSHA: Why Employers May See More Inspection Activity and More Injuries and Illnesses Being Recorded as Work-Related

Alert

On May 19, 2020, OSHA issued two revised enforcement policies with respect to in-person workplace inspections, and an employer’s obligation to record occupational injuries and illnesses, specifically ...

05/21/2020

Jeff Wolfson in Law360: Four Things to Know About Plan to Speed COVID-19 Patent Apps

Article

Partner Jeff Wolfson talked with Law360 about considerations for a new, cost-free U.S. Patent and Trademark Office program that will prioritize the examination of COVID-19-related patent appl...

05/21/2020

Mini Kapoor in Bloomberg Law: Disinfecting May Thwart Virus but Raise Chemical Risks at Work

Article

Haynes and Boone Associate Mini Kapoor talked with Bloomberg Law about why employers need to create or revise training programs and guides to take into account the use of harsher cleaning che...

05/20/2020

State Attorneys General Are Focusing on Price Gouging Laws and You Should Too

Alert

State Attorneys General across the nation are warning consumers about price gouging during the COVID-19 pandemic and offering easy online tools to report violations.

05/19/2020

Gil Porter in Reorg News: Force Majeure Provides Questionable Relief for LNG Buyers as Covid-19 Pandemic

Article

Reorg News quoted Haynes and Boone, LLP Partner Gil Porter in an article about how buyers of liquefied natural gas (LNG) are finding it difficult to prove that their inability to meet contrac...

05/19/2020

SBA Issues New Guidance via Interim Final Rule on Foreign Affiliates; Releases Loan Forgiveness Application

Alert

On May 15 and May 18, 2020, the Small Business Administration (“SBA”) provided additional guidance on the Paycheck Protection Program (“PPP”) throug...

05/18/2020

Matthew Deffebach in HR Magazine: House Passes $3 Trillion HEROES Act to Provide More Coronavirus Relief

Article

Matthew Deffebach talked with HR Magazine about labor and employment implications of the latest government relief package for COVID-19.

05/18/2020

Three Tips for Healthcare Providers in Recovering Business Interruption Loss from the Public Health Crisis

Alert

Much of the media coverage of the COVID-19 pandemic over the last two months has focused on the loss of business sustained by restaurants, hotels and retail.

05/18/2020

Shut-In and Cessation of Production: Current Considerations for Oil & Gas Producers

Alert

With the recent significant decline in commodity prices, and physical transportation and storage curtailments, due in large part to reduced demand related to the COVID-19 pandemic, producers are evalu...

05/18/2020

Laura O’Donnell in Bloomberg Law: Virus Liability Shields May Hinge on New Agency Guidance

Article

Partner Laura O’Donnell talked with Bloomberg Law about the push for clear, enforceable agency guidelines for businesses in conjunction with legislative safeguards to protect employers agains...

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