On March 27, 2020, Congress passed and President Trump signed the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) a massive $2 trillion stimulus package to stabilize the U.S. economy during the coronavirus pandemic. The CARES Act is poised to provide forgivable business interruption loans & individual aid relief to many citizens and…
Businesses with less than 100 full time employees might be about to get financial relief from their insurance companies, with an assist from the State of New Jersey. On Monday, the New Jersey assembly unanimously passed A-3844, a bill that would modify existing, in-force insurance policies to cover business income losses arising from the current…
As the coronavirus situation continues to develop, it is becoming clear that many businesses will have significant income losses. Some might be shut down for an extended time. Many of those companies will look to their insurers for recovery, but the issue of insurance for these losses can be murky. If your company is dealing…
Attention New Jersey employers: you may not terminate employees for failing a drug test due to their medical marijuana use. On March 10, 2020, the New Jersey Supreme Court decided that medical marijuana patients in New Jersey are protected by the New Jersey Law Against Discrimination (NJLAD), which means if an employee is terminated…
The New York Shield Act: What Does It Mean For Your Business In an increasingly digital world, cybersecurity is more important than ever. New York is the latest state to set new business practice standards regarding the collection and protection of private consumer information. The SHIELD Act, or the “Stop Hacks and Improve Electronic Data…
Employer Obligations Increased by New Jersey’s New WARN Act On January 21, 2020, Governor Phil Murphy signed into law Senate Bill 3170 amending New Jersey’s version of the federal Worker Adjustment and Retraining Notification Act (WARN Act) that increases New Jersey employers’ obligations to provide advance notice and severance to employees when conducting mass layoffs….
