Making headlines.

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Andrew K. Glenn Quoted in American Banker Article: “Banks Tolerate Credit-Line Draws in Coronavirus Crisis — For Now”

Kasowitz Benson Torres partner Andrew K. Glenn is quoted in the American Banker article, “Banks Tolerate Credit-Line Draws in Coronavirus Crisis — For Now,” discussing the possibility that, in the wake of the COVID-19 pandemic, banks might utilize material adverse effect clauses to refuse drawdowns by borrowers on loan commitments.

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COVID-19 Pandemic Layoffs: Federal and State WARN Act Requirements and Their Unforeseeable Business Circumstances Exceptions

Employers across the country are increasingly contemplating temporary or permanent workforce reductions to help them withstand the economic impact of the coronavirus/COVID-19 pandemic.

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Kasowitz Wins Appeal on Behalf of Cannabis Company San Felasco Nurseries

Kasowitz Benson Torres has won an important appeal on behalf of San Felasco Nurseries, a licensed medical marijuana company in Florida, which is now part of Harvest Health and Recreation, a leading international cannabis cultivation, dispensary, and production company.

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Hollywood Reporter Names John V. Berlinski a 2020 Power Lawyer

Kasowitz Benson Torres partner John V. Berlinski has been recognized as one of Hollywood’s top attorneys by The Hollywood Reporter on its “Power Lawyers 2020: Hollywood’s Top 100 Attorneys” list.

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The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Loan Provisions

In further response to the COVID-19 pandemic, Congress passed the CARES Act and the President signed the bill into law on Friday, March 27, 2020.  This legislation builds upon the COVID-19 Phase 1 and Phase 2 response bills, which went into effect in early March.

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Uri A. Itkin Quoted in Asset-Backed Alert: “Court Solution Seen for Libor Issue”

Kasowitz Benson Torres partner Uri A. Itkin was quoted in Asset-Backed Alert’s article, “Court Solution Seen for Libor Issue.”

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Mark W. Lerner and Jessica Taub Rosenberg Quoted in Bloomberg Law Article: “Medical OK to Return to Work Now Common, Backed by EEOC”

Kasowitz Benson Torres partners Mark W. Lerner, head of the firm’s Employment Practices and Litigation Group, and Jessica Taub Rosenberg are quoted in the Bloomberg Law article, “Medical OK to Return to Work Now Common, Backed by EEOC.”

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Urgent for Employers: New COVID-19-Related Leave Requirements under Federal and New York Law

As the coronavirus/COVID-19 pandemic continues to impact more and more Americans, federal, state, and local governments have moved quickly to propose, and in some cases have already enacted, legislation requiring employers to provide various forms of paid and unpaid leave for affected employees.