by Alexis Clinebell | Mar 31, 2020 | GCK on Law
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”) was signed into law. One of the most impactful provisions of the CARES Act is the creation of the Paycheck Protection Program (the “Program”), a new, 100%...
by Matthew Chodosh | Mar 26, 2020 | GCK on Law
Since the first coronavirus case was announced in Illinois on January 24, 2020, Governor Pritzker and Mayor Lightfoot have taken a number of preventive measures in an effort to suppress the spread of the virus and ease the hardship on Illinois and Chicagoland...
by Alexis Clinebell | Mar 25, 2020 | GCK on Law
Gensburg Calandriello & Kanter, P.C. continues to be committed to providing you with updates on the evolving government legislation and programs enacted in response to COVID-19. Small and local businesses have been some of the hardest hit by COVID-19, bringing...
by Sandra Mertens | Mar 23, 2020 | GCK on Law
The novel coronavirus, also known as COVID-19, has kept millions of people across the country in their homes, caused thousands to be laid off, and affected virtually every aspect of our lives. Each day, the government announces new endeavors to aid those affected by...
by Sandra Mertens | Mar 12, 2020 | GCK on Law
On December 20, 2019, Congress enacted the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement Act of 2019.” P.L. 116-94, Division O. The Act aims to expand and preserve retirement systems, simplify complex rules, and make retirement...
by E. Philip Groben | Mar 5, 2020 | GCK on Law
Section 366 of the Bankruptcy Code gives debtors and debtors-in-possession protection against post-petition disconnection of services through providing utility providers with an ‘adequate assurance’ of payment. Subject to other provisions of the Bankruptcy Code,...
