Understanding Immunity and PPP Update
November 20, 2020
By: Jennifer M. Schwartzott Kate Chmielowiec
As a bonus to Bond’s Nov. 17 webinar about the evolving legal implications of COVID-19 for business, Bond litigation attorney Jennifer Schwartzott and business attorney Kate Chmielowiec each recorded a short video to answer some frequently asked questions.
In her video, Jen explains the concept of immunity as it relates to COVID-19. Immunity, she explains, is a protection or exemption for an entity that enables it to provide a service without being held legally liable for damages. For example, hospital and medical providers who treat COVID-19 patients have immunity that legally protects them if the treatment they provide leads to an adverse outcome. A task force that Jen is part of is now studying the value of extending similar immunity to other entities, such as businesses, municipalities and schools.
Kate, meanwhile, provides an update on the Small Business Administration’s Paycheck Protection Program (PPP), specifically loan forgiveness application forms and the loan necessity questionnaires that borrowers are now seeing from lenders.
The full presentation covered the following topics:
- PPP Update – Where are We?
- COVID Litigation Update - Statues of Limitations, Jury Trial, Legal Theories and the Courts
- Update from Albany
- School Issues – What is the Latest?
- Working Remotely from Outside New York – Tax and Registration Considerations
Click here to view the webinar in its entirety or to register for upcoming Tuesday presentations.