by James P. Sammon | Apr 14, 2020 | Real Estate
By Jim Sammon & Matt Viola It’s no secret that the restaurant industry has been knocked to the canvas by the COVID-19 coronavirus pandemic. In order for it to rise again, it will be necessary for both restauranteurs – and, if they differ, their landlords – to...
by Stephanie Mercado | Apr 13, 2020 | Finance, Government
By Stephanie Mercado As mandated by Congress and the CARES Act, the Federal Reserve announced $2.3 trillion in new programs, including a new Main Street Lending Program as summarized below: Main Street Lending Program The Federal Reserve will provide $600B to purchase...
by Kate Hickner | Apr 13, 2020 | Government
By Kate Hickner There Are Always Strings Attached, Aren’t There? At a White House Coronavirus Task Force press briefing last Tuesday, April 7, Centers for Medicare and Medicaid Services (CMS) Administrator Seema Verma announced that CMS was sending $30 billion to...
by Alexis Preskar | Apr 10, 2020 | Government
By Jim Sammon & Alexis Preskar A lot has changed over the past month. Here’s a recap: March 11, 2020: The WHO officially declared COVID 19 to be a pandemic March 15, 2020: Ohio Governor Mike DeWine orders all bars and restaurants to shut down in order to slow the...
by Steve Marrer | Apr 10, 2020 | Finance
By Steve Marrer Most of us can’t predict when a recession will occur, but all of us can implement ways to prepare for its impact. Winter is coming! Economists generally define a recession as a significant economic decline in Gross Domestic Product, and increased...