March 26th, 2020
IRS Provides Further Relief to Delinquent Taxpayers During COVID-19 Crisis – People First Initiative
UPDATE: In light of continued economic hardship facing Americans, the IRS has extended its People’s First Initiative, effectively granting continued tax collection relief beyond the previously identified July 15th deadline. Effective March 25, 2020, the IRS…
March 25th, 2020
The Doctrine of Impossibility/Frustration of Purpose
While a force majeure clause in a contract likely does not excuse the obligation to pay rent or other monetary obligations under a contract, parties to contracts are currently looking for other possible defenses to…
March 19th, 2020
The Impact of Planning and Forgotten Contract Clauses – Understanding “Force Majeure” aka “the Act of God” clauses in the new COVID-19 World
COVID-19 has caused many to review their contracts and look at what to do in a the new COVID-19 world. “Force majeure” aka “Act of God” clauses are provisions that explain to parties what happens…
March 18th, 2020
COVID-19: Ways We Are Working With You And For You At Stein Sperling
We at Stein Sperling recognize the impact that COVID-19 is having on communities, businesses and individuals nationwide. We are particularly aware of the impact it is having on our community. As we have prepared for this…