COVID-19

The ongoing public health emergency created by COVID-19 is having a significant impact on our clients and their customers.  The challenges created by the pandemic are growing in number and evolving day by day.  Severson & Werson is helping clients identify, understand, and manage COVID-19-related legal risks and trends.  Across different practice areas – banking, business litigation, construction, creditor’s rights and bankruptcy, labor and employment, financial services, insurance, professional liability defense, and real estate – the Firm’s attorneys rely on their deep knowledge of clients’ businesses and industries to help track and make sense of the significant and often urgent legal issues that arise from this crisis.  Severson & Werson is here to help.  Please check back frequently as we update this page with new articles, bulletins, and other resources and content.

CARES Act E-Alerts

Severson & Werson has prepared the following bulletins and summaries to assist clients in responding to various legal issues arising from the pandemic:

Construction Law In this (or any other) time of social and/or business disruption, delays, or shutdowns, focus frequently goes to the scheduling clauses contained in design and construction professional service agreements. One common phrase frequently used in such agreements is “time is of the essence.” In ordinary times, the phrase garners little attention. In times of disruption, delay, and shutdown,… Read More

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Government Guidance

In addition to the case summaries identified below, multiple government agencies are continuing to release new information and guidance about the CARES Act which may be particularly helpful to those working in the financial services industry.  The latest information regarding the CARES Act can be found directly from the following government agencies.

  1. Federal Deposit Insurance Corporation Coronavirus Webpage for Bankers and Consumers: https://www.fdic.gov/coronavirus/
  2. Treasury Department Guidance Regarding the CARES Act: https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses
  3. Small Business Association Coronavirus Guidance and Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
  4. Consumer Financial Protection Bureau Unified Coronavirus Housing Webpage: https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/
  5. White House, Centers for Disease Control, and Federal Emergency Management Agency Coronavirus Webpage: https://www.coronavirus.gov/

CARES Act Litigation Tracker

On April 19, 2020, Plaintiffs BSJA, Inc. and Alexhd, LLC, filed a class action lawsuit against a national lender in the United States District Court, Central District of California (case number 2:20-cv-03588-ODW-JC). Plaintiffs are represented by the Stalwart Law Group. Plaintiffs allege that the defendant-lender reshuffled PPP applications and failed to make loans on a “first come, first served basis”… Read More

On April 20, 2020, Outlet Tile Center filed a class action lawsuit in the United States District Court, Central District of California (case number 2:20-cv- 03603) against a national lender and the Small Business Administration (named as the United States of America). Plaintiff was represented by Tauler Smith LLP. The complaint was dismissed on April 28, 2020. The named plaintiff… Read More

Brunner Accounting Group filed a class action lawsuit in the United States District Court, Central District of California, on May 8, 2020 (case number 2:20-cv-04235) against a number of defendant-lenders. Plaintiffs are represented by Graylaw Group, Inc., and Dhillon Law Group Inc. The named plaintiff is a sole proprietorship that allegedly provides tax and accounting services in Glendale, California. Plaintiff… Read More

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