If you have already received a PPP loan, the PPP Flexibility Act will not allow you to apply for or receive a second loan. With respect to loans applied for after enactment of the PPP Flexibility Act, although the covered period has been extended to 24 weeks, there has been no change to the maximum loan amount that can be borrowed under the PPP - it remains 2.5 times a borrower's one-month average payroll cost, as determined under the existing PPP application.

We would like to extend our sincerest appreciation to anyone who attended yesterday's webinar, Back to Business: Navigating the New Normal with Felicia Ennis, Chair of our Employment Law practice, and Frederick Cummings, Jr., Chair of our Corporate Law practice and our Managing Partner. We hope that you found the webinar informative and that it provided a jumping-off point for your own reopening plan. If you should have any questions, please do not hesitate to reach out to us.  

View a replay of the webinar.  

Managing Partner Fred Cummings spoke with American Lawyer about how law firms are preparing for the anticipated process and procedure changes to immigration law under the Biden administration.

Partner Pankaj Malik and associate Melissa J. Montenes dive into a case raising novel issues that will impact New York foreclosure law. While the case is currently pending before Appellate Division, 2nd Department, once closed, it is expected to provide useful guidance in foreclosure cases and other matters where CPLR §205(a) is at issue.

Kimberly C. Lau, partner and head of the firm’s Title IX/College Discipline practice with the assistance of counsel, James Figliozzi, won a Motion to Dismiss and recently achieved a successful settlement for her client in a high-profile Title IX case with Columbia University.

David H. Jacobson has joined the firm as Partner in the Immigration and Nationality Practice Group, expanding on the firm’s immigration law capabilities.

Lisa Liu discusses her career in real estate law, her involvement in the Asian Real Estate Association of America, and her advice for law students and young lawyers in this episode of Fordham University's Business and Law series. 

On January 28, 2021, Matrimonial and Family Law partner Eric Wrubel will be a speaker at the New York State Bar Association’s Family Law Section's Annual Meeting.