On July 21, 2020, Governor Charlie Baker extended the current moratorium on evictions and foreclosures during the COVID-19 pandemic for an additional sixty (60) days, until October 17, 2020. That moratorium was set in “An Act Providing for a Moratorium on Evictions and Foreclosures During the COVID-19 Emergency” (the Act), signed into law on April 20, 2020, and was due to expire August 18, 2020. The Act provided the Governor with the authority to postpone the expiration date in increments up to 90 days.
Judgment: Ramanand & Ors. Vs. Dr. Girish Soni & Anr. [CM APPL. 10847/2020]
Forum: Hon’ble High Court of Delhi (“DHC”)
Judgment delivered on: May 21, 2020
Act/Law: Indian Contract Act, 1872 (“ICA”) and Transfer of Property Act, 1882 (“TPA”)
CANADA EMERGENCY COMMERCIAL RENT ASSISTANCE UPDATE: RELIEF IS ALMOST HERE, BUT WILL EVERYONE PLAY BALL?
On May 1, 2020, the Canada Mortgage and Housing Corporation (“CMHC“) provided its update on the Canada Emergency Commercial Rent Assistance program (“CECRA“) as the body charged with CECRA’s implementation and administration1. On May 14, 2020, additional details were provided by CMHC on eligibility for the program and on the application process2. On May 19, 2020, CMHC provided guidance on how the application process will proceed, and provided sample documents for commercial property owners to review in advance of the application portal opening in mid-May 20203. Further, CMHC has included reasons compelling landlords to apply for the program (as it has not been generally well-received by landlords) including, but not limited to, the lack of rental income for a landlord if a tenant cannot afford to pay its rent (i.e., 75% of rent is better than nothing) and the costs of finding new tenants.
Prime Minister Shri Narendra Modi announced Rs 20 lakh crore fiscal stimulus equivalent to 10 per cent of India’s GDP to deal with COVID-19 situation in the country, the Union Finance Minister Nirmala Sitharaman announced the following changes in the various other sectors to promote the motto of Self Reliant India and boost the economic status of the Country.
By Nicolas Melillo, from our Insurance Law Practice Group
May 18, 2020 — Following the state of health emergency decreed by government, and in accordance with the health measures that have been progressively imposed, condominiums have adopted measures alongside the government’s instructions.
On May 12, 2020, the provincial legislature approved (temporary) amendments to the Condominium Act, 1998 (the “Act“) as part of Bill 190, the “COVID-19 Response and Reforms to Modernize Ontario Act, 2020“. Read the full article.
In a decision with implications for condominium collections in Massachusetts, the U.S. District Court in Massachusetts on May 6, 2020 issued an order prohibiting the State Attorney General from enforcing parts of the March 27 emergency regulations restricting consumer debt collections during the COVID-19 state of emergency. As discussed in our April 7, 2020 client alert, those regulations banned debt collectors from calling debtors and initiating “collection lawsuits.”
Government suspends evictions and launches, and freezes rental fees in face of the current state of emergency.
Executive Order No. 145 of 1st May, 2020 suspends evictions and launches, and freezes rental fees during the state of emergency.
You may access the decree here
Amid COVID-19 Pandemic, Massachusetts Halts Evictions & Forelosures, While Allowing Remote Notarizations
Within the last ten days, Governor Charlie Baker has signed into law two new acts intended to address the significant economic and legal disruptions caused by the novel coronavirus pandemic and the Commonwealth’s state of emergency response.
The first, An Act Providing for a Moratorium on Evictions and Foreclosures During the COVID-19 Emergency, does just what its title states.
The second, An Act Providing for Virtual Notarization to Address Challenges Related to COVID-19, is more limited and is intended to promote, rather than restrict, legal action.
This alert outlines key provisions of and guidance for complying with these new laws. Read more…
April 28, 2020 — On April 16th, Prime Minister Trudeau announced a new measure to support small businesses struggling to pay their monthly rent. The Canada Emergency Commercial Rent Assistance (CECRA) program will be a partnership between the Federal and Provincial Governments to offer forgivable loans to commercial property owners, who can then pass these resources onto their small business tenants for the months of April (retroactively), May, and June.