Tag Archives: Davis & Gilbert

ILN Today Post

FTC Provides Guidance for Ed Tech Providers and Schools on Protecting Children’s Privacy while Remote Learning

With many children’s schools having transitioned to online education, questions have arisen regarding the collection of children’s personal information by the online educational platforms that support remote learning.

In response to these questions, the Federal Trade Commission (FTC) recently provided guidance on how the Children’s Online Privacy Protection Act (COPPA) applies to educational technology (ed tech) providers and schools when engaging in virtual online learning. Read more…

Read full article
ILN Today Post

On Our Watch: ESG in the Time of COVID-19

Here’s something you don’t see much of these days, a market doing well and with the potential for real “green” shoots. With an emphasis on social responsibility and community support, ESG investing is a bright spot. Still, there are also reasons to be cautious, especially if social issues dominate over environmental ones. There are good reasons to keep investing in both. Read more…

Read full article
ILN Today Post

Key Considerations for Retailers in the Face of COVID-19

Retailers are facing unprecedented challenges in the face of the COVID-19 pandemic. While some companies, such as wholesalers of essential household items and groceries, are experiencing a surge in demand, others, especially those that rely on a brick-and-mortar presence, are suffering. Recent reports show that retail sales had plummeted in March 2020 to a degree never before seen. All retailers are forced to confront the “new normal,” in particular taking steps to attempt to shift all, or substantially all, of their business online. Read more…

Read full article
ILN Today Post

US DOL Releases Regulations Clarifying Employer FFCRA Obligations

The Department of Labor (DOL) officially published rules and regulations on April 6,
2020 that provide further guidance on the paid leave requirements of the Families
First Coronavirus Response Act (the FFCRA).

To recap, the FFCRA expands the federal Family and Medical Leave Act (FMLA) by
allowing eligible employees to take up to 12 weeks of paid public health emergency
leave (EFMLA Leave) and up to 2 weeks of emergency paid sick leave (EPSL).  Read more…

Read full article
ILN Today Post

On Our Watch: Marketplace Lending in the Age of COVID-19

Marketplace lending took root in the shadow of the last financial crisis. Now, the question for consumers, businesses and marketplace lenders (MPLs) alike, is whether the conditions are right for it to thrive in the wake of the coronavirus and what may be the “deepest recession on record.”

No doubt, cash-strapped consumers and small businesses will want to turn to nonbank lenders, such as MPLs and other fintech companies, for funding. MPLs may even be able to provide those loans through the recently announced Paycheck Protection Program (PPP) of the “Coronavirus Aid, Relief and Economic Security Act” (CARES Act). But there are hurdles this time around in what is currently an economic, rather than financial, crisis. Investors already seem to recognize this, as publicly traded MPLs continue to trade at or near all-time lows. Read more…

Read full article
ILN Today Post

Main Street Business Lending Program Updates

On April 9, 2020, the Federal Reserve announced new and expanded programs and
facilities including the Main Street Lending Program, which will support direct lending
to certain small and mid-sized businesses and will utilize funding from the Coronavirus
Aid, Relief and Economic Security Act (or the CARES Act). (See our previous
memorandum on the CARES Act’s $454 billion appropriation in funding for Federal
Reserve emergency lending programs here.) Read more…

Read full article
ILN Today Post

FAQ – Top 10 Benefits and Compensation Questions in Light of the Novel Coronavirus

The COVID-19 outbreak has raised a number of concerns for companies regarding
their benefit plans. Congress has provided guidance on some key issues, but for
others companies must interpret existing guidance under unprecedented conditions
to determine the appropriate steps they should take. Read more…

Read full article
ILN Today Post

How Subprime RMBS Can Prepare Us for Subprime Auto Litigation in the Time of COVID-19

“Madness . . . is like gravity, all it takes is a little push.”
– The Joker, The Dark Knight, 2008

As our readers know, as far back as 2017, we sounded the alarm on the parallels between pre-crisis residential-mortgage backed securities (RMBS) and today’s subprime auto ABS. Read more…

Read full article
ILN Today Post

Main Street Business Lending Program Updates

On April 9, 2020, the Federal Reserve announced new and expanded programs and facilities including the Main Street Lending Program, which will support direct lending to certain small and mid-sized businesses and will utilize funding from the Coronavirus Aid, Relief and Economic Security Act (or the CARES Act). (See our previous memorandum on the CARES Act’s $454 billion appropriation in funding for Federal Reserve emergency lending programs here.)

As of the publication date of these FAQS, the Federal Reserve has provided only high-level term sheets that detail the requirements of the Main Street Lending Program, and these programs are subject to additional review and comment. Therefore, there may be additional updates on the qualifications and criteria applicable to these programs.

Click here to read the FAQ   >>

Read full article
ILN Today Post

FAQ – Expense Reimbursements for Work-from-Home Arrangements during COVID-19

The coronavirus (COVID-19) outbreak has presented a myriad of business, legal and
operational issues across all industries. Nowhere is that more visible than employers
transitioning — what seems like overnight —their employees to working from home.
Among the technology and privacy issues that need to be addressed, employers also
need to be mindful of the labor & employment considerations as well. Read more…

Read full article