News & Analysis as of

Moratorium Forbearance Agreements Rent

Rosenberg Martin Greenberg LLP

Maryland Appellate Court Addresses Obligation of Tenant Shut Down By COVID Order To Pay Rent

Nearly four years after the depths of the COVID-19 pandemic, issues concerning the legal consequences of executive and legislative orders shutting down business operations are still working their way through appellate courts...more

Freiberger Haber LLP

The First Department Dismisses COVID-19 Based Frustration of Purpose and Impossibility Related Defenses In Rent Arrears Action

Freiberger Haber LLP on

Among the problems resulting from COVID-19, is the pandemic’s effect on business. Numerous businesses were forced to close due to lock downs and supply chain issues. The economic slowdowns and business closures caused by...more

Nelson Mullins Riley & Scarborough LLP

Biden Administration Announces Extension of Foreclosure Moratoriums and Forbearance Options

In the wake of the early months of COVID-19, the Federal Housing Finance Agency (FHFA) and the U.S. Department of Housing and Urban Development (HUD) instituted a foreclosure and eviction moratorium on Fannie Mae and Freddie...more

Perkins Coie

San Francisco Board of Supervisors Enacts a New Commercial Eviction Moratorium Ordinance

Perkins Coie on

On December 1, 2020, the San Francisco Board of Supervisors unanimously approved a commercial eviction moratorium ordinance (the Board Ordinance). The Board Ordinance will become effective 30 days after the mayor signs the...more

Holland & Knight LLP

California Legislative Roundup 2020: Financial Services

Holland & Knight LLP on

Notwithstanding a pandemic-induced winnowing of legislative priorities this year, California has passed a handful of new bills to regulate discrete areas of the financial services industry, including student loan servicing,...more

Jackson Walker

Federal Eviction Moratorium Broadened and Extended Through the End of 2020

Jackson Walker on

On Tuesday, September 1, the Trump administration announced an order, put forward by the Centers for Disease Control and Prevention, that claims to suspend residential evictions through the end of the year for many tenants...more

Jackson Walker

Status of Federal, State, and Local Moratoriums on Evictions in Response to COVID-19 Pandemic

Jackson Walker on

The Texas Supreme Court has extended the moratorium on residential eviction procedures for CARES Act applicable residences until September 30, 2020, offering a few more weeks of relief to certain renters as the economic...more

Pullman & Comley, LLC

Landlords and Tenants Under Stress: Negotiated Resolutions May Offer Relief

Pullman & Comley, LLC on

As we are all aware, the effects of the COVID-19 Virus have shuttered businesses resulting in widespread requests for rent relief from landlords that need an uninterrupted rent stream for debt service and property expenses,...more

Morrison & Foerster LLP

Patchwork Of Coronavirus (COVID-19) Mortgage And Rent Forbearance Efforts Creates Challenges For Mortgage Lenders And Servicers

As consumers and businesses face ever-worsening financial conditions in the wake of the COVID-19 pandemic, federal agencies and some states and localities have stepped in to provide foreclosure and eviction relief. Not...more

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