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Archive by tag: Cozen O'ConnorReturn

Now is the Time for Construction Impact Claims

As most states, counties, and municipalities across the country lift restrictions on businesses and travel, it is easy to think the worst is behind us, especially for the construction industry....By: Cozen O'Connor
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Cozen O'Connor | Jun 03,2020 |

Michigan Dam Collapses

On May 19, 2020, at 5:46 p.m., a dam on the Tittabawassee River in Edenville, Michigan collapsed. The resulting floodwaters devastated the cities of Edenville and Midland and damaged or destroyed hundreds of properties....By: Cozen O'Connor
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Cozen O'Connor | May 28,2020 |

Commercial Tenants Raising Impossibility of Performance and Frustration of Purpose

New York courts have applied the common law doctrines of Impossibility of Performance and Frustration of Purpose narrowly and strictly and only in limited circumstances when raised by commercial tenants who refused to pay rent in situations analogous...By: Cozen O'Connor
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Cozen O'Connor | May 06,2020 |

New York’s Phased Plan to Reopen begins with Construction Industry

On April 26, 2020, Governor Cuomo broadly described New York’s plan to reopen the state beginning on May 15. Like many other states, New York plans to reopen in phases and by region as certain benchmarks are satisfied. Construction is included in the...By: Cozen O'Connor
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Cozen O'Connor | May 04,2020 |

Construction Resumes on Pennsylvania in May 1

On April 22, Governor Wolf unveiled a plan to gradually reopen Pennsylvania’s economy after almost a month of shuttering all businesses that were not deemed “life-sustaining” to mitigate COVID-19’s spread....By: Cozen O'Connor
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Cozen O'Connor | Apr 30,2020 |

Washington State Reopens Some Construction, with Restrictions

On April 24, 2020, Washington Governor, Jay Inslee, signed an addendum to Proclamation 20-25 that allows a limited restart to construction projects in the state. Developed by the governor’s Construction Working Group, the Phase I Construction Restart...By: Cozen O'Connor
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Cozen O'Connor | Apr 29,2020 |

New York Extends COVID-19 Restrictions on Utility Activities

On April 16, 2020, New York Governor Andrew M. Cuomo announced an extension through May 15, 2020, of the executive order New York State on PAUSE, as the state grapples with more than 250,000 cases of coronavirus....By: Cozen O'Connor
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Cozen O'Connor | Apr 25,2020 |

Tax Issues to Consider in Buying or Holding Distressed Debt

In times of economic tumult, many an entrepreneur’s fancy turns to thoughts of acquiring, and profiting from, distressed debt. That is, acquiring debt of highly leveraged companies that are no longer able to service their indebtedness so that the...By: Cozen O'Connor
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Cozen O'Connor | Apr 24,2020 |

What OSHA’s New Guidance Means for the Construction Industry

During the rise of the COVID-19 pandemic in the United States, OSHA provided standards for recording workplace exposures to COVID-19. These standards broadly require employers to record COVID-19 illnesses of its employees if three conditions are met:...By: Cozen O'Connor
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Cozen O'Connor | Apr 20,2020 |

States Require Strict Compliance with CDC Guidance for Continued Construction Operations

While many states, counties, and municipalities have encouraged and recommended compliance with CDC guidelines for preventing the spread of COVID-19, more and more states are making compliance with such guidelines an explicit requirement to...By: Cozen O'Connor
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Cozen O'Connor | Apr 20,2020 |
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