News & Insights

In an attempt to mitigate the unfolding COVID-19 public health emergency, state and local governments have started issuing “lockdown” or “stay-at-home” orders. Generally, the state lockdown orders have directed that all businesses utilize telecommuting or work-from-home procedures to the maximum extent practicable. Where telework is impractical, some states are only permitting essential businesses to remain open. Companies with operations in…

OFP Covid-19 Articles  OFP’s COVID Response Team is ready to assist clients, businesses and individuals as the world adjusts to the disruptive effects of the COVID-19 pandemic. Our attorneys are prepared to help you find creative solutions that help you weather these unprecedented times. Response Team Lead Attorney: Bruce Blanchard Direct Dial:   Employment issues (Examples: temporary salary reductions, furloughs…

As the coronavirus shifts the way the world works, businesses should take this break in normal operating procedure to re-evaluate their finances. If your business is struggling, OFP recommends the following financial triage: Save as much cash as possible. There are many more options both prior to and after declaring bankruptcy when there is cash on hand and the business…

Businesses and individuals now will have until July 15 to file and pay their taxes. This means that you have an additional three months to plan and prepare your returns without having to incur penalties or interest on up to $1 million in tax owed. Businesses will have the same time period to pay amounts due on up to $10…

By now, you’ve undoubtedly received several communications regarding the various safety precautions and proactive measures being employed by organizations across myriad industries in light of the COVID-19 outbreak. We at Odin Feldman Pittleman also are working diligently to ensure that our attorneys, staff, and clients remain healthy. Our building management has taken additional steps to ensure the cleanliness of common…