Updated 04/27/2020/2020

In order to keep you as up to date as possible, Black & LoBello wanted to give you all the latest Nevada updates regarding the state’s response to COVID-19.

Business Interruption Insurance Claims

To mitigate the effect of your business slowdown, we encourage you to examine your insurance coverage and explore the possibility of filing business interruption claims (such as claims resulting from lost sales or interrupted supply agreements).  Business interruption insurance generally helps protect against lost income resulting from a covered event. This coverage is usually reflected in a separate section of, or in an endorsement to, your policy. However, the availability of coverage differs by insurance carrier and policy and must be scrutinized closely. To the extent coverage is available to protect against Coronavirus losses, the designation of a national emergency, implementation of travel bans, and governmental shutdown orders may trigger the application of this coverage.

Black & LoBello’s attorneys are working overtime to mitigate the effects of the Coronavirus on businesses in our surrounding community. As part of our efforts, our attorneys will review insurance policies of Nevada-based businesses to assess their individualized business interruption coverage for Coronavirus and help you fight for your claim at discounted hourly rates.

SBA – Economic Injury Disaster Loan Program

SBA Disaster Loan Assistance is now available in many states, including Nevada, as part of the government’s efforts to minimize the economic disruption to our nation’s millions of small businesses. For more information on your eligibility and the relaxed criteria, click here. Apply for a disaster loan on the SBA website.

Find a PPP Lender if your bank isn’t participating.

 

Clark County 

Business Resources: Clark County has provided an extensive resource for the public to access the status of various departments. Please visit their COVID-19 update page for more information.

Election InformationCLARK COUNTY JUNE 9, 2020 PRIMARY ELECTION BY MAIL ONLY

 

Nevada Health Insurance for Nevadans without Insurance

A limited-time exceptional circumstance special enrollment period has been opened for Nevadans without health coverage.  The SEP will run from March 17 through April 15. For current updated information and enrollment options, go to Nevada Health Link.

 

Nevada Department of Health and Human Services (DHHS) website to access to federal and Nevada-specific guidance and resources

To keep Nevadans informed, the Nevada DHHS and the Governor’s Office created a website to better share information and resources as it pertains to the current status of the Coronavirus (COVID-19). Keep updated by checking out their website Nevada DHHS.

 

State and Local Courts

Each court has released specific protocols associated with the new CDC requirements. A comprehensive list can be located here. If you have any specific questions about your case, please reach out to your attorney directly.

 

IRS 

Deadlines

The IRS deadline to file and pay taxes was extended by 90 days due to COVID-I9. Treasury, IRS extended filing deadline and federal tax payments regardless of amount.

For those who can’t file by the deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six (6) month extension to file their return. For further information, view the IRS Statement on the extension here (https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020). If you have any other questions, visit the IRS Corona Tax Relief web page (https://www.irs.gov/coronavirus).
COVID-19 Related Tax Credits

The Families First Coronavirus Response Act (the “FFCRA”), signed by President Trump on March 18, 2020, provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages to their employees for leave related to COVID-19. Click here for more detailed information.

Delay or Failure to Make Rent and Other Payments

If your business will be unable to pay rent payments, loan payments, or meet any of your performance obligations under your agreements, including supply agreements, due to the implications of the Coronavirus, please contact one of our attorneys to review the terms of your agreements and see how we can help. We are here to help as we all navigate this pandemic together.

 

*Please note that the Coronavirus has caused this information to change rapidly. While we are making every effort to keep this page updated for informational purposes, it is in no way to be construed as legal advice. Please speak to an attorney if you need information related to your unique case or contact us directly.*

For more information, please see our recent blog posts:

Keeping you updated

Is returning to work mid-pandemic really “us vs. them”?

No Panacea for COVID-19 Liability Concerns for Employers and Their Staff   During the week of May 11, 2020, many Nevada businesses began taking preliminary steps to reopen following pervasive COVID-19 pandemic closures.  Like similarly situated entities throughout the country (and around the world), Nevada’s businesses are navigating a difficult, uncertain, and unprecedented climate as [...]

Phase One in Nevada Begins

Here are some considerations for small businesses during Phase One opening: Make sure you’re allowed to open & confirm that business licenses are current. Clark County has a special hotline for business owners that may have immediate concerns. The Business License Department’s business assistance phone number is (702) 455-6561 or via email: BLReopeningAssistance@ClarkCountyNV.gov. Click here to [...]

The New “Chapter V” Bankruptcy Filing for Small Business

The Small Business Reorganization Act (“SBRA”), signed into law in August of 2019, added a new type of bankruptcy to the longstanding slate of filing varieties: the Chapter V.  A new subchapter to chapter 11 of the Bankruptcy Code (codified under §§ 1185-1195, inclusive), empowers small businesses to seek bankruptcy protection without many of the impediments associated with a traditional chapter [...]

State by State Quarantine Restrictions

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Insurance, Contracts and other remedies for COVID-19 affected businesses

Updated 4/14/2020 ​Can I obtain financial assistance to mitigate the economic disruption of the Coronavirus (COVID-19) on my business?​​​​​​ SBA Disaster Loan Assistance is now available in many states, including Nevada, as part of the government’s efforts to minimize the economic disruption to our nation’s millions of small businesses. For more information on your eligibility [...]