Blog Layout
News Bulletin: Eviction Moratorium Extended
Frank Malara • Aug 11, 2020

Critical Executive Order on eviction comes just in time.

Governor Cuomo announced an extension of a moratorium on evictions during the coronavirus pandemic. The moratorium was due to expire at midnight, but is now extended to September 4, 2020.

The Governor’s Executive Order is covered under the Tenant Safe Harbor Act . The Act provides protections for tenants that are unable to pay their rent because of the pandemic. Governor Cuomo signed the Act into law on June 30, 2020. 

In order to be considered covered under the Tenant Safe Harbor Act, a judge will consider:

  • Income prior to the pandemic (March 7, 20202).
  • Income during the pandemic.
  • Liquid assets.
  • Eligibility for and receipt of cash assistance or other benefits like the Supplemental Nutrition Assistance Program (SNAP), Supplemental Security Income (SSI), the Home Energy Assistance Program (HEAP), and federal and state Unemployment Insurance (UI). 

We are here for you.

Call (914-946-2889) or email us at Francis J. Malara or Anne Penachio with any questions or for a free consultation.

News Bulletin: Commercial Eviction Moratorium Extended

By Frank Malara • 21 Oct, 2020
New York State Governor Andrew M. Cuomo extended the State’s moratorium on COVID-related commercial evictions and foreclosures through January 1, 2021. The Executive Order extends protections already in place in recognition of the financial toll the COVID-19 pandemic has taken on businesses, including restaurants.  The extension gives commercial tenants and mortgagors additional time to catch... The post News Bulletin: Commercial Eviction Moratorium Extended appeared first on Penachio Malara, LLP - Bankruptcy Lawyers.

Business Interruption Insurance, Part 2

By Frank Malara • 26 Sep, 2020
In part 1 of this two-part series, we covered the basics of business interruption insurance, also known as business income insurance. This article will focus on the intersection of business interruption insurance and COVID-19. Does business interruption insurance cover losses from COVID-19? Many insurance companies are denying business interruption insurance claims related to COVID-19. Even... The post Business Interruption Insurance, Part 2 appeared first on Penachio Malara, LLP - Bankruptcy Lawyers.
Share by: