The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a roughly $2 trillion coronavirus response bill signed into law yesterday, is intended to provide widespread emergency relief for Americans and the country’s economy. In addition to its benefits for individuals, the bill provides aid for small businesses, large corporations, hospitals and public health agencies, and state and local governments.
USA, Banking, Company & Commercial, Employee Benefits & Pensions, Employment & Labor, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Non-profit Organizations, Shipping & Transport, Tax, Trade & Customs, Thompson Hine LLP, General contractor, Coronavirus, Tax Cuts and Jobs Act 2017 (USA), SECURE Act 2019 (USA), Families First Coronavirus Response Act 2020 (USA), CARES Act 2020 (USA)
In Tiuta International Limited (in liquidation) v De Villiers Surveyors Limited [2017] UKSC 77 the Supreme Court reminded us that the measure of damages is that which is required to restore the claimant as nearly as possible to the position that he would have been in if he had not sustained the wrong.
United Kingdom, Banking, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Liquidation, UK Supreme Court