Tired of being in the house? 

Nights are the best time to go outside while maintaining proper social distancing. Tonight the full moon will be pink, and it will be the brightest of the year. April offers multiple stargazing and planetary events including the Lyrids meteor showers which will be active from April 16-25.

RESOURCES

Here is a visualization of CARES Act funding streams. Since each of us will eventually be paying for it, make sure you get your share. 

Take a look at the SBA Paycheck Protection Program final interim rule, effective 4/2/2020, and the current application. The American Banker perspective might provide some insight. The IRS has issued a statement regarding economic impact payments, as well; and benefits.gov has pulled together a Coronavirus resource page.

Litigation remains an essential service

Cutting corners has always been a risk. Medicare patients have finally succeeded in obtaining appeal rights in disputes over the assignment of observation status during hospitalizations. Other recent class actions include a California suit against Beyond Meat and PETA alleging the companies sent out unsolicited texts, as well as multiple suits filed against DevaCurl claiming the company’s product causes hair loss.

Although businesses are facing additional stress, don’t take chances that may result in future negative financial consequences. If you need assistance in evaluating financial decisions Asterion is available to consult with you. If you are prosecuting or defending a class action, Asterion can prepare or evaluate the required class action damage models.

 

What should you be doing to protect your business during the pandemic?

The current economic crisis affects us all. New companies and venerable brands are starting to file bankruptcy and considering other alternatives, such as deciding which payments to skip in order to conserve cash flow. Others are shuttering for the time being, and may not be able to reopen without proper planning. 

If you need assistance in considering your financial alternatives, Asterion can work remotely to provide the financial advice you need.

 

FYI

Economists have set out the four economic laws of pandemics; they have also determined what the government should spend to save a life. If you want a good case study on the impact of supply chain disruption, take a look at the New Jersey fishing industry. 

Trends We’re Watching

Mortgage firms face liquidity crisis.

China experiences a spike in divorce filings as quarantine ends.


 

On the Lighter Side

Elie Mystal, lawyer and writer, has tips for being productive while working from home with kids

Without foot traffic, Abbey Road crosswalk finally gets fresh paint.

Anthony Fauci souvenirs are hot, including a bobble-head you can pre-order.

What foods can you freeze? (We hope Anthony Fauci donuts are one of them.) What meals can you make later from the foods you froze? You can even regrow some of the vegetables in your refrigerator. 

What Doesn’t Surprise Us At All

Cancellation of March Madness leads NCAA to reduce payments to colleges. 

Thread Recommendations

Enjoy the new Harry Potter at Home portal.

Be a neighborhood naturalist, and get rid of spotted lanternfly egg sacks while you can.

Conduct science experiments for kids at home.

Take a virtual safari.

Explore a shipwreck. Watch wildlife nature cams and view award-winning photos.

Spotlight on Class Actions
Asterion, Inc. has experience in assisting businesses, law firms and individuals during the class action process.
April 7, 2020