Sandy Alert: Frequently Asked Questions

November 2012Sandy Alert

Many businesses and individuals throughout the Northeast have suffered losses due to Hurricane Sandy and now face the challenges of rebuilding and resuming operations in the wake of such an historic storm. We hope that you and your families are safe and secure with full recovery from the storm well on the way. Herrick has the resources and experience to advise on the many issues that arise in the context of disaster recovery - from maximizing the benefit from government relief, to business insurance, to tax abatement programs and employment practices. Please see below for a summary of key issues to consider across a range of these areas. Our interdepartmental recovery assistance team stands at the ready to advise and assist you in any way that we can. Please feel free to contact us with your questions and concerns.

In This Alert:
 
I. How to Obtain Disaster Relief..............................................................................1
• How do I file a claim with FEMA and SBA? What benefits are available through FEMA and SBA?
• Are there any limitations on FEMA relief?
• What disaster recovery assistance programs are available in NYC? How do I contact those programs?
• Are there any business recovery assistance services available in New Jersey for those affected by the storm?
 
II. Insurance.............................................................................................................3
• What is a business interruption loss? How can a business owner recover business interruption losses?
• How do I know if I am properly managing my Hurricane Sandy related insurance claim?
 
III. Tax Relief.............................................................................................................4
• Is tax relief available to those affected by the storm?
 
IV. Employee and Employment Relations Matters.....................................................6
• How can an employer safeguard itself from liability for potentially hazardous workplace conditions that may exist as a result of the storm?
• How does the storm affect an employer’s compensation obligations to its employees?

Copyright © 2012 Herrick, Feinstein LLP. Sandy Alert is published by Herrick, Feinstein LLP for information purposes only. Nothing contained herein is intended to serve as legal advice or counsel or as an opinion of the firm.

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