Kimco Realty Corp. Law Firm Partnership Project Selected Among Finalists for ALM Industry Awards in Best Provider Collaboration Category
(CHICAGO, January 12, 2021) The U.S. law firm of Hinshaw & Culbertson LLP is pleased to announce that Hinshaw, firm client Kimco Realty Corp. and eight other law firms have been selected as Finalists for the American Lawyer Magazine Industry Awards in the Best Provider Collaboration category.
In April, 2020, Kimco teamed up with Hinshaw and the other partner law firms to launch its Tenant Assistance Program (TAP), a collaborative effort to assist Kimco’s retail tenants in the United States and Puerto Rico survive the economic crisis arising from the COVID-19 lock downs. Under TAP, Kimco paid for legal counsel to help tenants obtain disaster relief loans made available to small businesses through the federal CARES Act Paycheck Protection Program and certain parallel state programs. These relief programs provided small business owners with loans that may be forgiven if used primarily to keep the borrower’s employees on the payroll during the pandemic. Hinshaw assisted Kimco in the initial development and implementation of the program.
“We are thrilled to be selected among the finalists for this year’s American Lawyer Magazine Industry Awards,” said Hinshaw Partner Joshua Vincent, who led the Hinshaw TAP team. “It was extremely gratifying to work with our firm client, Kimco, and the eight other firms on this project to assist many of the nation’s small businesses that have been so severely impacted by the pandemic.”
Kimco paid the law firms to assist each tenant with the selection of an appropriate loan type, completion of loan applications, and filing of all necessary documents with an appropriate lender. TAP included law firms in multiple states where Kimco properties are located. Hinshaw was responsible for tenants in California, Florida, Illinois, Minnesota, New York and Indiana; Nelson Mullins Riley & Scarborough assisted tenants in Georgia, North Carolina, South Carolina, Massachusetts, New Hampshire, and Tennessee; Rosenberg Martin Greenberg LLP in Maryland, New Jersey, Pennsylvania and Virginia; Consoli Bortolan Law Group in Connecticut; Fennemore Craig in Colorado, Arizona and Nevada; Polsinelli assisted tenant-clients in Texas; Dunn Carney LLP in Washington; Montgomery Purdue Blankinship & Austin in Oregon; and Fernandez Cuyar Rovira & Plá LLC in Puerto Rico.
ALM will announce its Industry Award winners in all categories at a virtual awards gala on January 14.