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An Update to Clients from the CEO: The CARES Act

April 08, 2020

Greetings to our clients, friends and community partners:

I hope and trust that you, your families and colleagues are and continue to be healthy and safe.

As you know, Congress’s Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic relief bill in U.S. history – and has raised many questions. This continues to be the case as federal agencies issue and refine rules and guidance related to the CARES Act. From the Paycheck Protection Program to deferring payroll taxes, our multi-disciplinary COVID-19 Response Team continues to monitor, analyze and offer guidance on the nuances of the Act. These updates and information about the many other federal, state and local directives and mandates can be found on our continually updated coronavirus resource page.

Additionally, please allow me to take a moment to wish those of you who are celebrating Passover or Easter this week and beginning Ramadan later this month a safe and healthy holiday. Whether you celebrate these holidays or not, we are all experiencing the emotional void caused by the absence of face-to-face interaction with family and friends. I look forward to the day when we can all begin meeting in person once again.

Until then, be safe and stay healthy!

William T. Dymond, Jr.
CEO & President 
Lowndes 

William

Bill Dymond is the president, chief executive officer, and managing partner of Lowndes. A recognized leader in his field, Bill advises clients on a broad range of real estate and business matters, with a particular focus on the hotel, resort and leisure industry.

Named to Florida Trend’s annual list of most influential business leaders for years, Bill is a member of the firm’s Hospitality & Leisure Group, which has handled over $30 billion in real estate transactions throughout Central Florida, the United States, and Canada. With almost 40 years of experience in real estate acquisition, finance and development, Bill provides comprehensive guidance on the unique challenges faced by clients in this ever-changing and highly competitive sector. He advises hotel and resort owners in connection with all aspects of their business, including development, operating agreements, licensing, franchising, lodging and financing matters. He also serves as general counsel to Visit Orlando, the region’s convention and visitor’s bureau.

Equally passionate about working with clients in the sports and entertainment arena, Bill is well-known for helping to make Central Florida a destination for high-profile sporting events. A skilled negotiator, he is frequently relied upon by sports and entertainment clients to handle high-stakes agreements. His successful negotiation of multi-year television agreements with ABC and ESPN secured national broadcast exposure for Florida Citrus Sports and its two annual bowl games at Camping World Stadium. He also leads negotiation of team selection agreements for the organization’s college bowl games with the Big 10, SEC, ACC and Big 12 conferences. A longtime advocate for Camping World Stadium, he played a key role in its renovation and related funding.

Bill’s commitment to the community is reflected through his countless hours of service and leadership at numerous Central Florida organizations. He is a founding board member of Lift Orlando, a nonprofit working to revitalize neighborhoods around Camping World Stadium. Bill also currently serves on the executive committee and board of directors of the Orlando Economic Partnership. He is also a past chair of the CRA Advisory Board, the Downtown Development Board for the City of Orlando, Florida Citrus Sports, the Orlando Economic Partnership, and the Winter Park Chamber of Commerce.

At the state level, Bill is an active member of the Florida Council of 100 and has served as a board member and executive committee member of both Enterprise Florida and Space Florida. During his six-year gubernatorial appointment as Space Florida Chair, he led the organization’s partnership with NASA, local and state governments, and the private sector in operating Florida’s two spaceports, greatly expanding the state’s ability to dominate the growing commercial space market and create jobs in this unique sector.

With his many leadership roles at the local and state level, Bill has developed a broad network of collaborative relationships throughout Florida that brings added value to his clients in their pursuits.

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