Year

2020
The recently passed Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (“Act”) provides $900 billion in stimulus aid to struggling businesses and individuals along with $284 billion allocated to renewing the Paycheck Protection Program (“PPP”). Although many aspects of the Act mirror the previously passed CARES Act legislation, such as offering low interest...
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The Economic Aid Act (“EAA”) was signed into law on December 27, 2020 and provides $900 billion in financial relief to struggling individuals, businesses, and organizations. The EEA also renews the Paycheck Protection Program (“PPP”) and expands its terms to allow for eligible 501(c)(6) organizations to become borrowers. Local chambers of commerce, labor and trade...
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The Consolidated Appropriations Act, 2021 that was signed into law by President Trump on December 27, 2020, extends the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) unemployment insurance programs passed earlier this year. The CARES Act expanded unemployment insurance benefits to individuals through three programs: (1) Federal Pandemic Unemployment Compensation (“FPUC”); (2) Pandemic...
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This article is an update of an article posted on December 22, 2020. On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 in order to fund the government through September 30, 2021 and provide economic relief in response to the coronavirus pandemic. This law does not extend the Families First...
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With COVID-19 vaccines on the horizon, it is imperative for employers to create an effective and lawful vaccine program for its employees. On December 16, 2020, the Equal Employment Opportunity Commission (“EEOC”) updated its guidance on the rights and responsibilities of employers and employees related to COVID-19 vaccination, including when employers may require employees to...
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As Indiana businesses await key rulings on how courts will address coverage of business interruption insurance, a North Carolina state court recently issued an order granting partial summary judgment favoring a group of plaintiff restaurants. This is a positive indicator for businesses facing coverage denials. As we’ve reported in previous blog posts such as Business...
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In its May 5, 2020 decision, Hartman v. BigInch Fabricators & Construction Holding Company, Inc., 2020 WL 2121471 (Ind. Ct. App. 2020), the Indiana Court of Appeals provided some overdue clarity for shareholders of closely held entities. To keep pace with neighboring jurisdictions, the Court settled a longstanding issue for valuing closely held shares: whether open...
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The Small Business Administration (“SBA”) recently released draft Paycheck Protection Program (“PPP”) necessity questionnaires for comment and review by the public. The draft questionnaire is a continuation of the SBA’s required good faith certification by borrowers that the “[c]urrent economic uncertainty makes [the PPP loan] request necessary to support the ongoing operations” of the applicant...
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Kahn, Dees, Donovan & Kahn is pleased to announce its ranking as one of America’s “Best Law Firms” in 2021, compiled collaboratively by the U.S. News & World Report and Best Lawyers®.
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U.S. Department of Labor issues first guidance on Trump Executive Order 13950 prohibiting federal contractors from promoting race or sex stereotyping or scapegoating or implementing workplace diversity and inclusion trainings.
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