In business situations where the COVID-19 6-foot social distancing recommendation of the CDC is impractical or impossible to meet, having your clients/customers sign or electronically accept a properly-prepared risk assumption waiver document may help inoculate your business from such future liability claims.Read More
New Guidance: Borrowers of PPP loans greater than $2 million should anticipate review by SBA; borrowers of less than $2 million will be deemed to have made the required certification concerning the necessity of the loan request in good faith.Read More
Eligible businesses partially or fully disrupted by COVID-19, including those repaying PPP loans by the safe harbor deadline, should consider taking advantage of refundable payroll/employee retention tax credits provided for under the CARES Act.Read More
Businesses attempting to rehire employees who refuse to rejoin the workforce can exclude those employees from PPP loan forgiveness reduction calculations according to new guidance from the SBA and Treasury Department.Read More
The safe harbor deadline for businesses to repay their PPP loan in full and maintain a certification of good faith has been extended to May 14, 2020. Details...Read More
Small business applicants for PPP loans should carefully review all required certifications and determine whether the loan is necessary in light of guidance from the SBA and Treasury.Read More
For businesses and individuals worried that they or other parties will not be able to fulfill their contractual obligations, the COVID-19 pandemic’s effect on the enforceability of a contract will be determined by the contract's force majeure provision.Read More
$310 billion added to Paycheck Protection Program. What small businesses should do now to prepare for the reopening of the application process.Read More
Business owners struggling with loss of income due to COVID-19 should look to their insurance companies for relief under the business interruption component of their commercial business insurance policies.Read More
Indiana Order Aims to Protect Individual Stimulus Payments from Private Creditors; Financial Institutions Should Carefully Review Judgement-Debtors' AccountsRead More
