This is a follow-up from our May 5, 2020 Newsletter update regarding the SBA PPP “safe harbor” period, which was originally set to expire May 7, 2020. Late yesterday, the Read More
One of the most appealing features of the PPP loan program was the ability to potentially obtain repayment forgiveness of the amounts used by recipients for qualifying expenses, including payroll Read More
Introduction. In continuation of the firm’s earlier post discussing when a business can excuse or delay performance under certain contracts that cannot be honored due to the COVID-19 crisis, it is Read More
What is Business Interruption Insurance? The significant economic ramifications caused by the COVID-19 pandemic have called into question the applicability of “business interruption insurance,” which is usually part of a commercial Read More
Individuals and companies who have entered into commercial contracts should engage legal counsel in asking the question: “is the severity of the COVID-19 outbreak and related economic ramifications so great Read More