On January, 11, 2021, the SBA, in consultation with the U.S Treasury Department, reopened the Paycheck Protection Program (PPP Loan) for First Draw loans for those small businesses that did not apply in 2020.
With the Consolidated Appropriations Act, 2021 employers are no longer mandated to offer paid leave under the EPSLA or EFMLA to their employees. The Consolidated Appropriations Act, 2021 did contain a provision, however, allowing employers to offer paid leave under the EPSLA or EFMLA to their employees through March 31, 2021.
How to Deal with Paycheck Protection Program Loans (PPP Loan) in Connection with a Change of Ownership
The SBA recently released SBA Procedural Notice 5000-20057 (effective October 2, 2020) (the “Notice”) outlining the required procedures for change of ownership of an entity that has received PPP funds.
Landowners, whose properties are burdened with easements recorded prior to July 1, 1980 may be excited to learn that those easements (unless they have been re-recorded) are expired.
As a result of the Coronavirus Aid, Relief & Economic Security (CARES) Act, the Federal Reserve has created the Main Street Lending Program (MSLP) to provide up to a total of $600 billion in financing for small and medium size businesses who were in sound financial condition before the onset of the COVID-19 pandemic.
Kenosha County has withdrawn its Safer at Home Order after determining it is unenforceable. We are confident that as additional counties analyze the Supreme Court’s decision, they will come to the same conclusion as Gerbers Law and Kenosha County and also withdraw their local Safer at Home orders.
If your business was able to transition to work from home positions during the Safer at Home order, it may be worthwhile to implement a remote work policy into your employee handbook if it does not already contain one.
On May 13, 2020, the Wisconsin Supreme Court issued its decision in Wisconsin Legislature v. Palm, 2020 WI 42. In its decision, the Supreme Court ruled that Emergency Order 28 – Safer at Home, was unenforceable. There was some confusion initially in the media coverage of the decision as to when it would be effective, leaving counties to enforce their own orders.
On May 11, 2020, Governor Tony Evers caused the Emergency Order #36 – Interim Order to Turn the Dial to be issued. While this Emergency Order does not end the Safer at Home restrictions, it does allow additional business to open while taking certain precautions.
On March 25, 2020, the Senate unanimously passed the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), a $2 trillion stimulus package designed to help the ailing economy and ease the burden on families and businesses.
Pursuant to the Safer at Home Order, all individuals present within the State of Wisconsin have been ordered to stay at home or at their place of residence. The Safer at Home Order is effective from 8:00 AM on Wednesday, March 25, 2020 to 8:00 AM on Friday, April 24, 2020.
In response to the COVID-19 pandemic, the SBA is now offering low-interest, long-term federal disaster relief loans to provide working capital to small businesses suffering substantial economic injury as a direct result of COVID-19 through its Economic Injury Disaster Loans (EIDL) program.
On March 18, 2020, President Donald Trump signed the Families First Coronavirus Response Act (“FFCRA”) into law. The FFCRA will be in effect no later than April 2, 2020 and may be implemented sooner.
We would like to take a moment to let you know the precautions we are taking to better protect the health of our clients and staff in light of the COVID-19 virus.
Restrictive covenants, namely in the form of non-competition and non-solicitation agreements, are routinely deployed in M&A transactions, yet often overlooked by advisors as being useful tools for negotiating deal terms.
For sale by owner (FSBO) is when the homeowner chooses to sell the house on their own without hiring a real estate agent to facilitate the sale.
Recently, changes to partnership tax audit rules were added to Sections 6221 through 6241 of the Internal Revenue Code (“IRC”). These changes will allow the IRS to more easily audit and collect taxes from partnerships and LLCs. These new partnership audit rules are effective for taxable years beginning on or after January 1, 2018.
Negotiation, mediation, and arbitration are three of the most commonly used forms of ADR used in Wisconsin, although other forms of ADR do exist. The needs of each litigant are different, and every case involves its own challenges.
Whether you are starting a new business or growing your existing business, an Employee Handbook is a necessary document that every organization should have. The Employee Handbook outlines what is expected in regard to employee conduct, ethics, policies, and what the employee can expect from the company.
It’s a good rule of thumb to review your estate planning documents at the end of every year. We have put together a list of 7 reasons to why you may want to update your will or estate plan.
A deed is a legal document that transfers ownership interest or title to a piece of real property from one party to another. In this blog we will discuss common types of property deeds and reasons you would use them. Read More