Passage of the NDAA Provides Boost for U.S. Maritime Community
New Law Legalizes Robotic Deliveries in Pennsylvania
Change-In-Ownership Guidance for PPP Borrowers and Lenders
Now You Know: Your Rights on Insurance Claims
By John Rafferty — Nearly everyone who pays insurance premiums expects that when they submit a claim for a loss believed to be covered, the insurance company will, having been paid the premiums, cover the loss. Sometimes, when claims are denied,…
New PPP Loan Forgiveness Applications Issued
By Gordon W. Prince, Esq. In light of the newly executed Paycheck Protection Program Flexibility Act (the “Act”), discussed fully here, the SBA (in consultation with the U.S. Department of Treasury) issued a revised PPP loan forgiveness application, as well…
New Rules for Forgiveness in Paycheck Protection Program Reform Bill
By Gordon W. Prince, Esq. The Paycheck Protection Program Flexibility Act of 2020, a bill that focuses on easing restrictions on small businesses who will be seeking to have their PPP loans forgiven, has been signed into law by the…
What It Means: Pennsylvania’s Judicial Emergency to End June 1
By Salvia Yi, Esq. On May 27, 2020, the Pennsylvania Supreme Court declared that the statewide judicial emergency will end as of June 1, 2020. Notwithstanding, the President Judges in each county are authorized to extend or declare local judicial…
Small Businesses: What You Need to Know About Important Changes to Bankruptcy
By David W. deBruin, Esq. The Coronavirus Aid, Relief and Economic Security Act (CARES Act) was enacted to provide emergency financial assistance for individuals, families and businesses affected by the COVID-19 pandemic. A lesser publicized part of the CARES Act…
Keep It or Return It: Major Update for PPP Loans Under $2 Million
By Gordon W. Prince, Esq. The SBA has automatically extended the safe harbor Paycheck Protection Program loan repayment deadline to May 18, 2020, in light of the new guidance it has issued regarding the good faith certification all PPP loan…