Category Archives: Business Law
New PPP Loan Forgiveness FAQs Released
The Small Business Administration (SBA), in consultation with the Department of the Treasury, released long-awaited FAQs providing guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans. Section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as amended by the Paycheck Protection Program Flexibility Act,… Read More »
Will a COVID-19 Liability Waiver Hold Up in Court?
More and more businesses that are reopening are posting coronavirus disclaimers or requiring employees and customers to sign waivers, but there are questions about whether those waivers will actually protect businesses from liability. Will a jury really think that liability waiver is enforceable? While owners may think they are reducing the risk of a… Read More »
SBA Debt Relief for Small Businesses During COVID-19
If you’re the owner of a small business, you may be struggling to figure out any way to stay afloat during the coronavirus pandemic. Between navigating through potential loans and the Payment Protection Program, the government is certainly trying to do its best to assistant people just like you. However, if you haven’t already… Read More »
What the HEROES Act Would Mean for Small Businesses & PPP Funding
On May 15, 2020, the U.S. House of Representatives passed H.R. 6800, the ‘‘Health and Economic Recovery Omnibus Emergency Solutions Act’’ or HEROES Act. The $3 trillion bill includes a host of COVID-19 relief provisions, including $1 trillion for state, local, and tribal governments; an additional round of direct stimulus payments for individuals; repeal… Read More »
What the HEROES Act Would Mean for Small Businesses & PPP Funding
On May 15, 2020, the U.S. House of Representatives passed H.R. 6800, the ‘‘Health and Economic Recovery Omnibus Emergency Solutions Act’’ or HEROES Act. The $3 trillion bill includes a host of COVID-19 relief provisions, including $1 trillion for state, local, and tribal governments; an additional round of direct stimulus payments for individuals; repeal… Read More »
SBA Debt Relief for Small Businesses During COVID-19
If you’re the owner of a small business, you may be struggling to figure out any way to stay afloat during the coronavirus pandemic. Between navigating through potential loans and the Payment Protection Program, the government is certainly trying to do its best to assistant people just like you. However, if you haven’t already… Read More »
What Not to Do When You Reopen Your Business
Small business owners have been left without any clear guidance from local or state governments on how to go about reopening their businesses after coronavirus-induced stay-at-home orders are lifted. And without anything but vague advice from the Federal Government, business owners are left to figure out how to keep workers safe on their own…. Read More »
Keeping Up With Florida’s COVID-19 Executive Orders
Governor Ron DeSantis has continued to issue new executive orders in his effort to address the COVID-19 crisis in the State of Florida. Executive Order 20-103 has extended Executive Order 20-87, requiring vacation rental properties to temporarily suspend rental operations for the duration of the order, which now goes through April 30, 2020. The order… Read More »
Florida Insurance Commissioner Talks Business Interruption & COVID-19
Commissioner David Altmaier from the Office of Insurance Regulation (OIR) addressed a subgroup of the Governor’s Re-Open Florida Task Force this past Friday, April 24, 2020. He was delivering the sobering news that many businesses are now facing: their insurance policy may or may not cover the business interruption that so many have incurred… Read More »
Understanding Business Interruption Insurance
Business owners all over the country are struggling to get by amidst the coronavirus pandemic. Therefore, it’s important to understand the main types of business interruption insurance and what issues you may face when seeking coverage under your policy: (1) Business Interruption Coverage Business interruption insurance policies generally provide coverage for lost income and… Read More »
