Massachusetts Makes $50.8 Million in Grants Available to Small Businesses Hit Hardest by the Pandemic
CLIENT ALERT By: Jason Gregoire October 26, 2020 On October 22, 2020, Massachusetts Governor Charlie Baker announced the intent to issue $50.8 million in grants to small businesses who have suffered financial losses due to the COVID-19 pandemic with preference given to small businesses (1) whose owners are women, minorities, veterans, or members of underrepresented […]
Evaluating Financially Troubled Tenants: Bankruptcy Risks and Lease Termination Agreements
CLIENT ALERT Christopher Candon & Jaclyn Fisher | October 23, 2020 In the midst of the Covid-19 pandemic and the uniquely challenging obstacles it has created for our economy, the reliability of long-term leases are increasingly uncertain. As moratoriums on commercial evictions and foreclosures have lapsed, lease termination agreements may provide landlords and tenants with an […]
SBA Provides New Guidance For PPP Loan Borrower Ownership Changes
CLIENT ALERT By: Paul Reuland and Colleen Lyons October 8, 2020 Paycheck Protection Program (“PPP”) loan borrowers continue to consider their options as COVID continues to impact the economy. For some, a sale of their business is a potential option. Until last week, there was little guidance from the U.S. Small Business Administration (the “SBA”) on […]
Treasury Department Issues Guidance Regarding Trump Administration’s Payroll Tax Deferral Program
CLIENT ALERT By: Peter Beach August 31, 2020 On August 8, 2020, the Trump Administration issued an Executive Memorandum on the deferral of employee payroll tax obligations. On August 28, 2020, the Treasury Department issued Notice 2020-65 providing employers with information on some aspects of the deferral program. Here are the highlights. Only Specified Payroll […]
SBA PPP Forgiveness Platform Scheduled to Go Live August 10, 2020
CLIENT ALERT By: Colleen Lyons July 29, 2020 While many Paycheck Protection Program (PPP) borrowers have or are in the process of preparing PPP Loan Forgiveness Applications and submitting them to their lenders, the US Small Business Administration (“SBA”) has not yet opened its platform to accept loan forgiveness decisions from lenders. Last Thursday the […]
Updates to Massachusetts Paid Family Medical Leave
CLIENT ALERT By: Mark Ventola & Deniz Harrison July 20, 2020 On July 24, 2020, the Massachusetts Department of Family and Medical Leave (DFML) will publish the final version of regulations clarifying the procedures, practices, administration and enforcement of the Paid Family and Medical Leave Law, G.L. c. 175M (PFML). While all employers are now […]
Dream On: DACA Rescission Unlawful
CLIENT ALERT By: Deniz Harrison July 10, 2020 On June 18, 2020, in a 5-4 decision written by Chief Justice Roberts, the United States Supreme Court held that the Department of Homeland Security’s (“DHS”) attempt to rescind the Deferred Action for Childhood Arrivals (“DACA”) immigration relief program was unlawful because it failed to provide an […]
PPP Loan Application Deadline Extended and Conforming Updates to Previously Issued Interim Guidance
CLIENT ALERT By: Colleen Lyons July 9, 2020 On July 4th, President Trump signed legislation extending the deadline for businesses to apply for loans under the Paycheck Protection Program (“PPP”) from June 30, 2020 until August 8, 2020. This five-week extension comes after the US Small Business Administration (“SBA”) and the US Treasury Department (“Treasury […]
Governor Sununu Extends Long Term Care Stabilization Program to July 31, 2020 – Original End Date of June 30 Recognized as Too Early
CLIENT ALERT By: Andrew Eills June 26, 2020 Frontline nurses, other staff, and their employers in New Hampshire’s nursing homes and other Medicaid facilities can breathe a little easier this week – frontline staff’s pay will not be reduced. On Thursday, June 25, Governor Sununu issued Emergency Order # 55, which extends to July 31 […]
A Cautionary Tale: Too Much Control Over Your Contractor Could Lead to Liability
CLIENT ALERT By: John Perten June 24, 2020 A homeowner hires a general contactor to renovate her home. One of the general contractor’s employees, a carpenter, manages to cut off his thumb on a table saw. The carpenter sues the homeowner for negligence claiming that the homeowner owed him a duty of reasonable care to […]
