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May 19 2020
Legal News
In addition to serving our clients, our attorneys are active in publishing articles, conducting seminars and giving speeches. Our firm also issues many press releases and is frequently mentioned in various news sources. These resources are available for information purposes only and may be obtained by using the various search functions below.
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May 18 2020
WEDC Small Business Grant Programs
Gov. Evers announced a new $75 million grant program for small businesses that will provide $2,500 grants to assist with the costs of business interruption, health and safety improvements, salaries, rent, mortgages, or inventory. The grants will be available to businesses impacted by COVID-19 with 20 or fewer full-time employees who have not already received COVID-19 assistance from the Wisconsin Economic Development Corporation (WEDC).
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May 15 2020
May 13 2020
Further SBA Guidance on the Necessity Certification
On April 23, 2020, the Small Business Administration (SBA) provided borrowers that received Paycheck Protection Program loans until May 7, 2020 to reassess whether they had a good faith basis to certify that “the uncertainty of current economic conditions makes necessary the loan request to support ongoing operations of the eligible recipient.” On May 5, 2020, the SBA extended that deadline to May 15, 2020. Along with setting the deadline, the SBA promised additional guidance prior to borrowers needing to make a final decision on potentially returning proceeds received. On May 13, 2020, the SBA provided that guidance in the following FAQ 46:
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May 08 2020
Business Reopening Guide
As an increasing number of states “flatten the curve” and increase capacity for testing, businesses must prepare for the loosening and lifting of the various state and local “Stay at Home” or “Safer at Home” orders. These orders, which have restricted the activity of businesses across the country, are likely to have lasting impacts on the workplace and businesses should expect the possibility of a phased return to normal business operations. Now is the time to develop a plan for reopening with an eye toward an eventual return to normalcy, or what may be a new version of normalcy.
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