Corporate
PPP Flexibility Act of 2020 Passes Congress: Covered Period Increased for Up to 24 Weeks Among Other Changes Useful for Some But Not All Borrowers

PPP Flexibility Act of 2020 Passes Congress: Covered Period Increased for Up to 24 Weeks Among Other Changes Useful for Some But Not All Borrowers

On June 3, 2020, the Senate passed H.R. 7010 (previously passed by the House on May 28, 2020) entitled the Paycheck Protection Program Flexibility Act of 2020 (the “PPPFA”). Once signed into law by the President, the PPPFA will amend the CARES Act in several meaningful ways. The highest profile change is to the definition of “covered period”...

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Get Closer With Your Contracts During the COVID-19 Pandemic

Get Closer With Your Contracts During the COVID-19 Pandemic

By: Timothy J. Feldhausen Contracts with customers, vendors, or other parties are a normal part of doing business.  Most businesses are party to numerous contracts and although it may seem that contracts are fairly standard documents, the reality is that each individual document is its own legally binding arrangement.  The parties to contracts...

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CDC’s Detailed Guidance to Reopen Businesses

By: Abby S. Busler The Center for Disease Control (“CDC”) has issued 60 pages of detailed guidance to reopen businesses, health care facilities and providers, schools, transit, and other industries. This guidance also provides information regarding testing and data to assist with exposure and risk concerns for those industries. The following is...

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Local Safer At Home Orders Changed Rapidly After Statewide Order Struck Down; Businesses Encouraged to Review Local Orders Regularly to Ensure Compliance

Local Safer At Home Orders Changed Rapidly After Statewide Order Struck Down; Businesses Encouraged to Review Local Orders Regularly to Ensure Compliance

After the Wisconsin Supreme Court struck down the statewide Safer At Home order on Wednesday, May 13, 2020, a number of local governments, at the county, city, and village levels, began issuing their own Safer At Home orders. By Wednesday evening, Brown and Dane Counties had issued orders—as well as the suburban regions of Milwaukee County, which...

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Safer At Home Overruled – Is It Business As Usual?

By: Kathy L. Nusslock Part I of Our Business Liability Series on Returning to Work On May 13, 2020, the Wisconsin Supreme Court ruled the Secretary-designee of the Department of Health Services (DHS) failed to follow emergency rule procedures and exceeded her authority when she issued Emergency Order #28, ordering everyone to stay home, closing...

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Businesses Must Be Aware of Local Safer At Home Orders, Including Those in Brown, Dane, Kenosha, and Rock Counties, Parts of Milwaukee County, and the Cities of Appleton, Madison, Milwaukee, and Racine

By: Sherry D. Coley and Tiffany E. Woelfel May 15, 2020, 4:00 PM Update This article was originally published the morning of May 14, 2020, and was accurate as of the time of publishing.  Since publication, a number of additional counties and local governments have implemented Safer At Home Orders.  Additionally, a number of counties have...

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SBA Creates New Safe Harbor for PPP Certification Review: Loans Under $2 Million Deemed Certified in Good Faith and Loans Over $2 Million Subject to Possible Loss of Forgiveness (Updated May 14, 2020: New PPP FAQ #47 published)

SBA Creates New Safe Harbor for PPP Certification Review: Loans Under $2 Million Deemed Certified in Good Faith and Loans Over $2 Million Subject to Possible Loss of Forgiveness (Updated May 14, 2020: New PPP FAQ #47 published)

By: Lawrence J. Glusman   Second Round of May 13, 2020 SBA Updates | New PPP FAQ #47 Published 47. Question: An SBA interim final rule posted on May 8, 2020 provided that any borrower who applied for a PPP loan and repays the loan in full by May 14, 2020 will be deemed by SBA to have made the required certification concerning the necessity...

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Governor Evers “Turns the Dial” to Begin Further Relaxing Restrictions on Businesses Categorized by the State as Non-Essential Retail

By: Sherry D. Coley and Tiffany E. Woelfel On May 11, 2020, Governor Evers issued Emergency Order #36, which further relaxes restrictions on retail businesses categorized by the State as non-essential. The Order allows for non-essential retail businesses to open their doors to customers for in-person shopping, provided that the entrance into the...

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