Feb 26, 2021 | Business & Corporate, Coronavirus and business
Whether a business sale is structured as an asset sale or a stock sale, the buyer usually requires that all existing debt of the target company be paid in full prior to or at the closing. At the height of the coronavirus pandemic many businesses took advantage of the...
Nov 16, 2020 | Business & Corporate
At a business association dinner last fall, I introduced myself to the gentleman sitting next to me. He was a retired business executive, now offering his substantial expertise to new entrepreneurs as a SCORE volunteer. When I told him I was a business lawyer, he...
Jun 8, 2020 | Coronavirus, Coronavirus and business
On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “PPP Flexibility Act”), amending several provisions of the CARES Act. The PPP Flexibility Act provides borrowers with greater flexibility in how they...
Mar 27, 2020 | Banking Law, Business & Corporate, Coronavirus, Coronavirus and business, Coronavirus and finance law, Coronavirus and tax law, Tax Law
On March 27, 2020, the U.S. House of Representatives passed the COVID-19 stimulus bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), which provides much needed assistance for small businesses. The Paycheck Protection Program is...
Dec 10, 2019 | Business & Corporate
Many people dream about someday owning their own business. Being personally responsible for one’s own destiny, rather than having a job that’s subject to the vicissitudes of a company’s stock price, is both empowering and frightening at the same time. Owning a...
