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Business Law

Monday, July 20, 2020

How to Reopen Your Business After COVID - 19


Despite the uncertainty that has accompanied the COVID-19 pandemic and that still lies ahead, one thing remains certain: Most businesses will eventually reopen. On April 16, 2020, President Trump set forth guidelines for the reopening of businesses in the United States. Additionally, governors from various states continue to roll back statewide stay-home orders in the hopes of restarting economies that have been crippled by this pandemic.

Business owners navigating this new landscape must figure out how to restart their operations while keeping their staff and customers as healthy as possible. Specific plans of action must be put in place for the safe and effective reopening of businesses.


Read more . . .


Monday, July 13, 2020

Force Majeure Clauses in Light of COVID - 19


Businesses across the globe have experienced unprecedented interruptions and closures because of the COVID-19 pandemic. As a result, many businesses are finding it difficult to perform their contractual obligations. Consequently,  a common but often overlooked contractual clause is in the limelight: the force majeure clause. Contrary to popular belief, the mere existence of a force majeure clause does not invalidate a legal obligation or provide a “get-out-of-jail-free” card. It instead provides parties with a justification to either delay or cease their performance of one or more contractual obligations.


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Friday, July 10, 2020

PA Extends Halt of Evictions to August 31, 2020


This week, Governor Wolf signed yet another Executive Order preventing residential evictions.

 

Specifically, the EO states:

 

  • Section 2: Notice Requirements of the Landlord and Tenant Act and other Acts Suspended Commencing on July 10, the notice requirements mandated by the Landlord and Tenant Act of 1951 and the Manufactured Home Community Rights Act are stayed until August 31, 2020, thereby tolling the ability to commence the timelines necessary for the initiation of residential eviction proceedings. All residential eviction proceedings requiring compliance with the Landlord and Tenant Act of 1951 and the Manufactured Home Community Rights Act cannot commence until August 31, 2020. All eviction timelines must be computed with a start date of August 31, 2020, at which point any previously delivered Landlord and Tenant Act of 1951 and Manufactured Home Community Rights Act notices will be deemed delivered and any eviction proceedings may commence. The eviction proceedings requiring compliance with the Landlord and Tenant Act of 1951 and the Manufactured Home Community Rights Act may proceed from that point forward in the normal course of action.
    Read more . . .


Thursday, July 9, 2020

Employee Vacay: 1 week or 3?


For your information, the PA Department of Health has issued the following travel related restrictions due to COVID-19 pandemic.  Employers should inform staff of these current limitations with instructions to work from home or use other PTO to cover the additional days away from work.  

 

Read more . . .


Tuesday, July 7, 2020

Find Lost Money - PA Unclaimed Property


According to PA Treasure Joe Torsella:

"The Pennsylvania Treasury is currently seeking the owners of more than $3.5 billion in unclaimed property.  Treasury receives hundreds of millions of dollars in unclaimed property every year. These items and funds go missing, often for things as simple as a misspelled name or an out-of-date address."

 

We encourage our clients to check the Unclaimed Property website annually.
Read more . . .


Monday, July 6, 2020

Retirement Updates Amid COVID - 19


On May 4, 2020, the Internal Revenue Service (IRS) published questions and answers regarding retirement provisions in Section 2202 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In addition to providing aid for individuals and businesses, the CARES Act increases accessibility to funds and loans from certain retirement plans and accounts. The information the IRS recently published clarifies which individuals may benefit from the legislation and which plans and accounts are covered.


Read more . . .


Monday, June 29, 2020

Obtaining Loan Forgiveness through the Payment Protection Program


One of the major provisions of the CARES Act is the Payment Protection Program (PPP), a loan program created to incentivize the retention of employees in small businesses. Under the PPP, small businesses can obtain loans to pay for payroll, mortgage interest, rent, and utilities. The deadline for submitting a PPP loan application is June 30, 2020, but because the loans will be disbursed on a first-come, first-served basis, applicants are encouraged to apply as soon as possible. A major selling point of the PPP is the opportunity to obtain total or partial loan forgiveness. If a business does not meet the criteria for total loan forgiveness, i.
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Monday, June 22, 2020

Key Considerations for Managing a Remote Workforce


The post-COVID-19 world will likely see a major shift toward companies maintaining remote workforces. Due to government-mandated business closures and stay-home orders, many owners and employees of small businesses have been forced to work virtually, and they have seen the benefits. Studies show that remote working increases productivity.1Large technology companies like Facebook and Twitter have announced that they will be implementing remote working until at least September 2020.2Some companies have even gone as far as to give employees the option of working from home permanently.
Read more . . .


Monday, June 15, 2020

Good News for PPP Borrowers: The New Paycheck Protection Program Flexibility Act of 2020


The landmark COVID-19 stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, has been a significant tool for assisting struggling small businesses during the current international pandemic. However, the centerpiece of this legislation, the Paycheck Protection Plan (PPP), has been a source of confusion and frustration for many business owners seeking this aid. In an attempt to alleviate frustrations and stay true to the original intent of the bill—providing cash flow to keep people employed and businesses afloat—a new bipartisan bill was passed by the Senate and signed by President Trump on June 5, 2020. The Paycheck Protection Program Flexibility Act of 2020 modifies and provides additional flexibility to portions of the PPP to address those needs. These are the key changes in the new act:


Read more . . .


Thursday, June 4, 2020

PA Counties Going Green


Pennsylvania has moved Allegheny County and Westmoreland County to GREEN as of June 5, 2020.
Read more . . .


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| Phone: 412.675.0940

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