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New Law Gives Flexibility to Paycheck Protection Program

June 12, 2020

On June 5, 2020, the President signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”). The new law amends the Paycheck Protection Program (“PPP”), the lending system created by the March 27 CARES Act to support the ability of businesses to maintain workers on their payroll during the COVID-19 pandemic. Before…

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Small Business Administration Releases Paycheck Protection Program Loan Forgiveness Application

May 26, 2020

On May 15, 2020, the Small Business Administration (“SBA”) released its loan forgiveness application for the Paycheck Protection Program, or “PPP.” In addition to instructing borrowers how to apply for forgiveness of their PPP loans, the application provides new guidance on loan forgiveness. The SBA also announced in a press release that it will soon…

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Webinar: “Cannabis in the Time of COVID: Important Advice for Maine Businesses”

May 21, 2020

Click Here to access the Webinar: “Cannabis in the Time of COVID: Important Advice for Maine Businesses.” Click Here to access the slide presentation for  “Cannabis in the Time of COVID: Important Advice for Maine Businesses.”

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How Employers Can Minimize the Possibility of Legal Problems while Reopening Businesses

May 19, 2020

As COVID-19 infection rates decline and the country inches its way toward “reopening,” employers must determine how to serve the needs of their businesses while providing a safe environment for employees, clients, customers, and visitors.  With information about the spread of the virus changing constantly, employers must carefully consider what, if any, changes they should…

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New Sick Time and Paid Leave Requirements Go Into Effect Under Families First Coronavirus Response Act

May 11, 2020

In an effort to respond to the multiple challenges posed by the coronavirus pandemic, the United States Congress has enacted the Families First Coronavirus Response Act. This new law, signed by the President on March 18, provides for expanded benefits to employees who are affected by the current healthcare crisis. In particular, the law creates…

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Roundtable on April 29: Real Estate News During the COVID-19 Crisis

April 30, 2020

Prince Lobel Invites You to Join Us for a Real Estate Roundtable on Wednesday, April 29 from 4:00 – 5:00 p.m. Please join our Real Estate team as they discuss real estate-related news relating to COVID-19 via a Zoom conference meeting. The team will  provide live updates to our March 18 Client Alert for commercial…

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CARES Act Paycheck Protection Program Updates, Best Practices, and Clarifications

April 29, 2020

On April 23, 2020, Congress passed the Paycheck Protection Program and Health Care Enhancement Act (the “Enhancement Act”), which was signed into law by President Trump the following day. Among other things, the Enhancement Act provides an additional $310 billion for the Paycheck Protection Program (“PPP”) established under the CARES Act and administered by the…

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The Obligation to Warn Employees of Impending Layoffs in the Era of COVID-19

April 27, 2020

Many employers have found it necessary in recent weeks to close facilities and furlough or lay off employees. The purpose of this alert is to remind employers of obligations they may have under the Federal Worker Adjustment and Retraining Notification (WARN) Act, which requires advance written notice to employees of certain plant closings or mass…

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CARES Act Paycheck Protection Program: Headlines, Updates, and Important Dates

April 17, 2020

CARES Act Paycheck Protection Program: Headlines, Updates, and Important Dates Since the adoption of the CARES Act that established it, the Paycheck Protection Program (“PPP”) ”) has been marked by an uneven rollout, with the program’s standards, deadlines, and limitations left ambiguous or unexplained. We provided an overview of the CARES ACT on March 27,…

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Essential Carpenters Union to Return to Work

April 17, 2020

The Carpenters Union has announced that its membership will end its COVID-19 work stoppage and return to its projects on April 21, 2020. Should you have any questions or issues regarding this or any other construction law issues, please contact  Chris Miller (cmiller@princelobel.com; 617-456-8083).