Keeping Your Distance: New Social Distance Requirements for Arkansas Businesses
Arkansas Governor Asa Hutchinson, by Executive Order 20-13, as part of his COVID-19 response, has mandated new social distancing protocols for all businesses, construction companies, and places of worship operating in Arkansas. The new requirements, which were effective on April 6, 2020, include…
COVID-19 UPDATE: SBA Issues Updated Lender and Borrower PPP FAQs
The Paycheck Protection Program (the “PPP”) established under the Coronavirus Aid, Relief and Economic Security (CARES) Act authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. We have published information on PPP here. The U.S…
CARES Act – Large Enough to Help Medium-sized Businesses
A lot of attention has surrounded the relief provided to individuals and small businesses under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) signed by the president on March 27, 2020. But medium-sized businesses are also eligible for relief under the CARES Act. Title IV of the…
Considerations for Holding Virtual Annual Shareholder Meetings in Light of COVID-19
April 6, 2020
by Nathan D. Coulter
In light of Coronavirus Disease 2019 (“COVID-19”), the Securities and Exchange Commission (“SEC”) recently released guidance to assist public companies with their upcoming annual shareholder meetings. As explained in the SEC’s press release announcing the guidance, “[t]he guidance is designed to…
COVID-19 UPDATE: Guidance on Paycheck Protection Program (PPP) Loans
Beginning on April 3, 2020, small businesses and sole proprietorships can apply for loans through the Paycheck Protection Program (the “PPP”) established under the Coronavirus Aid, Relief and Economic Security (CARES) Act. The PPP authorizes up to $349 billion in forgivable loans to small…