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…
Businesses Have COVID-19 Worries; These Resources Can Help
With numerous measures now in place at the federal, state and local levels, the following are some of the latest resources available to walk businesses through the relief programs enacted, including under the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"). Financial Assistance…
Winning Early in Complex Business Litigation Alleging Fraud
In a recent case alleging common law and consumer fraud, the Eighth Circuit Court of Appeals affirmed dismissal because the plaintiff failed to meet the requisite pleading standard. The plaintiff, a commercial printing company, purchased a printing press from the defendant technology company. Four…