Money growth

May 22nd, 2020

Business Valuations in COVID-19 World

In a matter of months, COVID-19 has had lasting effects on the economy and businesses requiring business valuators to consider its impact. On January 20, 2020, China recorded the first confirmed case of COVID-19. By…

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May 19th, 2020

Updated PPP Loan Forgiveness Guidance from SBA

On May 15, 2020, the Small Business Administration (“SBA”) issued much anticipated guidance—in the form of a Loan Forgiveness Application and instructions—to calculate potential forgiveness amounts for loans issued pursuant to the Paycheck Protection Program…

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April 15th, 2020

Tips for Spending PPP Loan Proceeds and Maximizing Loan Forgiveness

Jan. 12, 2021 Update: New COVID-19 Relief Legislation Contains Paycheck Protection Program Modifications The Payroll Protection Program (PPP) has provided a critical lifeline to businesses and their employees. Business owners whose PPP loan applications have…

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April 9th, 2020

Rent and Mortgage Payments and Other Real Estate Issues During Covid-19

A Discussion of the Real Estate Landscape during COVID-19. The effects of the COVID-19 outbreak are incredibly far-reaching and have caused many economic hardships, with millions filing for unemployment over the past two weeks. This…

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MSATP Webinar

April 7th, 2020

Recorded Webinar: Andrew Schwartz Presents to MSATP on CARES Act: Paycheck Protection Program

Stein Sperling business attorney Andrew Schwartz recently presented on the CARES Act: Paycheck Protection Program for the Maryland Society of Accounting and Tax Professionals. More on the Paycheck Protection Program can be found here. You…

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Forbes

April 6th, 2020

Mark Schweighofer interviewed in Forbes on CARES Act

Micah Solomon Senior Contributor with Forbes.com, interviewed Tax and Business attorney Mark Schweighofer on the Paycheck Protection and Economic Injury Disaster Loan programs. In Solomon’s article, “Free Money for Small Business: Two Loans You May…

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March 27th, 2020

Paycheck Protection Program

UPDATED: 4/3/2020: The SBA has issued interim final rules for the Paycheck Protection Program. Based on the Paycheck Protection Program Fact Sheet for Borrowers issued by the SBA on 3/31/2020, some of the information in this 3/27/2020 article…

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The Doctrine of Impossibility

March 25th, 2020

The Doctrine of Impossibility/Frustration of Purpose

While a force majeure clause in a contract likely does not excuse the obligation to pay rent or other monetary obligations under a contract, parties to contracts are currently looking for other possible defenses to…

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force majeure

March 19th, 2020

The Impact of Planning and Forgotten Contract Clauses – Understanding “Force Majeure” aka “the Act of God” clauses in the new COVID-19 World

COVID-19 has caused many to review their contracts and look at what to do in a the new COVID-19 world. “Force majeure” aka “Act of God” clauses are provisions that explain to parties what happens…

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Washington Region

March 5th, 2020

Home Sweet Home: Choosing the Right State(s) to Form and Operate Your Business

When forming a new business, one of the first questions typically asked is: In which state should the business be formed? An Internet search suggests that the best place to form a new business may…

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