COVID-19 Update: Business Interruption Insurance Coverage and Force Majeure Clauses – A Year Later

COVID-19 Update: Business Interruption Insurance Coverage and Force Majeure Clauses – A Year Later

Written collaboratively by Christopher McHattie, Courtney Allen, Michael Gattoni and Natalie Keller Way back in March 2020 … when the “pandemic” and “shut downs” were getting into full swing, we wrote a couple of articles Business Interruption Insurance – What Does it Cover? (directed to the impact COVID-19 on those types of claims) and Coronavirus, Read more about COVID-19 Update: Business Interruption Insurance Coverage and Force Majeure Clauses – A Year Later[…]

PPP – The Sequel

PPP – The Sequel

The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the “Act”) – the New PPP The long awaited $900 billion pandemic relief bill, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the “Act”), has now been signed into law. In addition to another round of stimulus checks for Americans earning Read more about PPP – The Sequel[…]

Being a Proactive Employer Can Help Reduce Covid-19 Liability

Being a Proactive Employer Can Help Reduce Covid-19 Liability

The implications of the COVID- 19 pandemic on the workplace have without a doubt been catastrophic. As we enter a phase of reopening and returning to offices, stores, and any other place of business, there are a lot of considerations to be made by both employers and employees. Though there are talks of both state Read more about Being a Proactive Employer Can Help Reduce Covid-19 Liability[…]

NJ COVID-19 Economic Relief – Small Business Emergency Assistance Grant Program Phase 3

NJ COVID-19 Economic Relief – Small Business Emergency Assistance Grant Program Phase 3

The purpose of the Small Business Emergency Assistance Program – Phase 3 is to provide short-term, immediate payroll and working capital support to additional New Jersey SMEs that have been negatively impacted during the pandemic, thereby helping to stabilize their operations and minimizing any potential furloughs and/or layoffs. Under the initial phase of the program, eligibility Read more about NJ COVID-19 Economic Relief – Small Business Emergency Assistance Grant Program Phase 3[…]

Did You Receive a Paycheck Protection Program Loan? SBA Released the Application for Forgiveness

Did You Receive a Paycheck Protection Program Loan? SBA Released the Application for Forgiveness

Following up on our previous article, Your PPP Has “Hit the Account,” Now What?, the U.S. Small Business Administration (“SBA”) has now released its Paycheck Protection Program Loan Forgiveness Application. Those Small businesses who received the loan will be able to seek forgiveness at the end of the 8-week coverage period that began when the money “hit the account” by submitting the Read more about Did You Receive a Paycheck Protection Program Loan? SBA Released the Application for Forgiveness[…]

It’s a Shore Thing – NJ Beaches and Lakefronts Will Reopen for Memorial Day and Other NJ Covid-19 Updates

It’s a Shore Thing – NJ Beaches and Lakefronts Will Reopen for Memorial Day and Other NJ Covid-19 Updates

After months at home, we’re beginning to see a light at the end of the tunnel in New Jersey. Families cooped up inside can now wave hello to a little bit of freedom. Gov. Phil Murphy announced today that the Shore — and all lakes — will be open for Memorial Day weekend.  The Order Read more about It’s a Shore Thing – NJ Beaches and Lakefronts Will Reopen for Memorial Day and Other NJ Covid-19 Updates[…]

New USPTO Covid-19 Platform to Connect Patent Holders and Possible Licensees

New USPTO Covid-19 Platform to Connect Patent Holders and Possible Licensees

The United States Patent and Trademark Office (USPTO) launched a new web-based intellectual property marketplace platform, Patents 4 Partnerships, to provide the public with a user-friendly, searchable repository of patents and published patent applications related to the COVID-19 pandemic that are indicated as available for licensing. “Patents 4 Partnerships is a meeting place that enables patent Read more about New USPTO Covid-19 Platform to Connect Patent Holders and Possible Licensees[…]

Your PPP Has “Hit the Account,” Now What?

Your PPP Has “Hit the Account,” Now What?

Needless to say, the last few weeks have been a hectic, chaotic “roller coaster” for small businesses who are all trying to stay alive and understand and apply for the various relief programs that have been made available, including the SBA’s Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). If you’ve successfully “navigated” Read more about Your PPP Has “Hit the Account,” Now What?[…]

New Small Business Relief Bill Approved

New Small Business Relief Bill Approved

BREAKING: The Senate has approved an additional $480 billion coronavirus aid package that includes additional money in new funding for small businesses hurt by the outbreak. We are urging our clients, if they have not already applied, to IMMEDIATELY apply for the Paycheck Protection Program and/or the Economic Injury Disaster Loan.  Many missed the first round by moving too Read more about New Small Business Relief Bill Approved[…]