The CARES Act established the Paycheck Protection Program (“PPP”) under Section 7(a) of the Small Business Act (Section 7(a)) to provide forgivable loans that are fully guaranteed by the Small Business Administration (“SBA”) in order to aid qualified small businesses to keep workers on the Continue Reading
McCarter Achieves Significant Win In the Delaware Supreme Court for Overstock.com
McCarter attorneys recently achieved a significant victory in the Delaware Supreme Court when the Court unanimously reversed a multi-million dollar judgment in a unique case involving both Delaware escheat law and a qui tam action. On June 24, 2020, the Court unanimously reversed a Continue Reading
Trump Suspends Immigration to Remove “Competition” From U.S. Unemployed
Citing the overall unemployment rate in the United States, President Trump issued an expanded version of Proclamation 10014, titled “Suspension of Entry of Immigrants Who Present a Risk to the United States Labor Market During the Economic Recovery Following the 2019 Novel Coronavirus Outbreak.” Continue Reading
Ten Key Leasing Considerations Resulting from the COVID-19 Pandemic
As businesses adjust to the complications presented by the COVID-19 pandemic, landlords and tenants must now take even greater care when entering into leases. Tenants may demand greater flexibility in leases should a public health emergency interrupt their businesses and impact profitability, and Continue Reading
Good News for Businesses Damaged During Riots: Insurance May Cover Your Losses
During the days and weeks following the death of George Floyd at the hands of Minneapolis police officers, protests erupted in every state across the country. Although most of these protests remained peaceful, there were instances of criminal misconduct and property destruction, such as the breaking Continue Reading
Flexibility Act Significantly Improves the Paycheck Protection Program
UPDATE: On June 5, 2020, the Paycheck Protection Program Flexibility Act (H.R. 7010) (the Flexibility Act) was signed into law, and on June 11, 2020, the Small Business Administration (SBA) released a revised interim final rule (Revised Rule) to address changes made by the Flexibility Act. The Continue Reading
Outdoor Seating: Special Ruling of NJ ABC Director
Beginning on June 15, limited outdoor seating will be allowed for New Jersey establishments with on-premises consumption licenses and permits to serve alcoholic beverages. To accomplish this statewide change, the Director of the New Jersey Division of ABC (the “NJ ABC”) created a temporary permit Continue Reading
New Jersey Makes Sweeping Changes to Independent Contractor Laws
New Jersey Governor Phil Murphy last week signed into law several bills aimed at combating the misclassification of workers as independent contractors rather than as employees. The new enactments expand the authority of the New Jersey Department of Labor and Workforce Development (DOL), create new Continue Reading
House Bill Provides Significant Improvements to the PPP
UPDATE: The Paycheck Protection Program Flexibility Act became law on June 5, 2020. All of the improvements noted in this alert are therefore operative. On May 27, 2020, the U.S. House of Representatives overwhelmingly approved a bill which if enacted into law would make the Paycheck Protection Continue Reading
USCIS Resumes Premium Processing for Certain Petitions
U.S. Citizenship and Immigration Services (USCIS) announced that it will resume premium processing for Form I-129, Petition for a Nonimmigrant Worker, and Form I-140, Immigrant Petition for Alien Workers, in phases over the next month. The service has been unavailable since March 20 due to the Continue Reading