Paycheck Protection Program: Allocability of Nonpayroll Costs to Your Business
The SBA, in consultation with the Treasury, released another set of interim final rules, dated August 27, 2020 regarding forgivable costs under the Paycheck Protection Program.
Shop Smart, Shop Savvy, SHOP SAFE
To combat the growing trend of phony goods, a new bipartisan bill was presented to the U.S. House of Representatives earlier this year – titled “Stopping Harmful Offers on Platforms by Screening Against Fakes in E-Commerce” or the SHOP SAFE Act.
Jennifer Mazawey Pens Timely Article "Career Development in an Uncertain Time"
Firm Partner and CREW NJ Past President Jennifer Mazawey recently penned an article in the CREW Network publication entitled, "Career Development in an Uncertain Time."
Separate PPP Loan Forgiveness FAQs Now Released
The Small Business Administration (in consultation with the Department of the Treasury) has issued a separate set of FAQs to deal with the forgiveness component of the Paycheck Protection Program.
New Permit Extension Act Enacted in Response to COVID-19
As the COVID-19 pandemic continues to significantly affect all aspects of the real estate industry, the legislature of the State of New Jersey has passed amendments to the Municipal Land Use Law (the “MLUL”), codified at N.J.S.A. 40D:55-1, et. seq. The amendments contained in Assembly Bill A-3919 (the “Law”) will have a significant effect on pending real estate projects, both those that have received land use approvals and those with pending applications before municipal land use boards.
Will You Be Immune to COVID-19 Lawsuits?
As businesses and institutions of higher education begin returning to in-person work or instruction, entities continue to grapple with reopening and the probability of infection despite following all current health guidelines. The evolving guidance from health officials, the federal, state and local governments means that businesses and institutions will be constantly monitoring and updating procedure and protocols in response to the public health emergency.
Paycheck Protection Program: More Interim Rules Issued by SBA
New Rules to Align with the Flexibility Act; Implications of EID Loans for Payroll Costs
On June 22, 2020, the SBA issued another set of interim final rules to conform earlier issued rules with the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”). Specifically, these rules revise the interim final rules issued on June 1, 2020 regarding loan forgiveness and the SBA’s loan review procedures.
EMPLOYEES COVID-19 RELATED COMPLAINTS IN NEW JERSEY
What We are Seeing
The pandemic brought pandemonium to many New Jersey workplaces. With the second largest outbreak in the country only behind New York, and being the most densely populated state in the country, New Jersey was hit particularly hard by the pandemic giving rise to a number of employee suits.
COVID-19 "EZ" Loan Forgiveness
New Forms for Paycheck Protection Program Loan Forgiveness
The SBA has released a revised version of the previously issued Paycheck Protection Program Loan Forgiveness Application, updated to reflect changes effected by the Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”), enacted into law on June 5, 2020.
Paycheck Protection Program: New Interim Final Rule
New Set of Interim Final Rules Released as of June 11, 2020
Please note that another set of interim final rules has been released, amending the first interim rules, for the Paycheck Protection Program, to reflect modifications effected by the Paycheck Protection Program Flexibility Act of 2020 enacted on June 5, 2020.