Did You Form Your Business Entity Under Delaware or Another State’s Law? Did You Start Your Business Somewhere Else and Move it to Ohio?

Due to variations in tax, insurance, and other business-related laws, some limited liability companies choose to form their entity in a state other than Ohio even though primary operations are here. For example, Delaware, historically, has been considered to have business-friendly laws and many entities are formed there even though the business operates primarily or…

CDC ISSUES RESIDENTIAL EVICTION MORATORIUM

On Friday, September 4, 2020 the Department of Health and Human Services, Centers for Disease Control and Prevention will publish an order that is certain to create obstacles for landlords when pursuing residential evictions..  Pursuant to 42 U.S.C. 264 and 42 C.F.R. 70.72, the CDC will order that a landlord owner of a residential property…

Paycheck Protection Flexibility Act Changes the Rules

New PPP Rules Provide Employers with More Options                                                                                                 On June 5, 2020, the President signed the Paycheck Protection Flexibility Act (PPF) which loosens many of the requirements for existing and future borrowers to obtain forgiveness on Paycheck Protection Program (PPP) loans.  The law takes effect immediately and clarifies that the deadline to apply for a…

SBA Extends Deadline for Repayment of PPP Loans

The Small Business Administration (SBA) extended the repayment deadline for Payroll Protection Program (PPP) for businesses that initially took a PPP loan, but did not meet the self-certification requirements at the time that they applied for the loan.  The deadline is now automatically extended from May 7, 2020, to May 14, 2020. Companies that were…

Free Webinar: I got my PPP Loan – Now what?

With the constant changes due to COVID-19, business owners and employees alike are trying to figure out how to navigate the Paycheck Protection Program and related laws. Join us for a 1-hour webinar on Wednesday, May 6th at 2:30pm EST, to answer some of the most common questions. Presentation by Brixey & Meyer and Pickrel,…

Does your Firm or Business have a Potential Business Interruption Claim?

            Shelter in place closures orders have impacted numerous businesses throughout Ohio.  While some may have been able to adapt or operate having been declared “essential” many others have been significantly impacted.  A question for every impacted business is likely whether any relief may be available under the entities business interruption coverage, or whether they…

U.S. DEPARTMENT OF LABOR UPDATES REGARDING EMPLOYER PAID LEAVE REQUIREMENTS UNDER THE FFCRA

In response to the COVID-19 health emergency, Congress passed the Families First Coronavirus Response Act (FFCRA), which provided for mandatory Expanded Paid Sick Leave (EPSL) and Expanded Family Medical Leave (EFMLA) for employees of businesses with fewer than 500 employees.  The U.S. Department of Labor (DOL) has assembled and continues to update several resources for…

President Signs “Cares Act” – passed by US House and Senate

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the following list may not be exhaustive, here are just a…

President Signs "Cares Act" – passed by US House and Senate

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the following list may not be exhaustive, here are just a…