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Category Archives: Covid 19

Good Things Happening in Response to COVID-19

We wanted to highlight one of our clients who is diverting their normal business operations to manufacture badly needed equipment used to care for those stricken with COVID-19. Maingear, Inc., a high end producer of PCs, is manufacturing  ventilators which are in high demand and critical to caring for individuals compromised by COVID-19.  For more…
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If You Are Seeking a Loan Under the CARES Act, Compliance is Key

The Coronavirus Aid, Relief, and Security Act (“CARES Act”) will provide billions of dollars in loans and assistance to the private sector.  This will include loans for payroll and operating expenses under the Paycheck Protection Program (“PPP”) and economic injury disaster loans (“EIDL”).  However, companies seeking to take advantage of the relief provided under this…
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4-3-2020 UPDATE – SBA Documentation Checklist and Paycheck Protection Program Treasury Guidance Update

***** 4-3-2020 Update ***** REQUIRED DOCUMENTATION TO BE SUBMITTED IN ORDER TO OBTAIN PPP LOAN You must submit specific documentation  with your PPP loan application in order to be reviewed and potentially accepted.  Find the list here: Documentation List. Key Points from the U.S. Treasury Guidance Background:  On April 1, 2020, the U.S. Department of the Treasury released guidance…
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DISPUTE RESOLUTION IN LIGHT OF COVID-19 RELATED COURT SUSPENSIONS

Our local court systems have been unprecedently affected by COVID-19 just like other resident businesses.  New Jersey Supreme Court Chief Justice Stuart Justice Rabner entered an order on March 27, 2020 that provides procedural and logistical guidance on the suspension of certain court proceedings in the New Jersey State courts.  As of March 22, 2020,…
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