A historic change in New York competition law is potentially on the horizon: entering into non-compete agreements may become unlawful.…
Fifth Circuit Enjoins U.S. DOL’s “80/20/30” Rule for Tip Credit Wages
On April 28, 2023, the U.S. Court of Appeals for the Fifth Circuit reversed a decision by the Western District…
Client Alert – SBA Announces COVID EIDL Increases and Other Changes – September 20, 2021
Earlier this month, the Small Business Administration (“SBA”) announced changes to its COVID Economic Injury Disaster Loan Program (“COVID EIDL”).…
Client Alert – SBA Unveils Restaurant Revitalization Fund Application Portal – April 28, 2021
On April 27, 2021, the Small Business Administration (“SBA”) hosted a webinar in which it provided information concerning the Restaurant…
Client Alert – The Made in America Tax Plan – April 1, 2021
On March 31, President Biden announced “The Made In American Tax Plan” (the “Biden Tax Plan”) to fix the corporate…
Client Alert – U.S. Congress Passes American Rescue Plan, Which Includes Grant Program for Restaurants – March 10, 2021
Earlier today, the House of Representatives approved the Senate’s version of the $1.9 trillion American Rescue Plan, which includes a…
Client Alert: Carried Interest Regulations Finalized – January 25, 2021
Section 1061 of the Internal Revenue Code generally recharacterizes long-term capital gains attributable to certain carried interests (“applicable partnership interests”…
Client Alert – January 14, 2021: SBA to Open PPP Portals Tomorrow and Tuesday
The Small Business Administration has announced that it will open its Paycheck Protection Program (“PPP”) loan portal to eligible lenders…
Client Alert: Small Business Administration Releases Guidance on First Draw and Second Draw PPP Loans – January 11, 2021
On January 8, 2021, the Small Business Administration (SBA) released a series of documents relating to the Paycheck Protection Program…
Client Alert: Beware of Payment Instructions over Email – January 11, 2021
We have been seeing a growing trend of a criminal cyber-fraud scheme affecting large and small businesses, individuals and banks,…