President Biden recently signed the Bankruptcy Threshold Adjustment and Technical Corrections Act (the “Adjustment Act”), which restores the $7,500,000 debt…
Advisories
NYC Open Restaurants Update
As you’ve no doubt heard, the New York City Council voted on February 24, 2022, to amend the Zoning Resolution…
Client Alert: LIBOR and the New Year
As of January 1, 2022, the US London Interbank Offered Rate, or LIBOR, can no longer be used for new…
Client Alert: New York Expands Whistleblower Protections – November 24, 2021
On October 28, 2021, New York Governor Kathy Hochul signed legislation (S.4394-A/A.5144-A) that significantly expands protections for workers who engage…
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 – SBA Releases Information and Sample Application for Restaurant Revitalization Fund – April 19, 2021
On Saturday, April 17, 2021, the Small Business Administration (“SBA”) released new commentary for the Restaurant Revitalization Fund (“RRF”), including…
Client Alert – Recent WARN Decision Raises Specter of Protracted Litigation – April 6, 2021
Under the Worker Adjustment and Retraining Notification Act (WARN) Act and similar state “mini-WARN” statutes, employers with 100 or more…
Client Alert – Restaurant Revitalization Grants – Draft Application Now Available – April 15, 2021
Although the Small Business Administration (SBA) still has not announced when it will begin accepting applications for Restaurant Revitalization Grants…
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…