Good News! You were one of the select few that received a PPP loan and you are ready to close, or just recently closed. As you should already be aware, over the next eight weeks, your expenditures are going to be essential in determining whether you will receive forgiveness of some portion, or the entire loan. While there are currently only a few rules to follow, everyone is expecting (and hoping) that additional information will follow because what is known to this point leaves lots of holes. We are recommending the following to our clients: Create a new bank account or at least isolate the loan money from other funds. […]
Category: Business Law
Businesses struggling to maintain employment during the COVID-19 outbreak are being offered relief in the form of the Paycheck Protection Program, headed by the Small Business Administration. The program offers loans to small businesses, and we at RLF would like to share a PDF version of the application. As always, our legal experts are available to answer your questions and concerns. Stay safe, San Antonio.
On March 18th, the Senate passed the Families First Coronavirus Response Act (FFCRA) previously passed in the House. This bill will provide benefits to employees and employers amidst the COVID-19 outbreak and subsequent closures of businesses around the country. Our colleagues at Inc. have published a useful article, linked below, on the new FFCRA bill and how it will affect your business. https://www.inc.com/suzanne-lucas/what-senates-passage-of-families-first-coronavirus-response-act-means-for-you.html If you’re looking for more sound legal advice for running your business, visit our Business Law page to see what we’ve helped our clients achieve for their businesses, and learn more about what RLF can do for yours.
Let’s face it: getting the office together for a meeting isn’t always easy. But when moving your team to working from home, or just for offices with long-distance employees in general, the challenges of meeting online compound. Our colleagues at the Harvard Business Review have put together some rules to help team leaders get their meetings accomplished online and without all the stress. Read the full article below: https://hbr.org/2020/03/how-to-get-people-to-actually-participate-in-virtual-meetings?utm_medium=email&utm_source=newsletter_weekly&utm_campaign=insider_activesubs&utm_content=signinnudge&referral=03551&deliveryName=DM72572 If you’re looking for more sound legal advice for running your business, visit our Business Law page to see what we’ve helped our clients achieve for their businesses, and learn more about what RLF can do for yours.
THE RIVARD REPORT JUDGE BLOCKS SAN ANTONIO’S PAID SICK LEAVE ORDINANCE WRITTEN BY SHARI BIEDIGER Judge Peter Sakai on Friday granted a temporary injunction to local business groups, blocking the City of San Antonio once again from implementing its paid sick leave ordinance. Sakai ordered that a trial date be set as soon as possible. In civil cases, that requires all parties in the case to coordinate with the court clerk to choose a date, which could delay the matter for months. The Sick and Safe Leave Ordinance would have required all employers to provide one hour of paid sick leave for every 30 hours worked starting Dec. 1. “At […]