Paycheck Protection Program (PPP) vs Full Economic Injury Disaster Loan (EIDL) We previously sent out a notice that, under the CARES Act that was just passed, borrowers can receive $10,000 in an emergency grant cash advance (an “Advance”) as part of the Economic Injury Disaster Loan (EIDL). While the Advance will still be forgiven if …
Will COVID-19 Excuse Contractual Nonperformance? The first step in answering this question is to look at your contract and determine if it contains a force majeure provision. A force majeure provision will excuse a party from nonperformance of a contractual obligation when the nonperformance is caused by unforeseen circumstances. Whether a party will be excused …
The CARES Act The US government has just passed the CARES Act to help small businesses (under 500 employees) stay afloat. You should consider applying for a $10,000 SBA Economic Injury Disaster Loan (EIDL). SBA Economic Injury Disaster Loan (EIDL) The CPAs we work with recommend it for all small businesses – but please consult …
Shareholder Donna Yarborough contributes to another successful 2020 North Texas Probate Bench Bar Congratulations to Donna J. Yarborough for her contributions to the 2020 North Texas Probate Bench Bar, which was held at the Gaylord Texan Hotel in Grapevine, Texas on March 4–6. Donna was co-chairman of this year’s event. The probate bench bar was …
by Ron Holmes, 20 Feb 2020. Despite burdensome regulatory restrictions in certain cities in which we are representing developers (e.g., Austin and San Francisco), we continue to see strength across the real estate spectrum in the Texas major cities and both Coasts. We are assisting in the development of two projects of particular regulatory note. …
Part 1 of a 3 part series – by Donna J. Yarborough. It is always wise to be proactive in handling or preparing for the future. You never know what life has in store, but if you take these simple steps, you will not only protect yourself and your family, your preparedness will keep you …
by Ron Holmes. The London Interbank Offered Rate (LIBOR) has been the go-to reference rate for trillions of dollars in real estate secured loans, and other loans. In the real estate industry, it is “the” alternative index rate for floating rate loans. That is changing. As a result of the rate rigging scandal that surfaced …
By Scott A. Meyer. We’ve all seen the Peloton exercise bike commercials with the physical fitness models laughing and enjoying their way to perfect bodies using Peloton equipment. Unfortunately for Peloton Magazine, they weren’t paying attention enough. While obtaining a trademark registration with the United States Patent & Trademark Office (“USPTO”) is basically required in …
We are excited to announce that Scott A. Meyer has joined the firm as a shareholder to lead the firm’s corporate and intellectual property practice. Scott’s corporate practice includes entity formation, operational agreements, sales, acquisitions and mergers of businesses, corporate governance and employment matters. His intellectual property practice includes trademark, licenses and various service agreements …
By Ron Holmes I don’t know about you, but I know a down cycle is coming. Also, just like you, I have no idea when that is going to occur. However, it does not appear a down cycle is in the immediate forecast. Notwithstanding trade tariffs, The Hill turmoil, continuing Middle East issues, acts of …