All the latest firm news and industry updates from Whiteman Osterman & Hanna.

PPP Loans - Flexibility Amendment.pdfThe federal government enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. One of the core pieces of the CARES Act is the provision of hundreds of billions of dollars for small businesses through federally-backed loans under an expanded Small Business Administration (SBA) [...]

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PPP Loan Forgiveness Application.pdfThe federal government enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which is designed to provide financial relief to American businesses in response to the economic fallout from the efforts to stem the coronavirus (COVID-19) pandemic. One of the core pieces of the CARES Act is the provision of hundreds of billions of dollars for small businesses through federally-backed loans under an expanded Small Business Administration (SBA) [...]

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Plan Now For Reopening to Avoid Employee Claims Later.pdfOn May 4, 2020, New York State Governor Andrew Cuomo confirmed that as regions begin to reopen, businesses must have a reopening plan that will include certain measures to help lower the risk of the spread of COVID-19 infections. The reopening plan must address: An adjustment of workplace hours and arrangements, if needed, to reduce workplace density; The implementation of workplace social distancing measures; The [...]

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Received PPP Funding - Now What.pdfWith PPP funds now issued, employers are starting to bring employees back to work. This process is not always easy, however, and many employers are faced with the possibility that employees will refuse to return to the workplace. So, what to do if an individual refuses to come back to work? What impact will that refusal have on an employer’s PPP loan forgiveness? On May 3, 2020, the Department of Treasury confirmed that while employers must meet the [...]

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Presidential Proclamation Suspending Entry of Immigrants, Alleging Risk to U.S. Labor Market.pdfOn Wednesday, April 22, 2020 the President issued a “Proclamation Suspending Entry of Immigrants Who Present Risk to the U.S. Labor Market During the Economic Recovery Following the COVID-19 Outbreak.” The Proclamation takes effect at 11:59 PM EDT tonight, has a duration of 60 days, and will expire on June 22 if not renewed. It can be read in its entirety at [...]

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