If you own or manage an entity that is domiciled in or registered to do business in the Commonwealth of Pennsylvania, please be aware that your entity may be required to file a Decennial Report with the Pennsylvania Department of … Read more
Many real estate investors have learned to take advantage of the liability protections afforded through the ownership of an investment or rental property with partners under a limited liability entity, such as an LLC. However, such investors often do not … Read more
Steven P. Roth and Christyan A. Telech, attorneys with our Business and Finance Department, were recently successful in representing a corporate client through an 18 month long workout, restructuring and refinancing, which involved taking out multiple floorplan lines of credit … Read more
This week, the Biden administration announced changes designed to make funding available through the Paycheck Protection Program (“PPP”) more accessible to small businesses.
Beginning today, Wednesday, February, 24, 2021, businesses with less than 20 employees have an exclusive, 2 week … Read more
The Small Business Administration (“SBA”) has recently reopened the Paycheck Protection Program (“PPP”). PPP funds are available to certain entities which have not previously received a PPP Loan and to qualifying entities which have previously received a PPP Loan.
Applicants … Read more
On Thursday, December 10th, Governor Wolf’s Administration ordered that restrictive measures be put in place to combat COVID-19, including: (i) prohibiting restaurants and bars from serving customers indoors; (ii) requiring all businesses to conduct in-person operations at 50% of the … Read more
The popular Paycheck Protection Program (the “PPP”) administered by the Small Business Administration has been extended for another five weeks, postponing the June 30th deadline for PPP loan applications until August 8th. Since the PPP began, more than 4.8 million … Read more
On June 12th, Governor Tom Wolf announced that eight more counties, including Luzerne County, will move to the green phase of reopening under the Governor’s Process to Reopen Pennsylvania on June 19th. Although certain restrictions aimed at combating COVID-19 are … Read more
Restaurant and Bar Owners: Governor Wolf has announced that, beginning on June 5th, restaurants and retail food service businesses located in counties in the “yellow phase” of the Process to Reopen Pennsylvania are permitted to add dine-in service in outdoor … Read more
As businesses prepare for their respective counties to reopen in accordance with Governor Wolf’s Process to Reopen Pennsylvania, owners should closely review the guidance issued by the Commonwealth concerning the requirements that must be addressed as businesses resume in-person operations … Read more