Posts by Charles McCauley
Alert: The Paycheck Protection Program Is Now Accepting First Draw and Second Draw Applications
The Small Business Administration (“SBA”) reopened the Paycheck Protection Program (“PPP”) for First Draw PPP loans and is now also…
Read MoreSBA To Require PPP Borrowers of $2 Million or More to Provide Documentation to Support Certification of Necessity Due to Economic Uncertainty
The U.S. Small Business Administration (“SBA”) recently posted a notice seeking comment on draft Loan Necessity Questionnaire Form 3509 (For-Profit…
Read MoreIn Delaware – Is Your Business “Essential” or Not? A Deep Dive With Our Guidance
Practice Group: Business Law & Transactions
In response to the Coronavirus pandemic, most of us know that governments have ordered certain businesses to close. Delaware Governor John C. Carney declared a State of Emergency starting on March 13, 2020 and has since updated it multiple times, most recently on March 22. On March 22, the Governor ordered Non-Essential Businesses to…
Read MoreNew Jersey Law Permits Pass Through Entities to Bypass the Federal Cap on State and Local Tax Deductions
New Jersey has passed legislation to limit the impact of the $10,000 cap on state and local tax (“S.A.L.T.”) deductions…
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