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Foreign Investors Looking to Invest in a U.S. Partnership Engaged in a U.S. Business – Complexities and Delays Abound
This content has been archived. It may no longer be relevantMany foreign businesses and individuals planning on setting up or investing in a U.S. partnership or multimember LLC (“U.S. partnership”) that will be engaged in an active business in the U.S., have the following questions: What are U.S. tax consequences as a foreign investor into…
Gov. Cuomo’s Travel Order is Expansive But Has No Bearing on PA and NJ Employees
On October 30, 2020, Governor Cuomo issued Executive Order 205.2. This Order sets out fairly strict travel protocol for anyone traveling to and from the state of New York. Companies with a presence in New York, or with employees living and working in New York should be aware of these travel restrictions. Briefly, the restrictions…
OK at Work: Independent Contractors
Offit Kurman attorneys Russell Berger and Sarah Sawyer sit down for another episode of OK at Work to discuss independent contractor classification developments in California and nationwide. Determining whether an individual is a contractor instead of an employee has never been a straightforward or easy task, and now there are new things to consider. Watch…
What is a Close Contact?
Many employers have COVID Policies and Procedures explaining what employees must do when they are in Close Contact with a confirmed case of COVID. As the days get shorter and colder, it is important that businesses have a clear idea of what a “Close Contact” actually is. In some instances, an employee may claim to…
Association Answers: North Carolina Appellate Cases Could Impact Enforceability of HOA Restrictions
There are currently three cases pending before the Court of Appeals all asking the same question: does the North Carolina “Marketable Title Act” invalidate planned community restrictive covenants that are more than 30 years old? In 1973, the Legislature enacted Chapter 47B, which is the North Carolina Marketable Title Act. The Act’s stated purpose is:…
Read & Share: The 25 Largest Private Equity Firms in One Chart
The 25 Largest Private Equity Firms Since 2015 Frequent the business section of your favorite newspaper long enough, and you’ll see mentions of private equity (PE). Maybe it’s because a struggling company got bought out and taken private, just as Toys “R” Us did in 2005 for $6.6 billion. Otherwise, it’s likely a mention of a…
NJ Earned Sick Leave Law Puts All Employers on the Hook for COVID Related Leave
As we all know, the Families First Coronavirus Response Act (“FFCRA”) Leave is set to expire on December 31, 2020. As explained in previous blogs, the FFCRA applies to employees with less than 500 employees. Employers must be aware that some state and local laws account for COVID related leave. Some local laws may implicate…
PA Department of Health Updates Recommended Quarantined States (Nov. 6, 2020)
On November 6, 2020, the Pennsylvania Department of Health revised the Quarantine State List to include: Alabama, Alaska, Arkansas, Indiana, and Missouri. Texas was removed from the list. The List as of November 6, 2020 is as follows: Alabama Alaska Arizona Arkansas Colorado Connecticut Florida Georgia Idaho Illinois Indiana Iowa Kansas Kentucky Massachusetts Michigan Minnesota…
SBA 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 Borrowers) and Form 3510 (Non-Profit Borrowers) to be used by the SBA to review Paycheck Protection Program (“PPP”) forgiveness applications. The SBA claims that the purpose of the necessity questionnaire is to facilitate the collection…
This Week in Real Estate: Ten Things Every Delaware Residential Landlord Should Know
In a previous edition of This Week in Real Estate, we explored, generally, what landlords should know, in order to be successful with rental properties. This edition focuses on Delaware landlords and with respect to Delaware law, specifically to residential tenants. Become familiar with the Delaware Landlord Tenant Code. You can obtain a summary of…