Insights

In a blog post we published last week, we discussed the U.S. Small Business Administration’s (the “SBA”) issued revised criteria for states (or territories) seeking an “economic injury declaration” related to COVID-19, which were released on Tuesday, March 17, 2020. The SBA expected the revised criteria would…
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Late on Tuesday, March 31, 2020, the Small Business Administration (the “SBA”) updated their site with further information regarding 7(a) Loans under the Paycheck Protection Program. After the passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) on Friday, March 27, 2020,…
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  The recently passed Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) has important provisions for small businesses under what is called the “Paycheck Protection Program,” which addresses temporary changes to 7(a) loans  [P.L. 116-136.] Under the program, the Small Business Administration (“SBA”) will…
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The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act includes two very important payroll tax provisions: an Employer Payroll Tax Delay and an Employee Retention Payroll Tax Credit. Employer Payroll Tax Deferral What it is: For the remainder of the year, employers may elect to…
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The latest strain of coronavirus, COVID-19, has many wondering about potential force majeure claims. Please note that the following research is based on Missouri law so to the extent another state governs a party’s contract, this analysis may change. What is a Force Majeure Clause?…
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In order to minimize disruption to small businesses, on Tuesday, March 17, 2020, the U.S. Small Business Administration issued revised criteria for states (or territories) seeking an “economic injury declaration” related to COVID-19. A state’s governor must seek, and the SBA must issue, an economic injury declaration in…
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Most health experts agree that social distancing is essential to minimize the spread of the novel coronavirus during the early stages of the pandemic.  This article points out some of the dilemmas healthcare professionals will likely face. 1918 Influenza in Missouri In 1918, St. Louis…
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