From Our Blog
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COVID-19
OSHA Update: COVID-19
- May 28, 2020
- By Marina Wilson
New guidance from the Occupational Health and Safety Administration (OSHA) regarding COVID-19 became effective on May 26, 2020. This new guidance rescinds and replaces the previous COVID-19 guidance issued on April 10, 2020, and is intended to be effective until further notice. Under the new guidance, a COVID-19 illness is a recordable incident that must be recorded […]
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COVID-19
SBA Publishes Interim Final Rules for Payroll Protection Program
- April 3, 2020
- By Tammy Scelfo
On April 2, 2020, the Small Business Administration (“SBA“) issued the Interim Final Rules (the “Rules”) for the Payroll Protection Program (the “PPP”), which are found at 13 CFR Part 120, to outline Sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Although there is a possibility the […]
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COVID-19
Louisiana Loan Portfolio Guaranty Program Announced
- April 1, 2020
- By Tammy Scelfo
Gov. John Bel Edwards in an April 1, 2020, press conference announced the Louisiana Loan Portfolio Guaranty Program (“LPGP”), which program is designed to compliment the federal Payroll Protection Program (“PPP”) and Economic Disaster Injury Loan Program (“EDIL”). The LPGP will offer loans to Louisiana small businesses impacted by the Coronavirus pandemic that employ less […]
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COVID-19
Quick Guide to Loans Available Due to the Coronavirus Pandemic
- April 1, 2020
- By Tammy Scelfo
Paycheck Protection Program (PPP) Under the CARES Act: Provides Loans to: an individual who is a sole-proprietor, independent contractor, and self-employed; a business with less than 500 full or part time employees or otherwise meets SBA size standard; 501(c)(3) nonprofit with less than 500 full or part time employees, as well as 501(c)(19) veteran’s organizations […]
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COVID-19
The Novel Coronavirus (COVID-19) and Performing Your Contractual Obligations
- March 30, 2020
- By Marina Wilson
As state and federal leaders increasingly implement restrictions on everyday life – including business functions – in an effort slow the spread of COVID-19, you may find yourself suddenly concerned about fulfilling your contractual obligations. In such a case, you may quickly begin to wonder whether you are protected from liability if you cannot perform […]
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COVID-19
Business Interruption Insurance and the Coronavirus (COVID-19)
- March 29, 2020
- By Marina Wilson
With the spread of COVID-19 in Louisiana, the governor has ordered business in Louisiana to close or greatly reduce operations. Many business owners have obtained insurance in order to protect their companies from losses associated with business interruptions. This coverage may be something you specifically requested, or may be included as part of your broader […]
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COVID-19
Express Loan Changes Under the CARES Act
- March 29, 2020
- By Marina Wilson
The CARES Act is the recent legislation targeted to providing assistance to those impacted by COVID-19. The legislation includes changes to several existing programs including the existing SBA Express Loan program. While the specifics of the changes and administration of the program will become more clear in the coming weeks, there is some limited information […]
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COVID-19
Navigating Payroll through COVID-19 – Resources for Employers
- March 29, 2020
- By Laura Johnson
With the recent changes to the work environment, there are numerous questions for employers regarding payroll obligations and leave available to employees. Additionally, what resources and relief are available to employers? The following identifies three key resources available to help employers navigate through these challenging times. 1) Payroll Protection Loan Employers may be eligible for […]
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COVID-19
Paycheck Protection Program
- March 29, 2020
- By Tammy Scelfo
The Paycheck Protection Program (the “PPP”) component of the Stimulus Package expands an existing Small Business Administration (the “SBA”) 7(a) business loan program by providing funding for an additional $349 billion in loans to businesses impacted by the coronavirus pandemic. Specifically, business that employ 500 or fewer employees, sole proprietors, independent contractors, and other self-employed […]
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COVID-19
Need Financial Assistance Quickly? An Emergency Economic Injury Disaster Loan May Be What You Need
- March 29, 2020
- By Tammy Scelfo
One option for seeking financial relief under the Coronavirus Aid, Relief and Economic Security (“CARES”) Act is the Economic Injury Disaster Loans (“EIDLs”) program, which program is administered by the Small Business Association (“SBA”) and provides loans to small business, private non-profits, sole proprietors and independent contractors that were in operation on Jan. 31, 2020, […]
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COVID-19
What Your Business Needs to Know About the COVID-19 Stimulus Package
- March 28, 2020
- By Tammy Scelfo
For businesses that are shut down or operating at a reduced capacity due to the preventative measures ordered by the various local, state and federal governments, these are understandably very uncertain times that raise serious concerns, such as how will I pay rent and other operating expenses, how will I cover payroll, and will I […]
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COVID-19
COVID-19 Resources for Small Businesses – Family First Coronavirus Response Act
- March 20, 2020
- By Laura Johnson
What does your Business Need to Know about the Family First Coronavirus Response Act? Family First Coronavirus Response Act (H.R. 6201) passed late yesterday related to paid leave policies for employers. The law will take effect on April 2, 2020 and remain effective until December 31, 2020. There are certain key employment provisions that employers […]
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COVID-19
COVID-19 Resources for Small Businesses – Compliance with Employment Laws
- March 20, 2020
- By Laura Johnson
The Equal Employment Opportunity Commission (EEOC) recently released guidance to aid employers in navigating important questions regarding the COVID-19 pandemic. The guidance addressed compliance with workplace related decisions impacting the Americans with Disabilities Act and the Rehabilitation Act. The guidance from the EEOC answered the following critical questions for employers: How much information may an […]
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COVID-19
UPDATE: Coronavirus (COVID-19) Response
- March 19, 2020
- By Claire Oliver
While so much seems uncertain during the COVID-19 outbreak, we at Allen & Gooch want you to rest assured knowing we are as dedicated as ever to solving our clients’ legal needs. We are closely monitoring all local and national news outlets and have made health and safety our top priority. To that end, we have […]