Many Michigan businesses are up and running again after the shutdown, although now operating at a new norm. The active Executive Orders relating to COVID-19 contain safety and health workplace guidelines businesses are required to follow if open. Yesterday, the...
Whether you are a commercial landlord or tenant, COVID-19 has likely impacted your business. And in many cases here in Michigan it has specifically impacted the ability of tenants to pay rent while unable to operate their businesses. As such, many commercial landlords...
Last night the Senate passed a House bill that attempts to give recipients of PPP loans more flexibility in spending PPP loan proceeds. Assuming the President signs the bill, there are 5 main changes: recipients will have 24 weeks to use the PPP funds instead of 8,...
Banking on forgiveness of your Paycheck Protection Program (PPP) loan, that may not be your biggest problem…. remember the certifications in your PPP loan application? The SBA has decided that it will review all loans in excess of $2 million as well as other loans as...
On April 8, 2020, Governor Gretchen Whitmer signed Executive Order 2020-41 (the “Order”), which temporarily relaxes strict compliance with various state electronic transaction acts. According to the Governor, “[I]t is reasonable and necessary to provide limited and...
The Governor’s Stay at Home Order is now extended through April 30. Many nonprofit organizations will, at a minimum, need to conduct essential functions and board business during this time. How can this task be accomplished? Fortunately, Michigan nonprofit law...
The Great Recession is still fresh in many people’s minds. Those involved in the construction industry certainly recall how those economic problems resulted in tightening cash-flow and the demise of contractors such as Lamar Construction. The present crisis is causing...
Small businesses should be aware of the government backed relief programs available to them during the COVID-19 pandemic. Among the programs are Federal retention loans, debt relief and grants. The CARES Act (Senate approved on March 25, House approved on March 27)...
As you no doubt know by now, Executive Order 2020-21 suspended “activities that are not necessary to sustain or protect life.” The Order directs that no person or entity shall operate a business or conduct operations that require workers to leave their homes or places...
On Wednesday, March 18, 2020, the U.S. Senate approved, and President Trump signed, the “Families First Coronavirus Response Act” (the “FFCRA” or “Act”) into law. The Act becomes effective within 15 days on April 2, 2020. The Act addresses and responds to growing...