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Many of the attorneys in the Law Firm Alliance author articles and thought leadership pieces on important topics and trends covering a wide variety of practices.  

While these articles are correct on matters of law when they are produced, verdicts, rulings, legislation and other actions may affect the applicability of some of the information. Please consult your legal advisor before making decisions on the information you read here.

Articles

"Do I Need to Return My PPP Loan?" SBA Extends Safe Harbor Deadline to May 18

May 6, 2020
Will Durr, Ward and Smith, P.A.

This article addresses a specific borrower certification, “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” 


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Strict Reporting Requirements and Taxability Information for Emergency Financial Aid Grants to Students

May 6, 2020
Monica C. Barrett, Jane M. Sovern, Philip J. Zaccheo - Bond, Schoeneck & King PLLC
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SCOTUS Declines to Take On PA Businesses’ Challenge to Gov. Wolf’s Shutdown Order

May 6, 2020
Gaetano Piccirilli and Travis Dunkelberger, SCOTUS Declines to Take On PA Businesses’ Challenge to Gov. Wolf’s Shutdown Order

A group of Pennsylvania businesses lost their bid to have the Supreme Court of the United States (SCOTUS) address the validity of Governor Wolf’s March 19 executive order compelling all non “life-sustaining” businesses to close as part of the State’s efforts to prevent the spread of COVID-19.


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COVID-19 AND REOPENING BUSINESSES IN ARIZONA

May 6, 2020 Jennings,Strouss & Salmon, P.L.C. - Real Estate Blog
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The Risk of Government Investigations and Potential Liability Under the Paycheck Protection Program

May 5, 2020
Suzanne O. Galbato, John D. Clopper, Mary P. Moore - Bond, Schoeneck & King PLLC
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The “Uncertainty” of the Paycheck Protection Program Economic Uncertainty Certification

May 5, 2020
Elizabeth L. Lehmann, Kate Chmieowiec, Jeffrey B. Scheer - Bond, Schoeneck & King PLLC
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SBA Extends Safe Harbor PPP Loan Repayment Deadline

May 5, 2020
David J. Gundlach, Sands Anderson PC

There has been much confusion and anxiety regarding the Paycheck Protection Program (PPP) loans because of the changing and incomplete guidance provided by the Small Business Administration (SBA) and the related threats of audits and penalties from the Secretary of the Treasury in the media. Some borrowers of PPP loans may want to assess whether to avail themselves of the limited safe harbor provided by the Interim Final Rule on Requirements for Promissory Notes, Authorizations, Affiliation, and Eligibility (originally posted 4/24/2020) (“Interim Rule”).


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