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Spotts Fain

Corporate and Business

PPP Loans: Frenetic Fixes and Forgiveness

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The rules related to Payroll Protection Program (“PPP”) loans are confusing. This article provides a summary and, hopefully, some clarity.

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Summary of the Paycheck Protection Program Created in the CARES Act

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The Paycheck Protection Program was created as part of the CARES Act to relieve small businesses impacted by the Coronavirus pandemic.

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Impacts of the Federal Legislative Relief Packages on Small Businesses

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The CARES Act is a stimulus package, which provides over $349 billion for the Small Business Administrationto guarantee loans to small businesses

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Regulations for the Paycheck Protection Program Provide Clarity and More Questions

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This article will summarize the guidance given in the interim rule released on Paycheck Protection Program.

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COVID-19 and the "Material Adverse Change" Clause

Posted on by Neil E. McCullagh

Due to the COVID-19 pandemic, our firm has received a number of inquiries about “force majeure” and “material adverse change” contract clauses.

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Pandemics and Contractual Performance: Force Who?

Posted on by David V. DuVal

Individuals and businesses should review their contracts to determine if a "Force Majeure" clause is included in a contract.

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