Lawful Thoughts®

Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes

Grocery Wars Are Back!

Posted on in RVA Grocery and Delivery Wars

The Richmond Region Grocery Wars continue. Here's the latest update.

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Virginia Employers Subject to Multiple New State Statutes

Posted on in Employment Law

This article summarizes multiple new state laws effective July 1, 2020 and thereafter in the Commonwealth of Virginia.

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Interagency Statement on Loan Modifications for Customers Impacted by COVID-19

Posted on in Creditors' Rights, Bankruptcy and Insolvency, Finance

An interagency statement was issued regarding loan modifications and reporting by financial institutions working with customers affected by COVID-19.

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Summary of the Paycheck Protection Program Created in the CARES Act

Posted on in Corporate and Business

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

Posted on in Corporate and Business

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

Posted on in Corporate and Business

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 in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency

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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