The public health and economic crisis posed by the COVID-19 pandemic will have a substantial impact on small business. As this pandemic causes a strain on small businesses, their owners, and [...]
Toward the end of Friday, March 20, Governor Wolf slightly revised the list of businesses which qualify as life-sustaining and may keep physical operations open. The full list is available here: [...]
The Defense Production Act May Have Unforeseen Impacts on Businesses Called Upon to Aid the Country During the Coronavirus/Covid-19 Crisis
In Corporate Issues PostedOn March 18, 2020, President Donald Trump announced that he will invoke The Defense Production Act of 1950 (the “Act”) to overcome medical supply shortages resulting from the [...]
Ohio Revised Code Section 1349.72, effective as of March 20, 2019, imposes a requirement that written notice be provided before a person “collects or attempts to collect” a debt [...]
As of February 15, 2020, the United States Patent and Trademark Office (USPTO) has heightened the requirements for filing trademark applications. First, all trademark applications must now be [...]
Coming Soon to a Bankruptcy Court Near You: The Small Business Reorganization Act
In Corporate Issues PostedThe “Small Business Reorganization Act of 2019” (the “Act”) becomes effective for cases filed on and after February 19, 2020. The Act applies to “small business [...]
Many business owners incorrectly believe that forming and operating their businesses in a corporation, limited liability company, or other form of business entity indefinitely and unassailably [...]
De-Risking Series: Restricting Existing Employees with Non-Competes in Pennsylvania
In Corporate Issues PostedThe loss of a key employee can be devastating to a business under any circumstances, but the negative effects can be compounded if that employee takes a position with a competitor or decides to [...]
Metz Lewis De-Risking Series: TOO MUCH SALT CAN MAKE YOUR COMPANY UNAPPETIZING
By David Jaffe
In Corporate Issues Posted Since the U.S. Supreme Court’s decision in the Wayfair case, unresolved issues relating to state and local taxes (so called “SALT”) have become a real wild card in the world of [...]
It is a common occurrence for clients to walk into our lobby expecting to sell their business in six months for the seller-friendly multiples of earnings that exist in today’s M&A market. We [...]