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The Paycheck Protection Program (PPP) was established in March 2020 by the U.S. Congress and Government to help small businesses weather the economic fallout caused by the Covid-19 pandemic. After the first two rounds of funding were exhausted in spring ($349 billion) and summer ($320 billion), a new version of PPP has been approved before the end of the year…
Risk Management for the Electric Vehicle Industry If you had any doubt that electric cars are here to stay, just look at how many charging stations you see in parking lots, compared to two years ago. They are not just at high-end shopping malls anymore; now you even find them in the parking lots of big box wholesale stores. The…
Do you ever feel like Google knows everything about you? When you do a generic search like “stocking stuffers,” its results show you suggestions that are eerily specific in their appropriateness for the intended recipients of your gifts. How does Google know that you are on a decluttering kick? How did it guess that you plan to serve one vegan…
Foreign citizens investing substantial funds in US enterprises may qualify for a Non-Immigrant Temporary Visa (E2) or for an Immigrant Permanent Visa (EB5). E2 NON-IMMIGRANT TEMPORARY INVESTOR VISA Foreign citizens investing substantial funds in US enterprises may qualify for a Non-Immigrant Temporary Visa (E2) or for an Immigrant Permanent Visa (EB5). For those who are seriously committed to a major business project, the US Government offers…
In recent years, a number of U.S. states have legalized recreational use of marijuana, while many others permit marijuana businesses to operate for medical marijuana purposes. Numerous states that permit medical marijuana but have not yet legalized recreational marijuana have decriminalized marijuana possession for those who cannot lawfully possess marijuana for medical purposes. Marijuana laws continue to change with rapidity,…
When most people think about contracts, they imagine an agreement between two parties in which one agrees to provide a service or product to the other in exchange for compensation. While this does describe the terms of many contracts, it’s important to note that legal agreements can also specifically be used to restrict individuals from doing certain things. This is…
Recently, Mayor de Blasio signed a new measure into law that bans landlords from attempting or threatening to enforce personal liability clauses in the existing contracts of business owners to whom they have leased their properties. Enacted in May and applied retroactively to the beginning of March, this specific law was set to expire at the end of September. However,…
Fashion Law is a growing and emerging legal category that encompasses several other and more traditional legal specialties. Intellectual Property Fashion companies protect their brands by filing for state or federal trademark registration. After filing for federal registration, the fashion company owns the exclusive right to use the trademark in the U.S. and the right to use the official registered…
The already increasing number of E-commerce economic activities skyrocketed in the wake of the recent pandemic. More than ever, a savvy entrepreneur should be aware of the legal implications and issues of an e-commerce venture. Legal Entity When the e-commerce business is started as secondary or simply subsequent to one operated from physical premises, it might be time and cost-effective…
One of the biggest challenges in pursuing acquisitions in the current economic situation is grappling with the parties’ expectations regarding the value of the acquisition. Fortunately, there is a solution, known as an earnout, which can help close the valuation gap during any transaction that involves the purchase or sale of a product or service. What are Earnouts? Earnouts are…