Covid-19

Business contract breaches are on the rise during the COVID-19 pandemic and our firm is seeing a rise in contract disputes leading to business litigation.  Unfortunately, as the coronavirus continues to disrupt business, more and more[...]

Coronavirus-related paid leave for workers and tax credits for small and midsize businesses The US Treasury Department, IRS and Department of Labor issued a joint announcement that small and midsize employers can take advantage of two[...]

The Equal Employment Opportunity Commission (EEOC) issued an update to its 2009 pandemic guidance, “Pandemic Preparedness in the Workplace and the ADA.” The updated guidance advises employers that: Employers should follow guidance from the Centers for[...]

On March 18, 2020, the Senate passed the Families First Coronavirus Response Act, which President Trump signed last night and will become effective April 2, 2020. The below is a general summary and is not intended[...]

For those small business in Chicago that have been economically impacted by COVID-19, a Fund has been set up by the City of Chicago for low interest loans for up to five years.  To request further[...]

UPDATE AS OF 3-19-20 U.S. SMALL BUSINESS ADMINISTRATION FACT SHEET – ECONOMIC INJURY DISASTER LOANS INDIANA Declaration 16348 (Disaster: IN-00073) Incident:  CORONAVIRUS (COVID-19) occurring: January 31, 2020 & continuing Date: 03/18/2020   All counties within the[...]

Updated 3-20-20 at 2pm.  Illinois Governor is expected to order all residents in Illinois to stay at home beginning Saturday, in the most serious effort yet to combat the spread of the coronavirus in Illinois.  Pritzker[...]

The massive coronavirus stimulus bill is expected to clear Congress today. Courtesy of the Wall Street Journal, here is a FAQ regarding the stimulus checks for individuals: How much money is it? The plan provides $1,200[...]

The sweeping coronavirus aid package set for a House vote today provides $349 billion for the Small Business Administration to guarantee loans to small businesses. The legislation calls for the loan money to be distributed using[...]

Economic Relief Plan for Small Business The Keeping American Workers Paid and Employed Act is Division A of the Coronavirus Aid, Relief, and Economic Security Act (CARES ACT).  The CARES Act is 880 pages long, consisting[...]