PPP Loan Program - SBA Guidelines Regarding
This article was originally published on April 25, 2020, and was most recently updated on May 14, 2020. May 13th Updated FAQs: The SBA released...
California and Federal Tax Update - Filing and Payment Extensions
The Internal Revenue Service and the California Franchise Tax Board have issued guidance allowing an extension of time to pay income taxes ​and file returns. CALIFORNIA: ...
Los Angeles County’s Eviction Moratorium/Rent Deferment Order
Updated as of May 18, 2020. On April 14, the Los Angeles County Board of Supervisors amended its March 19 order that mandated an eviction...
COVID-19 Legal Briefing - SBA Economic Injury Disaster Relief Loans (EIDLs)
The U.S. Small Business Administration (SBA) has announced that it has made Economic Injury Disaster Relief Loans (EIDLs) of up to $2 million available to...
False Claims Act - Guidance for SBA PPP Loan Applicants
To assist small businesses in the wake of the COVID-19 pandemic, Congress established the Paycheck Protection Program (“PPP”) under the CARES Act, with $700 billion...
SA&M COVID-19 Legal Briefing - Families First Coronavirus Response Act (FFCRA)
Families First Coronavirus Response Act (FFCRA) The FFCRA was signed into law on March 18, 2020, by President Trump to provide emergency relief and support in...
Heidi Hubbeling Featured on Women Founders Network
While it seems that your fundraising journey may have been turned upside down because of COVID-19’s effects on the economy, rest assured there are still...
SA&M COVID-19 Legal Briefing: Force Majeure Part I -  Implications on Commercial Leases
With the COVID-19 pandemic raging, businesses are concerned about whether this event will excuse their performance of agreements they entered into prior to the pandemic,...
What Every Business Should Know About Workers’ Rights and Business Liability During COVID-19
(Updated as of May 20, 2020) On May 8, 2020, California’s stay-at-home order was modified to reflect the state’s entering Stage 2 of its COVID-19...
SA&M COVID-19 Legal Briefing - The CARES Act
Signed into law on March 27, 2020, The Coronavirus Aid, Relief and Economic Security Act — or “CARES Act”, among other things, provides significant relief...
Caroline Cherkassky Featured in LABJ's Article,
Caroline Cherkassky, Partner in SA&M’s Venture Capital & Emerging Growth Practice, was featured in the Los Angeles Business Journal’s article “VCs Defend PPP Use by...
SA&M COVID-19 Legal Briefing: The Impact of a “Force Majeure” Clause On Your Agreements And Other Possible Excuses For Non-Performance
Force Majeure provisions in an agreement may excuse performance by one or both parties to a contract as a result of events that can neither...
Paycheck Protection Program: Guidance on Forgiveness
May 29, 2020 marks 8 weeks since Paycheck Protection Program (PPP) loans were first made available and thus the beginning of borrowers’ eligibility to apply...
SA&M COVID Legal Briefing - SBA 7(a) Loan Programs: Affiliation Considerations for Startups
Background: The Coronavirus Aid, Relief, and Economic Security (CARES) Act was recently signed into law, and includes, among other things, a new loan type under...
SA&M COVID-19 Legal Briefing - Payroll Protection Program (PPP)
Making payroll is one of the most stressful issues on every business owner’s mind, and thankfully, the Paycheck Protection Program (PPP) section of the CARES...
SA&M Attorneys Daniel Rozansky and Crystal Jonelis Featured on Law360
Consider Legal Ramifications Before Recording Video Calls With 95% of the country subject to various stay-at-home orders and countless employees working from home for the...
Considering a New 409A Valuation in Light of COVID-19
As COVID-19 continues to curtail economic activity, private companies granting equity-based incentive awards should consider whether the pandemic’s impact on their business warrants a new...