COVID-19 Alert: Covid-19 Relief Law Decoded: What Clients Need To Know Now

By: Matthew Mitchell, Joe Hunt, & Amanda Thibodeau On December 27, 2020, the Consolidated Appropriations Act of 2021 (the “CAA”) passed into law. The CAA includes long-anticipated measures in response to the COVID-19 pandemic and resulting economic crisis. The CAA supplements and extend measures enacted earlier this year, including the Coronavirus Aid, Relief, and Economic Security Act (the …

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K-1 Distributions to LLC Members and Partnership Partners Constitute Payroll Costs for Purposes of PPP Loan Amount Calculation – Treasury Department Announces in Supplemental Interim Final Rule

By: Matthew L. Mitchell With the $350 billion fund allocated by Congress for the Paycheck Protection Program (“PPP”) exhausted, we are currently waiting to see if and when the PPP funding is extended. Amid these reports, the U.S. Treasury Department issued a second, supplemental Interim Final Rule (the “Second Rule”) that provides further guidance on …

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USPTO Extends Some Patent and Trademark Deadlines

By: William R. Schmidt On March 31, 2020, the USPTO announced extensions to the time allowed to file certain patent- and trademark-related documents and to pay certain required fees. In brief, some deadlines due between 3/27/20 and 4/30/20 (inclusive) are extendable for 30 days upon submission of a request and appropriate statement attributing the delay …

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COVID-19 Alert: A Plain Language Guide to the Coronavirus Aid, Relief and Economic Security (“CARES”) Act

By: Joe Hunt, Amanda Thibodeau, and Matthew Mitchell President Trump signed the CARES Act into law on March 27, 2020. With an estimated price tag in excess of $2 trillion, the CARES Act is intended to provide businesses and industries with a broad lending program designed to sustain working capital needs, provide immediate cash relief …

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