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Insights

Survival Strategies for DBEs in the Age of COVID

By: Franklin M. Lee
June 20, 2020
Franklin M. Lee discusses the business strategies for disadvantaged business enterprises in “Survival Strategies for DBEs in the Age of COVID,” an article that first appeared in the June 2020 edition of American DBE Magazine. ... Read more >
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COVID-19: PPP Flexibility Act of 2020 Eases PPP Burdens

By: Emerson L. Dorsey
June 8, 2020
The bipartisan Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”) became law on June 5, 2020, as an attempt to ease some of the burdens placed on businesses that received loans under the Paycheck Protection Program (“PPP”) enacted in March as part of the CARES Act.&n... Read more >
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COVID-19: Executive Orders Affecting Health Care Providers

By: Lauren Ellison Poster
May 18, 2020
In the March 16, 2020 Executive Order, Governor Hogan adopted various policies impacting healthcare facilities and providers in some of the initial steps towards flattening the curve of COVID-19 cases among Maryland residents. COVID-19 Facilities and Assets This Executive Order established tha... Read more >
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COVID-19: New Guidance on Liquidity Requirements for PPP Loans

By: Barry Weiskopf and Lauren Ellison Poster
May 13, 2020
On April 29, 2020, the SBA released guidance addressing whether businesses owned by private companies with adequate sources of liquidity to support the business’ ongoing operations qualify for a Paycheck Protection Program (“PPP”) loan.  In its guidance, the SBA stated that businesses tha... Read more >
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COVID-19: Major Mid-Stream Changes to the Paycheck Protection Program

By: Lauren Ellison Poster and Barry Weiskopf
May 5, 2020
The Small Business Administration (SBA), the U.S. Department of the Treasury (“Treasury”), and the Internal Revenue Service (“IRS”) continue to provide guidance regarding how they will administer, oversee, and treat loans issued in connection with the Paycheck Protection Program (PPP), some ... Read more >
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COVID-19: Force Majeure Clauses and What They Mean to You

By: Lauren Ellison Poster
April 24, 2020
As businesses strive to stay afloat in the midst of the COVID-19 pandemic, many businesses are looking to existing contractual obligations to determine how and when they will be required to perform, and what they will be on the hook for in the event they are unable to do so. Force majeure clauses... Read more >
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COVID-19: What Borrowers Need to do after Receiving PPP Loan Proceeds

By: Emerson L. Dorsey and Barry Weiskopf
April 16, 2020
With many Paycheck Protection Program (“PPP”) borrowers having received their loan proceeds under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), or receiving them soon, what should borrowers do after receiving their loan? Spend the Loan Proceeds on Permissible Items... Read more >
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Veto Override: New "Ban the Box" Legislation Takes Effect February 29, 2020

By: Melissa Calhoon Jones
February 24, 2020
On January 30, 2020, the Maryland General Assembly voted to override Governor Hogan’s veto of a 2019 bill prohibiting Maryland employers with 15 or more full-time employees from making criminal history inquiries before the first in-person interview.  This new law will take effect on February ... Read more >