Business & Corporate Archives

Restaurant Revitalization Act Provides Needed Grants

The American Rescue Plan Act (the “Act”) was passed by Congress on March 10, 2021, and signed into law by President Biden on March 11, 2021. The Act provides $1.9 trillion in economic aid to individuals and businesses. This article… Read more

Darryl D. Whitesell
Principal

Michael J. Hertz
Principal

Zachary S. Agee
Associate

March 12, 2021 | Business & Corporate

Five Key Issues: PPP Loans and Loan Forgiveness Requirements

UPDATE 6/3/2020: Congress passed H.R. 7010 and the bill will be going to the President for his signature. This article will be updated to reflect any changes to the PPP process once the details are finalized. The first businesses to… Read more

Zachary S. Agee
Associate

Darryl D. Whitesell
Principal

Business Interruption Insurance and COVID-19 (Coronavirus and the Law)

All restaurants and recreational businesses were partially or fully shut down by Governor Northam’s Executive Order 53, issued on March 23, 2020. Many of these businesses are now wondering if their insurance will cover income lost during this shutdown. Although… Read more

Mark D. Loftis
Principal

May 26, 2020 | Business & Corporate | COVID-19 Legal Updates | Small Business Concerns

How to Reopen Your Business in 12 Steps (Coronavirus and the Law)

We’re several months into the COVID-19 pandemic and demand is mounting to reopen workplaces. No modern employer has faced quite this situation, so you’re not alone. Rates of infection, hospitalization, and deaths vary from place to place, so no size… Read more

Thomas M. Winn III
Principal

R. Patrick Bolling
Principal

Leah M. Stiegler
Associate

May 13, 2020 | Business & Corporate | COVID-19 Legal Updates | Labor & Employment | Small Business Concerns

PPP Loan Borrowers Should Document Loan Justification (Coronavirus and the Law)

Update: The return deadline has been extended until May 18, 2020. The dates in this article have been updated to reflect this change. As part of the CARES Act signed into law at the end of March, small businesses, nonprofits,… Read more

May 4, 2020 | Business & Corporate | COVID-19 Legal Updates | Small Business Concerns

Standstill Agreements Can Preserve Business Relationships During the COVID-19 Pandemic (Coronavirus and the Law)

The significant economic consequences of COVID-19 reach businesses across all sectors of the global economy. For many, the financial realities of the pandemic are stark and require those organizations consider unique arrangements to ensure continuity of operations. When studying the… Read more

Eric J. Sorenson Jr.
Of Counsel

April 29, 2020 | Business & Corporate | COVID-19 Legal Updates

Using a Paycheck Protection Program Loan and Loan Forgiveness (Coronavirus and the Law)

Some small businesses have received a Paycheck Protection Program (PPP) loan or may receive such a loan in the near future. This article focuses on the restrictions on how the PPP loan money can be used, and how to obtain… Read more

Zachary S. Agee
Associate

Darryl D. Whitesell
Principal

April 29, 2020 | Business & Corporate | COVID-19 Legal Updates | Small Business Concerns

Virginia Expands Residential Tenant And Borrower Protection In Response To The Covid-19 Outbreak (Coronavirus and the Law)

In a special session on April 22, 2020, the Virginia General Assembly enacted House Bill 340 which imposes a stay or continuance of an unlawful detainer action or a foreclosure proceeding or a sale under any deed of trust applicable… Read more

Steven W. Blaine
Of Counsel

April 28, 2020 | Business & Corporate | COVID-19 Legal Updates | Real Estate & Land Use

Main Street Loans Are Another Relief Option for Small & Medium Businesses (Coronavirus and the Law)

The Main Street Lending Program was approved as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Congress intended the program to provide another source of loans to small and medium-sized businesses. On April 9, 2020, the… Read more

Zachary S. Agee
Associate

April 10, 2020 | Business & Corporate | COVID-19 Legal Updates | Small Business Concerns

A Summary of Legal Issues for Businesses (Coronavirus and the Law)

The COVID-19 pandemic has had, and will continue to have, a wide impact on businesses in every sector of the worldwide economy. Changes in response to the virus are occurring by the minute, creating a number of legal and other… Read more

Darryl D. Whitesell
Principal

March 23, 2020 | Business & Corporate | COVID-19 Legal Updates

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