Be Aware of HUBZone Employee Residency Requirements

On December 26, 2019, new rules promulgated by the U.S. Small Business Association (“SBA”) went into effect to expand access to the Historically Underutilized Business Zone (HUBZone) program and assist the U.S. Government in meeting its goal of awarding 3%… Read more

May 8, 2020 | Corporate & Business Transactions

Plan Now for Reopening Your Business

By Anne G. Bibeau

Governor Northam announced on May 4 that provisions of E.O. 53 that were to expire on May 7 have been extended to May 14. Beginning May 15, certain non-essential businesses that had been closed by E.O. 53 will be permitted… Read more

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

By Eric J. Sorenson Jr.

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

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

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

By Zachary S. Agee

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

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

PPP Loan Forgiveness

By Ray W. King

NOTE—The Paycheck Protection Program Flexibility Act of 2020 amends the CARES Act and this article updates the information below>> click here to read more. This Article is based on information available as of April 29, 2020. The information is subject… Read more

April 29, 2020 | Corporate & Business Transactions | COVID-19 Task Force

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

By Steven W. Blaine

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

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

Electronic Notarization And Remote Notarization: What Is It, And Is It Available In Virginia?

By James B. Rixey III

In light of the recent social distancing guidelines, parties are searching for alternative methods of doing business and closing transactions while avoiding face-to-face interaction. As a result, the issue of electronic notarization and remote notarization has gained increasing importance. Are… Read more

April 22, 2020 | Corporate & Business Transactions | COVID-19 Task Force

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

By Zachary S. Agee

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

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

Update on Paycheck Protection Program Loans

By Ray W. King

NOTE—The Paycheck Protection Program Flexibility Act of 2020 amends the CARES Act and this article updates the information below>> click here to read more. This article updates the information in the articles, “SBA Issues Interim Final Rule For The Paycheck… Read more

April 9, 2020 | Corporate & Business Transactions | COVID-19 Task Force

SBA Issues Interim Final Rule for the Paycheck Protection Program

By Ray W. King

NOTE—The Paycheck Protection Program Flexibility Act of 2020 amends the CARES Act and this article updates the information below>> click here to read more. The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted and signed into… Read more

April 3, 2020 | Corporate & Business Transactions | COVID-19 Task Force

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