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Corporate/Business Law

New SBA Guidance on PPP Necessity Certification and Forgiveness Image

New SBA Guidance on PPP Necessity Certification and Forgiveness

Below we’ve summarized recently released information related to the Paycheck Protection Program Loan (“PPP Loan”) program. New Guidance With Regard to the Certification of “Necessity” of PPP Loan. The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

New Information on Paycheck Protection Program (PPP) Loans Image

New Information on Paycheck Protection Program (PPP) Loans

Below we’ve summarized recently released information related to the Paycheck Protection Program (PPP) Loans. $20 million Cap on PPP Loan Funds Available to “Corporate Groups” Businesses that are part of a “single corporate group” may receive only up to $20 million of PPP Loan funds in the aggregate. This limitation…

Webinar: KO Partner Dan Fredrickson Talks About Top COVID Legal Issues Image

Webinar: KO Partner Dan Fredrickson Talks About Top COVID Legal Issues

As businesses face significant challenges and uncertainty in light of the COVID-19 pandemic, KO Law Firm partner Dan Fredrickson recently led a webinar on identifying and managing COVID-19 legal risks. Dan discusses key legal issues that businesses should consider regarding new stimulus measures such as the Families First Coronavirus Response Act…

Paycheck Protection Program Loans: New SBA Guidance Image

Paycheck Protection Program Loans: New SBA Guidance

Last week and over the past two days, new guidance has trickled out of the SBA regarding the Paycheck Protection Program loans (PPP Loans). Specifically, a third Interim Final Rule was issued  and the FAQ was updated. Below we’ve outlined important updates for you to know. Check our PPP resource…

How Businesses Can Navigate Top Legal Issues During COVID-19 Image

How Businesses Can Navigate Top Legal Issues During COVID-19

Businesses are facing significant challenges and uncertainty in light of the COVID-19 pandemic. Several new laws provide relief for businesses and employees, but businesses must still consider pre-existing legal and contractual factors during the current circumstances. The following guide gives businesses a solid foundation for navigating some of the most common…

KO Client Cytracom Secures Majority Investment from Sverica Capital Management Image

KO Client Cytracom Secures Majority Investment from Sverica Capital Management

KO client Cytracom, a leading provider of cloud-based voice and messaging solutions for managed service providers, recently announced a majority investment from Sverica Capital Management. The investment will be used to accelerate Cytracom’s growth and investment in channel offerings. Cytracom was represented in this transaction by KO partner Jennifer Rosenthal…

KO Client soona Closes $3.5M Financing Image

KO Client soona Closes $3.5M Financing

KO client soona, a same-day photo and video production company, recently closed a $3.5 million Seed 2 round. The funding will support the company’s continued expansion and product development. KO partner Charles Ciaccio, attorney Elizabeth Ho and corporate paralegal Caitlyn Knudson represented soona in the financing. KO also represented soona in the development of…

New Year, New Vacation Policy? What Colorado Employers Need to Know Image

New Year, New Vacation Policy? What Colorado Employers Need to Know

In a tight labor market, it’s often the benefits and perks that help employers compete for talent. One key benefit an employer must consider is vacation. Should vacation be offered, and if so, how much and how should it be structured? What’s the real value of vacation to employees and…