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In this webinar, KO data privacy experts Chris Achatz and Erin Locker shared key insights on the California Consumer Privacy Act (CCPA Requirements) and what businesses should know now. Highlights include: Who must comply with CCPA and what must be done to comply Enforcement and penalties Top 10 regulation takeaways…

Below we’ve summarized potential implications of the latest SBA updates to the Paycheck Protection Program (“PPP”) Loans. “Safe Harbor” for Returning PPP Loan Funds Extended to May 18 The application for a PPP Loan required the applicant to certify that “current economic uncertainty makes this loan request necessary to support…

While it’s critical to stay informed during this challenging time, businesses and employees alike are being inundated with information and resources regarding the COVID-19 pandemic, including the host of new laws that have been passed. We’ve provided this resource page to help you quickly access the most timely updates. To…

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…

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…

Last week, additional SBA guidance was issued providing additional clarity to the certification all PPP loan applicants must make that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” The new guidance language indicates in part that “Borrowers must make this certification in…

As companies begin to receive funds under the Paycheck Protection Program (PPP) Loans, they should keep in mind certain restrictions and guidelines regarding use of the funds. The funds are permitted to be used only for certain expenses. In addition, in order for a loan recipient to be eligible for…

Entrepreneurs are often reluctant to spend money on legal expertise during an economic downturn. However, history shows that downturns can be an ideal time to invest in your business and its long-term prospects by focusing on a couple of critical legal items while simultaneously not sweating some of the smaller…