Indemnity and Insurance in Business Transactions and Litigation

Krista Kochosky Will Instruct PBI CLE Course

Nearly every contract contains an indemnity clause – many of them poorly drafted and unenforceable. An indemnity clause can accomplish many things from shifting the burden of defense costs, to changing the scope …

IRS Weighs-in on PPP Loans

PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceeds

On May 1, the IRS released guidance addressing the deductibility of the expenses paid by businesses receiving a Paycheck Protection Program (PPP) loan. While the CARES Act provides that …

PPP and EIDL Replenished

$484 Billion in Coronavirus Relief Funds Approved

On April 23, Congress approved a $484 billion bill designed in large part to replenish the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) programs. Initially, Congress earmarked $350 billion …

CARES Act: The Paycheck Protection Program

Loan Options Provide Financial Relief For Small Businesses

(Post updated April 8, 2020, to reflect the most current information about the Paycheck Protection Program)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is one of the largest stimulus …

Force Majeure National Emergencies Require Decisive Reaction

Managing Truck Leases, Service Agreements and Corporate Leases Amid COVID-19 Pandemic

As the COVID-19 pandemic continues into its second month, impacting our society and economy, companies are working tirelessly to adjust and are straining to stop the financial bleeding from …

SBA Disaster Loan Available For Small Businesses Amid COVID-19 Crisis

Businesses Are Urged to Apply For “Economic Injury Disaster Loans” Now

The United States Small Business Administration (SBA) has announced a new lending program to assist small businesses and private, non-profit businesses as well. Under the new program, the SBA …

Married Business Owners Have Asset Protection Option Under PA Law

Pennsylvania law gives married business owners some valuable options for asset protection which are not broadly available in other jurisdictions across the country.

This protection stems from a joint property ownership concept referred to as “tenancy by the entireties.” Under …

New Lawsuit Seeks to Level the Online Gaming Playing Field

A recent lawsuit filed in California is taking the internet community by storm, and is sending shockwaves through the esports and online content creation industries.  The lawsuit involves a pro video gamer and his team, alleging that the Gamer Agreement …

Patent Checklist for Start-Ups and Emerging Businesses

In general, securing patent rights in your inventions can give you a competitive advantage in your industry and can make your company more attractive to potential investors or purchasers.

Patent Basics: A patent is a right granted by the government …

Crisis Considerations For Your Business

Is Your Business Ready For A Crisis?

Crisis situations often have unforeseen results that could jeopardize the critical assets, reputation and financial standing of a business enterprise. Crisis management is defined as a series of steps performed by an organization …