Business & Commercial Law
New Jersey Law Blog
Shades of Green: TTAB Allows Registration of Color Mark
Posted in Business & Commercial Law
While studies show that each individual sees color differently, the Trademark Trial and Appeal Board (TTAB) determined that as used on medical gloves, a shade of light green is not confusingly similar to a shade of dark green. In a black-and-white decision, the TTAB reversed a Trademark Examining Attorney’s refusal… Continue reading
SBA Issues Interim Rule and Guidance to CARES Act Paycheck Protection Program
Posted in Business & Commercial Law
Yesterday evening, the SBA posted an Interim Final Rule for the Paycheck Protection Program (“PPP”). This is not the final rule, but it provides changes to the Paycheck Protection Program and guidance for applicants and lenders. Some of the notable updates include:
Department of Labor Temporary Rule Defines and Explains Small Business Exemption to Employer Paid Leave Requirements Under Families First Coronavirus Response Act
Posted in Business & Commercial Law
On Wednesday, the United States Department of Labor (“DOL”) posted a temporary rule issuing regulations implementing the paid sick leave and expanded family and medical leave requirements established by the recently enacted Families First Coronavirus Response Act (“FFCRA”), which went into effect this week. The Department’s temporary rule, which is… Continue reading
Paycheck Protection Program – Updated Application
Posted in Business & Commercial Law
On March 27th, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the CARES Act the Small Business Administration (SBA) will implement the Paycheck Protection Program, which will allocate $349 billion as loans to small businesses, 501(c)(3) organizations, and veteran’s organizations affected by… Continue reading
Family Law and COVID-19: Alimony and Child Support
Posted in Business & Commercial Law
What do you do if the novel coronavirus has shut down your employer, caused a furlough or your termination, or has otherwise suddenly left you without income to pay child support and/or alimony? What do you do if you are the recipient of alimony or child support and now have… Continue reading
Stimulus Payments – When Do I Get Mine?
Posted in Business & Commercial Law
The federal government is only beginning to develop the system to issue the stimulus payments authorized by the CARES Act (Coronavirus Aid, Relief, and Economic Security Act). Scammers, however, are already trying to steal money from Americans. The FBI, multiple state attorneys general, and other agencies are warning Americans not… Continue reading
NYC – Financial Assistance for Businesses Impacted by COVID-19
Posted in Business & Commercial Law
On March 8th, Mayor De Blasio announced New York City will provide two forms of relief for small businesses across the City seeing a reduction in revenue due to COVID-19. Below are summaries and eligibility requirements for the two programs.
New Jersey Small Business Economic Development Authority – Small Business Assistance re: COVID-19
Posted in Business & Commercial Law
The New Jersey Economic Development Authority (NJEDA) has approved a series of aid packages for small/mid-size businesses in the amount of $75 million, which could grow to $100 million depending on matching grants. The NJEDA programs focus on businesses that have been hit the hardest by COVID-19. The initiatives include… Continue reading
Staying the Course: Assessment Collection During (and After) the Coronavirus Pandemic
Posted in Business & Commercial Law
The coronavirus pandemic, with its stay at home mandates and work restrictions, is hitting the economy hard. Community association boards and managers should anticipate adverse impacts in the collection of assessments as early as April and must be prepared to address these delinquencies.
Marvel Actor Seeks Reduction in Child Support Due to Coronavirus – Should You?
Posted in Business & Commercial Law
Yesterday, news broke that Jeremy Renner, well known for his role as Hawkeye, asked the Los Angeles court to lower his child support payments as a result of his unexpected financial strain from the coronavirus. The Marvel actor claims that his income will be substantially lower due to the fact… Continue reading