Since its inception in March of this year, the Paycheck Protection Program (“PPP”) has provided hundreds of billions of dollars in SBA-guaranteed loans to help American small businesses through the COVID-19 pandemic. These loans were particularly […]
In Texas, while an insurer can assert a subrogation claim independently of its insured, the insurer still stands in the shoes of its insured, meaning the insurer’s claims are limited to those the insured could bring and are subject to the same […]
When you hear the term BOOKING.COM,[1] what comes to mind? Do you think of travel reservations in general, or is it a specific brand or company that pops into your head? While your answer may not seem especially consequential, this question recently […]
Michael Logan recently spoke on “The Jury’s Still Out” podcast with Mary Griffitts. His topic “The Current ‘Virtual’ Practice of Law & How Restaurants and Real Estate Have Been Impacted by COVID-19” can be […]
On May 13, 2020, the Small Business Administration (“SBA”) issued its most current guidance on the “safe harbor” rules related to the return of loaned monies under the Paycheck Protection Program (“PPP”) under the […]
This white paper written by Richard Hathaway, Andrea Johnson, Darren Harrington, and Douglas Bracken examines the brief history of COVID-19 and the resulting business closures. It also examines current efforts to reopen businesses and identify several […]
In mid-April, national news coverage began breaking that several public companies had received significant loans from the SBA’s Payroll Protection Program. In response, officials in the Treasury Department urged companies with substantial market […]
A frequently encountered question in the insurance world is whether payment of an appraisal award forecloses or bars first party claims against an insurer by the insured, and if so, under what circumstances. The Texas Supreme Court has taken this matter […]
James Prappas recently gave a presentation on how COVID-19 affects U.S. Immigration. To download the presentation, click here.
This document was prepared by the staff of the Joint Committee on Taxation in consultation with the staffs of the House Committee on Ways and Means and the Senate Committee on Finance, describes the tax provisions of the Coronavirus Aid, Relief, and […]
The CARES Act provides that all Paycheck Protection Program (PPP) loans are eligible for forgiveness but not automatically forgiven. Instead, borrowers must apply for forgiveness with their lender, and the amount to be forgiven may be limited. Borrowers […]
As people, businesses, and markets scramble to navigate through the impact of COVID-19, nearly every state has issued emergency orders, detailing changes to court operations due to the COVID-19 outbreak. To date, the Texas Supreme Court, in conjunction […]