News & Insights


COVID-19: New Guidance on Liquidity Requirements for PPP Loans

By: Barry Weiskopf and Lauren Ellison
May 13, 2020
On April 29, 2020, the SBA released guidance addressing whether businesses owned by private companies with adequate sources of liquidity to support the business’ ongoing operations qualify for a Paycheck Protection Program (“PPP”) loan.  In its guidance, the SBA stated that businesses tha... Read more >

COVID-19: Major Mid-Stream Changes to the Paycheck Protection Program

By: Lauren Ellison and Barry Weiskopf
May 5, 2020
The Small Business Administration (SBA), the U.S. Department of the Treasury (“Treasury”), and the Internal Revenue Service (“IRS”) continue to provide guidance regarding how they will administer, oversee, and treat loans issued in connection with the Paycheck Protection Program (PPP), some ... Read more >

Law360 Names Bill Carrier and Tydings as "Legal Lions"

April 24, 2020
Law360 names Bill Carrier and Tydings as “legal lions” for their victory in the 4th Circuit on behalf of Best Buy.  According to Law360, “Tydings & Rosenberg LLP earned the legal lions title on Tuesday when the Fourth Circuit sided with its client, rejecting a black Best Buy empl... Read more >

COVID-19: Force Majeure Clauses and What They Mean to You

By: Lauren Ellison
April 24, 2020
As businesses strive to stay afloat in the midst of the COVID-19 pandemic, many businesses are looking to existing contractual obligations to determine how and when they will be required to perform, and what they will be on the hook for in the event they are unable to do so. Force majeure clauses... Read more >

COVID-19: What Borrowers Need to do after Receiving PPP Loan Proceeds

By: Emerson L. Dorsey and Barry Weiskopf
April 16, 2020
With many Paycheck Protection Program (“PPP”) borrowers having received their loan proceeds under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), or receiving them soon, what should borrowers do after receiving their loan? Spend the Loan Proceeds on Permissible Items... Read more >

COVID-19: What Employers Need to Know about H-1B Employees

By: Melissa Calhoon Jones
April 14, 2020
What Employers Need to Know About H-1B Employees During the COVID-19 Pandemic: Immediate Need to Post Updated LCAs for Teleworking Employees and Issues Related to Layoffs or Furloughs. Companies employing individuals holding H-1B specialty occupation visas are already aware that the status comes ... Read more >

COVID-19: Assistance for American Workers and Families

By: Kerianne P. Kemmerzell
April 6, 2020
Some relief is coming for American workers and families affected by the COVID-19 pandemic under the Coronavirus Aid, Relief and Economic Security (CARES) Act, which was signed into law last week.  This relief includes extending and expanding unemployment benefits, providing rebates for individu... Read more >