On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (the “Appropriations Act”). Within the $2.3 trillion spending bill, Congress allocated $900 billion in stimulus funds to provide relief to businesses most affected by the COVID-19 pandemic. The stimulus provisions of the Appropriations Act include: Changes to and expansion of the […]
Governor DeWine recently announced Ohio’s Small Business Relief Fund program for Ohio’s small businesses that have been harmed by the COVID-19 pandemic. The program includes up to $125 million of funding provided by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Qualified businesses can receive a grant of up to $10,000. Applications for the […]
On September 14, 2020, Governor Mike DeWine signed into law Ohio House Bill Number 606 (the “Act”). The aim of the Act is to shield businesses, schools, and first responders from many coronavirus-related civil lawsuits. To that end, the Act provides two types of immunity from COVID-19 related civil suits: 1) temporary civil immunity for […]
The COVID-19 pandemic has highlighted the need for thorough estate planning, while simultaneously making it difficult for clients to get their estate planning documents in place. Our clients and their family members may wish to have new Wills, Trusts, Powers of Attorney, or other estate planning documents prepared, or may wish to have existing estate […]
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “PPP Flexibility Act”). The PPP Flexibility Act loosens some of the restrictions on the forgivability of Paycheck Protection Program Loans (“PPP Loans”) that were imposed by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) […]
On May 6, 2020, the Ohio Senate passed Senate Bill 310 (the “Bill”), which is currently being considered in committee in the Ohio House of Representatives. If passed by the House of Representatives and signed by Governor DeWine, the Bill will appropriate funds to municipalities which have been allocated to the state by the federal […]
In mid-April, the Federal Reserve announced that it would provide economic assistance to small and medium-sized businesses under the new Main Street Lending Program (the “Program”). The Program will provide access to credit to certain eligible small and medium-sized businesses that were in sound financial condition prior to the onset of the novel coronavirus pandemic […]
On April 27, 2020, Governor Mike DeWine announced the first phase of his plan to lift the restrictions on businesses imposed by the Ohio Department of Health Director’s Stay at Home Order and reopen Ohio’s economy. This first phase of the reopening will occur in three steps, with each step beginning on a different day […]
As the coronavirus safeguards continue, the courts are seeking to modify their procedures. There are two distinct court systems in Ohio: the State court system governed by the Ohio Supreme Court and the Federal court system governed by the United States Supreme Court. Ohio Statutory Deadlines are Tolled H.B. 197, which was approved by the […]
Executive Order 2020-08D: The Governor’s Request for a 90-day Forbearance on Commercial Evictions and Foreclosures On April 1, 2020, Ohio Governor Mike DeWine signed Executive Order 2020-08D in aid of small business tenants and commercial real estate borrowers impacted by the COVID-19 pandemic and the ensuing emergency orders. The Order is to remain in effect […]