On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARP Act”) into law. This $1.9 trillion economic stimulus package is designed to help the country, individuals, and businesses recover from the negative effects of the COVID-19 pandemic. The stimulus provisions of the ARP Act include, among other things: Changes […]
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 […]
Paul J. Singerman has been honored by The Best Lawyers in America© as the 2021 Real Estate “Lawyer of the Year” in Cleveland. Paul was previously named the Real Estate “Lawyer of the Year” in Cleveland in 2019 and has been recognized by Best Lawyers™, the peer-reviewed publication, every year since 2007. Only a single lawyer […]
Singerman, Mills, Desberg & Kauntz Co., L.P.A. would like to congratulate Troy R. Brown, Gary S. Desberg, Jeffrey A. Gorski, Evan S. Hirsch, Paul J. Singerman, and Ronald J. Teplitzky on being included in the 2021 edition of The Best Lawyers in America©. Since it was first published in 1983, Best Lawyers™ has become universally regarded as the […]
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 […]