News, Insights & Events
These news items will help keep you informed on activities of the Law Firm Alliance, its member firms and the areas and industries in which they offer legal services.
News
Ward and Smith and Attorneys Ranked in Chambers USA 2020
April 22, 2020 Ward and Smith
Chambers USA, an annual guide ranking top law firms and lawyers, has recognized two Ward and Smith practice areas and two attorneys as some of the best in North Carolina in its 2020 edition.
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FAQ for SBA Loans for Businesses under the CARES Act
Jeffrey S. Cronn and Ferdinand Ruplin, Tonkon Torp LLP
On March 27, 2020, the CARES Act, a $2 trillion stimulus package aimed at aiding individuals and businesses in the U.S. that have been impacted by the COVID-19 pandemic, was signed into law. The CARES Act includes a $349 billion allocation of funding for the issuance of fee-free loans to U.S. businesses pursuant to Section 7(a) of the Small Business Act (15 U.S.C. 636(a)).
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New Dickinson Law Leadership Elected
Dickinson Mackaman Tyler & Hagen PC
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On Demand Webinar: Mandated Emergency Leaves – Employers with Less Than 500 Employees
March 31, 2020
Employment & Labor
Dickinson Mackaman Tyler & Hagen PC
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CARES Act Coronavirus-Related Distributions: What Are They and Are They Mandatory?
March 29, 2020
Sharon K. Freilich and George J. Kasper
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) enacted on March 27, 2020, creates favorable tax treatment for “Coronavirus-Related Distributions” from “eligible retirement plans.” The CARES Act also temporarily expands participant loan provisions which apply to any retirement plan permitting participant loans and waivers of Required Minimum distributions for 2020 from defined contributions plans and IRAs. This article focuses on Coronavirus-Related Distributions. For information regarding the changes to participant loans and the RMD waiver, please click here.
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CARES Act: Employee Benefits
March 28, 2020
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Summary of Terms for SBA Loans in Coronavirus Aid, Relief, and Economic Security Act (“CARES” Act)
March 28, 2020
Nancy A. D. Hancock and Thomas H. Wilkeson
The CARES Act went into effect on Friday, March 27, 2020. The following outline summarizes the Paycheck Protection Program under Title I, Keeping American Workers Paid and Employed Act. The Administrator of the U.S. Small Business Administration (SBA) is authorized to make loans under the Paycheck Protection Program.
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Texas Comptroller Issues Announcement in Response to COVID-19
March 26, 2020
Graves Dougherty Hearon & Moody
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Emergency Paid Sick Leave Act Provides Payroll Tax Credit for Required Paid Sick Leave
March 26, 2020
Graves Dougherty Hearon & Moody
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