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Paycheck Protection Loans – Next Steps

Can I Still Get a Loan? If you have not yet applied for Paycheck Protection Plan loan there may still be time for you to do so.  As of May 1, 2020, the Small Business Administration has approved funding for over 2.2 million loan applications for loans that total a little under $176 billion of Read More

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Common Interest Community Boards May Meet Virtually During COVID-19 Public Health Emergency

Virginia Governor Ralph Northam has signed legislation, effective during the current COVID-19 public health emergency, authorizing governing boards of condominium unit owners’ association, property owners’ associations, and cooperative proprietary lessees associations to meet virtually without the need of having two members of the board physically present at the meeting as is normally required by statute. Read More

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Paycheck Protection Program Loans- How is the Average Monthly Payroll Calculated?

The rollout of the Paycheck Protection Loan program has been anything but smooth as the hastily written statute had provisions that did not make sense and the implementing regulations that were drafted just as quickly, sometimes led to more questions than answers.  The banks that have opened their online portals to accept applications have each Read More

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Paycheck Protection Plan Loan Updates

On April 2 the Small Business Administration issued interim rules to implement the Paycheck Protection Loan provisions of the CARES Act. The Rules: increased the interest rate on the loans to 1% (from 0.5%) – the repayment period for any portion of the loan that is not forgiven remains at 2 years); clarify that household Read More

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Update on Paycheck Protection Plan Loans

Update on Paycheck Protection Plan Loans A paycheck protection plan loan can provide small businesses adversely affected by the COVID-19 virus with a way to pay their employees, rent and utilities. These loans can be forgiven if the loan is used for the approved purposes. Businesses can get up to 2.5 times the amount of Read More

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COVID-19 LOAN AND GRANT ASSISTANCE FOR SMALL BUSINESSES

On Friday March 27, President Trump signed into law the CARES Act which makes new loans available to small businesses and non-profits. The programs described below are managed through the Small Business Administration, which will be issuing guidance in the coming days as to where and how you can apply for assistance. LOANS TO FUND Read More

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Representative Matters
  • "Obtained a judgment for condominium association in excess of $1 million against developer of condominium in Fairfax County."

  • "Defended an officer of a government contractor in a case involving enforcement of a non-competition agreement."

  • "Defended and achieved favorable settlement of wrongful termination and discrimination claims brought in United States District Court for the Eastern District of Virginia."

  • "Served as outside counsel to several franchisors, prepared franchise agreements, franchise disclosure documents and state franchise registrations, and counseled franchisors regarding franchise compliance issues."

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