Join us for this premier industry event featuring panelists, networking, great food, cocktails and live music. On Monday, Septemper 13, 2021 from 2:00PM – 6:00PM at City Winery Boston, 80 Beverly St. Boston, MA 02114. REGISTER HERE
Ruberto, Israel & Weiner Presents the 28th Annual Restaurant Trends Event
POSTED IN: Events, Hospitality Practice Group
Client Alert: SBA Announces Registration and Application Dates for RRF
According to a recent press release from the Small Business Administration (“SBA”), registration for the Restaurant Revitalization Fund (“RRF”) will begin on Friday, April 30, 2021, at 9:00 AM (Eastern Time). The RRF will also begin accepting applications on Monday, May 3, 2021, at noon (Eastern Time). As a reminder, although all applicants are free…
POSTED IN: COVID-19, Hospitality Practice Group, News
Client Alert: SBA Issues Guidance for Restaurant Revitalization Fund Program
On April 17, 2021, the Small Business Administration (“SBA”) quietly rolled out a new website for the much-anticipated Restaurant Revitalization Fund (“RRF”) program. The website includes, among other things, a sample Application and Program Guide. A copy of the Program Guide can be found here and a copy of the of the sample Application can…
POSTED IN: COVID-19, Hospitality Practice Group, News
Eric M. Sigman Joins Ruberto, Israel & Weiner’s Corporate & Business Law and Hospitality Practice Groups
RIW is pleased to announce that Eric Sigman has joined the firm as a Shareholder in the Corporate & Business Law and Hospitality Practice Groups. Eric focuses his corporate practice in the areas of corporate formation, capitalization, succession planning, commercial leasing, and mergers and acquisitions. His transactional practice includes counseling clients in connection with mergers and acquisitions, asset…
POSTED IN: Corporate & Business, Hospitality Practice Group, News
Client Alert: The American Rescue Plan Act of 2021 Establishes A $28.6 Billion “Restaurant Revitalization Fund” Within the U.S. Small Business Administration
On March 11, 2021, President Biden signed the $1.9 trillion American Rescue Plan Act of 2021 (the “Act”) into law. The wide-ranging $1.9 trillion stimulus bill establishes a $28.6 Billion “Restaurant Revitalization Fund” (the “RRF”) within the U.S. Small Business Administration (the “SBA”). The RRF is the first package of its kind to target restaurants through…
POSTED IN: COVID-19, Hospitality Practice Group, News
Client Alert: Congress Appropriations Bill Expands Paycheck Protection Program
Following weeks of negotiation, Congress passed the 5,593 page Consolidated Appropriations Act, 2021 (the “Act”) in the late hours December 21, 2020, that, in part, allocates approximately $900 billion towards emergency coronavirus relief and effectively extends and expands the Paycheck Protection Program (the “PPP”) and existing unemployment assistance programs. A copy of the Act can…
POSTED IN: COVID-19, Hospitality Practice Group, News
Client Alert: Step II of Phase III Reopening Plan Announced
On September 29, 2020, the Baker-Polito Administration announced that effective Monday, October 5th, lower risk communities* will be permitted to move into Step II of Phase III of the Commonwealth’s reopening plan with the following restrictions: Indoor performance venues will be permitted to open with 50% capacity with a maximum of 250 people….
POSTED IN: Articles & Quotes, COVID-19, Hospitality Practice Group, News
Client Alert: State Tax Deferral for Massachusetts Retail & Hospitality Industries
On September 15, 2020, Massachusetts Governor Charlie Baker announced an extension of state tax deferral measures aimed at easing COVID-19 related financial burdens for the retail and hospitality sectors. The tax deferral extension will include the following measures: Extended Time Period for Deferral. Sales tax, meals tax, and room occupancy taxes will be…
POSTED IN: Articles & Quotes, COVID-19, Hospitality Practice Group, News