On Tuesday, June 16, 2020, the Small Business Administration (the “SBA”) quietly released the revised Paycheck Protection Program Loan Forgiveness Application (the “Long Form Application”) and the new Paycheck Protection Program PPP Loan Forgiveness Application Form 3508EZ (the “EZ Application”). The instructions included as part of the Applications provide borrowers with much needed guidance on…
Client Alert: SBA Issues Revised PPP Loan Forgiveness Applications
POSTED IN: Articles & Quotes, Commercial Real Estate, COVID-19, News
Ruberto, Israel & Weiner Served as Seller’s Counsel in Major Technology Transaction
Ruberto, Israel & Weiner served as seller’s counsel for Privo IT, LLC in this transaction. Full details here. Privo, a Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) with offices in Boston and San Francisco, was acquired by Navisite. Navisite, based in Andover, Massachusetts, is a modern managed cloud service provider…
POSTED IN: Corporate & Business, Mergers & Acquisitions, News
Client Alert: Enhanced Debt Relief Under the CARES Act – Leverage for Small Businesses
To date, much of the discussion regarding the Coronavirus Aid, Relief, and Economic Stability Act (the “CARES Act”) has been focused on the provisions of its Paycheck Protection Program (the “PPP”), which provides forgivable loans to small businesses based upon two and half months of their average payroll costs. The PPP has been incredibly successful in stemming…
Client Alert: House and Senate Pass Paycheck Protection Program Flexibility Act
On June 3, 2020, the United States Senate passed the Paycheck Protection Program Flexibility Act (the “Act“), as passed by the House on May 27, 2020, amending certain aspects of the Small Business Administration Act and the Paycheck Protection Program (the “PPP“), created by Division A, Title I of the Coronavirus Aid, Relief, and Economic…
POSTED IN: Articles & Quotes, Commercial Real Estate, COVID-19, News
Client Alert: Governor Baker Announces Restaurant Re-Opening Plan for Massachusetts
At a press conference on May 29, 2020, Governor Charlie Baker and Lt. Governor Karyn Polito announced a plan for re-opening restaurants throughout Massachusetts. Re-opening will commence during Phase 2, with a specific date expected to be announced the first week in June. Below is a synopsis of the re-opening plan: • The…
POSTED IN: Articles & Quotes, COVID-19, Hospitality Practice Group, News
Client Alert: As Construction Projects Ramp Back Up, What Does Your Contract Say About Who Bears the Costs of Delays?
Everyone is aware that the COVID-19 pandemic has substantially disrupted businesses of all types throughout the country, and construction has been no exception. At the project level, the pandemic has impacted construction sites in a wide variety of ways. Some projects were completely shut down, whether by state or local mandate, by unilateral owner decision,…
POSTED IN: Articles & Quotes, Construction Law, COVID-19, News
RIW Attorney Adam Barnosky’s Opinion Piece “How Municipalities Can Help Restaurants Reopen” Featured in the Boston Globe
An opinion piece by Ruberto, Israel & Weiner hospitality attorney Adam Barnosky was featured in the Boston Globe. The article, titled “How municipalities can help restaurants reopen,” discusses the proactive role local governments can play as the restaurants prepare to reopen. Read the full article here. Adam Barnosky is a shareholder and co-leads the firm’s Hospitality Practice…
POSTED IN: Articles & Quotes, COVID-19, Hospitality Practice Group, News
Client Alert: Governor Baker Details Phased Reopening of Massachusetts
On Monday, May 18, 2020, Massachusetts Governor Charlie Baker announced plans to cautiously reopen Massachusetts businesses in accordance with the previously announced Four-Phase Approach to Reopening Massachusetts. Pursuant to the plans announced by Governor Baker, created in conjunction with the Reopening Advisory Board, the first phase of reopening Massachusetts is scheduled to go into effect…
POSTED IN: Articles & Quotes, Commercial Real Estate, COVID-19, News
Client Alert: SBA Issues PPP Loan Forgiveness Application
The Small Business Administration (the “SBA”) quietly released on Friday May 15th, the Paycheck Protection Program Loan Forgiveness Application (the “Application”). The instruction included as part of the Application provides borrowers with much needed guidance on how to calculate loan forgiveness under the Paycheck Protection Program (the “PPP”). The instructions, in part, advise PPP borrowers…
POSTED IN: Articles & Quotes, Commercial Real Estate, COVID-19, News
RIW Employment Law Attorney David Robinson Will Co-Host Reading-North Reading Chamber of Commerce Back to Work Webinar
David Robinson, shareholder and the coordinator of RIW’s Employment Law Practice Group, will co-host the Reading-North Reading Chamber of Commerce “Back to Work Webinar” with Ken DeMoura of DeMoura Smith on May 20, 2020 from 12:00 p.m. to 1:00 p.m. This webinar will cover the steps you should take to reopen as well as best…
POSTED IN: COVID-19, Employment Law, Events, News