By: Jeffrey Hall As with other government agencies, the New Jersey Economic Development Authority (“EDA”) has unveiled an emergency program to deal with the COVID-19 crisis that has beset New Jersey’s small businesses. While this program will be useful, it will be on a first come, first serve basis and will not be funded… Continue Reading COVID-19 Emergency Programs – NJEDA Response
By: Janine Danks Fox Congress has enacted numerous emergency measures to ensure that college and graduate students are not burdened with Federal student loan payments, accrual of interest on federal loans, or collection efforts for loan delinquencies during the COVID-19 emergency. The CARES Act also grants Higher Education Institutions the ability to provide emergency… Continue Reading Education Provisions of CARES Act
By: Scott Borsack One of the many relief provisions in the CARES Act attempts to allow employers to provide salary continuation benefits for employees while also allowing for the payment of interest on loans, rent and utility charges. The Act provides for loans to be made by financial institutions and the Small Business Administration… Continue Reading Paycheck Protection Provisions in the CARES Act
The "Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) was passed the U.S. Senate 96-0 on March 26, 2020. If passed by the House and signed by the President, the Senate Bill should give much added to relief to businesses with 500 employees or less. The Act will provide small businesses with forgivable… Continue Reading Forgivable SBA Loans Included in CARES Act
Daniel S. Sweetser successfully defended a restaurant franchisor and its franchising company against a million dollar lawsuit filed by one of their franchisees. The franchisee alleged that our clients breached the franchise agreement and committed fraud. After a two-week non-jury trial in Atlantic County before Chancery Judge William Todd, the Superior Court held that our… Continue Reading Favorable County Superior Court Decision in Non-Solicitation Case
Matter of Critchlow, 201 N.J. Super. 371 (App. Div. 1985) Arnold Lakind representing Francis Critchlow The applicant, an employee of the Department of Corrections, had applied to participate in several promotional examinations. The Department of Personnel had approved his participation on two occasions, but twice revoked his eligibility to take the examination. Mr. Critchlow then… Continue Reading Success Stories: Employment
While most of us were distracted by the potential for a New Jersey government shutdown over Governor Murphy’s demand for revisions to the so-called millionaire’s tax this past fall, one tax provision found its way into the compromise legislation without much attention. Dubbed the “Airbnb” tax, the New Jersey legislature has adopted a tax… Continue Reading New Tax on Short Terms Property Rentals Threatens Shore Communities
