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Monthly Archive: April 2020

Those who have been newly bitten by the entrepreneurial bug often turn to franchises for their first foray into the business world. For many reasons, franchises present themselves as an attractive option for those seeking to “become their own boss.” Just like with any other business venture, though, there are pros and cons to be...

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Netflix’s epic docuseries the Tiger King took the world by storm in March of 2020. The series – likely due to the difficulty in succinctly presenting complicated lawsuits – conflates the issues of copyrights and trademarks, however, so we set about to clear up the errors and confusion. BACKGROUND So first, a bit of background...

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Identifying the Issue: Many employers are feeling a massive financial impact as a result of COVID-19. Accordingly, many are considering furloughs, layoffs, demotions, reduction of wages or reduction of hours (collectively “adverse employment actions”); however, employers need to proceed with caution and make sure they understand pros and cons associated with these types of actions....

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Countless individuals entered into contracts at some point before COVID-19 hit and now aren’t sure how they’re going to meet all of their obligations. Others are unsure how to fulfill contractual obligations that they would have had no problem fulfilling the terms of had the current situation not hit. When faced with potential lockdowns and...

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(CARES Act Provisions as of March 26, 2020) In the early hours of the morning on Thursday, March 26, 2020, the United States Senate passed the highly anticipated (and updated) Economic Relief Plan (CARES Act), building upon the earlier versions of the CARES Act. It is a third round of federal government support in wake...

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Loan amounts will be up to $2.0 million for a business applicant and all its affiliates They will use credit scores in their decisions for approval Rates for businesses will be 3.75% fixed for 30 years All loans will have a repayment term of 30 years – payments can be deferred for the first 12...

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I’m Veronica. I am the Chair of the Litigation Department at Trembly Law Firm. I’ve been a litigator since 2012. I am a mother to a energetic and rambunctious 3 year old boy named Leon. My husband works as a producer of a morning radio show that starts at 6am. I am tired. I was tired...

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In private enterprise, a memorandum of understanding (MoU) is a formal document between two (bilateral) or more (multilateral) parties that outlines general agreements related to future formal negotiations. It is not legally binding, yet is commonly thought of as a stepping stone to a contract that is legally binding. In addition to private enterprise, this...

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