By Cody Schlegel | Published April 2, 2020 | Posted in Business Law | Leave a comment
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⟩ The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the Bankruptcy Provisions Therein
Last Friday, Congress passed and President Trump executed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” of “Stimulus Bill”) granting a significant and admirable level of support to the U.S. economy that has been left reeling by the one-two punch of the COVID-19 pandemic and OPEC’s… posturing. While the 880-page bill offers an Read More
Read MoreSmall Business Owner’s Guide to the CARES Act
The U.S. Senate Committee on Small Business & Entrepreneurship has put together the below summary of programs and assistance available to small business owners and certain nonprofit organizations through the Small Business Administration (“SBA”) under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The following information is current as of March 30, 2020, Read More
Read MoreForce Majeure: Breaking Contracts Over Coronavirus
Within days of the World Health Organization declaring the Coronavirus (COVID-19) a pandemic, we saw events cancelled, public gatherings restricted to 10 people, businesses closed, travel restricted, and school cancelled for our children. With each day and each unprecedented change, businesses have been forced to look at their contractual obligations and potential inability to perform. Read More
Read MoreUpdate Regarding SBA’s Economic Injury Disaster Loans in Response to COVID-19 for Texas Small Businesses
As discussed last week in our article entitled “SBA’s Economic Injury Disaster Loans in Response to COVID-19,” on March 17, 2020 Texas Governor, Greg Abbot, requested an Economic Injury Disaster Declaration from the U.S. Small Business Administration (“SBA”) which would allow Texas businesses to access the SBA’s Economic Injury Disaster Loans (“EIDLs”). EIDLs are aimed Read More
Read MoreGeneral Guidance for Employers During the COVID-19 Pandemic
The Strong Firm is committed to helping our clients and community navigate through these uncertain and trying times, and this includes helping business owners navigate through emerging employment issues during this crisis. The following is some General Guidance for Employers During the COVID-19 Pandemic to better protect your workforce and business, and stay responsive to Read More
Read MoreSBA’s Economic Injury Disaster Loans in Response to COVID-19
With sporting events, concerts, public events, and now even sit-down service at most restaurants and bars and small gatherings being canceled with no definite end in sight, many small and medium sized businesses are already feeling the impact of the Coronavirus (“COVID-19”). Most small business owners are fighting a battle on many fronts, from the Read More
Read MoreWrapping Up a Decade: Meaningful New Year’s Resolutions
As 2019 comes to a close, it’s a good opportunity to reflect on what we’ve accomplished and make resolutions for what we hope to do in 2020. I have never been a fan of New Year’s resolutions as they often seem like short-term, immeasurable goals. Things like “I am going to exercise more” or “I Read More
Read MoreNot Worth the Paper It’s Written On
We have all heard the saying that something is “not worth the paper it is written on.” This is usually said about a contract that is unenforceable or even if enforceable, it may have no value because the party has no ability to pay or perform under the contract. Many times the clearest illustration of Read More
Read MoreA Win for Property Owners: New Texas Law Makes it Difficult for Forced Annexation
The State of Texas is a strong advocate for protecting property owners from the forced taking of land, including eminent domain, foreclosure or annexation. This year, the Texas Legislature enacted a bill that protects landowners for decades to come from forced annexation. In 1858, Texas passed the first statute allowing incorporation of a city under Read More
Read MoreWait… Lawyers Do That?
Since the founding of the Strong Firm P.C. in 2004, we have prided ourselves on not only providing excellent legal services, but also playing a large role in our community. Every year I have the opportunity to speak to area students from first grade through college grad students on legal-related topics. Though the complexity varies Read More
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Recent Blog Posts
Navigating the New Normal: How Our Local Courts Are Adapting Amid the Coronavirus Outbreak
By Kristen Bates / April 9, 2020
In March, when Governor Abbott declared a state of emergency in Texas, part of the declaration recommended that all non-essential court proceedings be suspended and that in-court appearance be discouraged in non-emergency situations. The declaration has left courts across the state scrambling to determine if, and how, to continue non-essential
Read More
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the Bankruptcy Provisions Therein
By Cody Schlegel / April 2, 2020
Last Friday, Congress passed and President Trump executed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” of “Stimulus Bill”) granting a significant and admirable level of support to the U.S. economy that has been left reeling by the one-two punch of the COVID-19 pandemic and OPEC’s… posturing. While
Read More
Combating Consumer Scams Amid COVID-19
By Kristen Bates / April 1, 2020
As Texans, we have weathered our share of crises and disaster, although, here in southeast Texas, it’s usually in the form of a hurricane. Times of crisis and uncertainty, such as the current COVID-19 outbreak, tend to bring out not only the very best in people, but also the very
Read More
Considerations for Commercial Property Owners and COVID-19
By Cody Schlegel / March 31, 2020
The novel coronavirus (COVID-19) has wreaked havoc on the world and our nation, casting widespread uncertainty and hardship in seemingly every corner of the economy. With many commercial tenants in dire financial straits – particularly those who rely upon customer interaction (i.e. retail, restaurant, and entertainment) – commercial landlords are
Read More
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