McCarter’s renowned Venture Capital & Emerging Growth Companies team empowers clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization, and monetization. Clients doing great things Congratulations to client Northpass, a learning Continue Reading
Enhanced Opportunities to Benefit from the Employee Retention Credit
The Employee Retention Credit (ERC) was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020, to encourage businesses to keep employees on their payroll during the pandemic. Business owners may be able to benefit from the significant improvements that Continue Reading
Delaware Supreme Court Rules on Contractual Limitation on Liability Provision
Parties to commercial transactions governed by Delaware law and their counsel should take note of the recent en banc opinion issued by the Delaware Supreme Court in Express Scripts, Inc. v. Bracket Holdings Corp. (https://courts.delaware.gov/Opinions/Download.aspx?id=317280). Background Under Continue Reading
Vendors Face Strict Liability for Deceptive Conduct under PA Consumer Protection Law
The Pennsylvania Supreme Court’s recent decision in Gregg, et al. v. Ameriprise Fin., Inc., et al. holds vendors that provide goods and services to consumers in the Commonwealth of Pennsylvania strictly liable for fraudulent or deceitful conduct under the Pennsylvania Unfair Trade Practices and Continue Reading
Chapter 11 Debtors with Confirmed Plans Are Now Eligible for PPP Loans
The Small Business Administration (SBA) published new guidance declaring Chapter 11 debtors with confirmed plans as eligible for Paycheck Protection Program (PPP) loans. The new guidance creates an exception to the SBA’s blanket rule that any entity “presently involved” in bankruptcy is not eligible Continue Reading
SBA’s Guidance on the $28.6 Billion Restaurant Revitalization Grant Program
What Restaurants Need to Know Ahead of Its Anticipated Launch This week the Small Business Administration (SBA) provided guidance on how the $28.6 billion Restaurant Revitalization Fund will work. The Restaurant Revitalization Fund provides for qualified restaurants and other food establishments Continue Reading
What a Business Needs to Know about the Shuttered Venue Operators Grant Program
The Shuttered Venue Operators Grant (SVOG) program was created by Section 324 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was enacted on December 27, 2020. The SVOG program requires the Small Business Administration (SBA) to distribute grants Continue Reading
Venture Capital & Emerging Growth Companies April 2021 Highlights
McCarter’s renowned Venture Capital & Emerging Growth Companies team empowers clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization, and monetization. Helping great clients do great things We regularly structure and form Continue Reading
NJ Supreme Court Rules that NJ Uniform Securities Law Does Not Bar Investment Adviser From Seeking Damages Over Verbal Job Offer
The Supreme Court of New Jersey recently cast doubt on the applicability of the federal “family office” exception for investment advisers under the New Jersey Uniform Securities Law (NJUSL) while allowing the plaintiff to seek reliance damages based on an oral promise of employment despite the Continue Reading
All Is Fair in Google and Oracle: Supreme Court Says Google’s Copying Was Fair Use in Landmark Copyright Case
Was it fair for Google to copy 11,500 lines of Oracle’s copyrighted Java Application Programming Interface (API) simply to make it easier for programmers already familiar with Java to develop apps for Google’s Android smartphone without having to learn a new programming language? The Supreme Court Continue Reading