As the economic impact of the COVID-19 pandemic expands, several states within the Northeast and Mid-Atlantic regions have taken different approaches concerning commercial property evictions. Below, we discuss how some of these states and Washington, D.C., are handling such eviction matters or are Continue Reading
Pennsylvania Supreme Court Decision Can Assist Policyholders in Their Insurance Coverage Claims for COVID-19 Losses
The Pennsylvania Supreme Court recently issued an Opinion that, although unrelated to insurance, provides helpful language to which policyholders and their counsel likely will cite in support of arguments for insurance covering business interruption losses related to the pandemic. In Friends of Continue Reading
Follow the Money: Congratulations, You Got Your PPP Funds. Now What?
At the end of March, the federal government committed $349 billion dollars in forgivable loans to small businesses under the Paycheck Protection Program (PPP), which was part of the Coronavirus Aid, Relief, and Economic Stability, or CARES Act. Under the PPP, eligible small businesses have been able Continue Reading
THE INVENTINATOR: May AI “Inventors” Get Patents?
For decades, authors and filmmakers have contemplated the challenges and opportunities presented when machines take on humanlike capabilities. In 1984, James Cameron sent us the Terminator, a cyborg created by SkyNet, an artificial intelligence (AI) system that became self-aware and sent its Continue Reading
Congratulations, You Got Your PPP Funds! Now What?
The federal government has committed $670 billion dollars in forgivable loans to small businesses under the Paycheck Protection Program (“PPP”), which was part of the Coronavirus Aid, Relief, and Economic Stability Act (the “CARES Act”). Under the PPP, eligible small businesses have been able to Continue Reading
Court of Chancery Confirms Treatment of Certain Pre-Suit Correspondence as a Derivative Litigation Demand
“Delaware’s common law of corporations makes it clear that when a stockholder makes a demand upon the company board to take legal action, she is conceding that the directors are able to bring their business judgment to bear to consider that demand.” In Mancine Dahle, et al. v. John C. Pope, et al., Continue Reading
Go and Breach No More: Court of Chancery Addresses Specific Performance
In Alliance Compressors LLC v. Lennox Indus. Inc., the Court of Chancery held that monetary damages and declaratory relief would be sufficient to remedy the alleged harm in question. In this case, plaintiff Alliance Compressors LLC (“Alliance” or “Plaintiff”) was formed by large air conditioner Continue Reading
The COVID-19 Crisis Is Likely to Increase Worker Activism and Union Organizing: What Employers Need to Know
After decades of steady decline in union activity, the number and magnitude of strikes in the United States increased sharply in both 2018 and 2019, rising to their highest levels since the early 1980s. Relatively successful job actions by teachers across the country and by workers at General Continue Reading
Just What the Doctor Ordered—Remedies for Federal Contractors During the COVID-19 Pandemic and Beyond
A World in Disarray—It is hard to overstate the impact of the COVID-19 pandemic. As we write this article, there are nearly three million documented cases of the virus worldwide, and more than 207,000 people have tragically lost their lives to this disease. In the U.S. alone, there are nearly a Continue Reading
Venture Capital & Emerging Growth Companies April 2020 Highlights
These are unprecedented times. While the world around us is shifting minute-by-minute and people and businesses are facing unthinkable challenges, we are steadfast in our commitment to you and your success. Providing information and guidance One of the ways the firm is trying to help clients Continue Reading