On Friday, March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which provides an approximately $2 trillion stimulus package that includes direct payments to individual taxpayers, small business loans, increased unemployment benefits, and a variety of tax breaks. Specifically for small businesses, the CARES Act […]
Kentucky Legislature Grants Chief Justice Authority to Extend Statutory Deadlines
/in NewsThis past Wednesday, April 1, 2020, the Kentucky General Assembly passed the Judicial Branch Budget, which grants the Chief Justice of the Kentucky Supreme Court the authority to declare a Judicial Emergency during the State of Emergency that we are currently under related to the novel coronavirus pursuant to a declaration from the Governor of […]
CARES Act: Understanding SBA’s Loan Eligibility for Small Businesses
/in NewsOn Friday, March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which provides an approximately $2 trillion stimulus package that includes direct payments to individual taxpayers, small business loans, increased unemployment benefits, and a variety of tax breaks. Specifically for small businesses, the CARES Act […]
The DOL Provides Guidance to Employers Regarding the Families First Coronavirus Response Act
/in NewsOn March 24, 2020 the Department of Labor (DOL) provided its first guidance to employers regarding immediate legislative changes spurred by the COVID-19 pandemic – namely the Families First Coronavirus Response Act (FFCRA). FFCRA requires certain employers to provide their employees with paid sick leave or expanded family and medical leave for specified reasons related […]
Coronavirus (COVID-19) and Your Business Contracts
/in NewsCoronavirus is a serious pandemic, the likes of which we have not seen before. The law recognizes that certain uncontrollable circumstances (like the Coronavirus pandemic) may make performance of business obligations impossible or impractical under the circumstances. Force majeure clauses are contract provisions that excuse a party’s nonperformance when “acts of God” or other extraordinary […]
CCG advises Monnik Beer Co. in acquisition of brewhouse in New Albany, IN
/in NewsCommonwealth Counsel Group advised Monnik Beer Co. on its acquisition of the New Albanian Brewing Company’s former brewhouse property located at 415 Bank Street in downtown New Albany, Indiana. CCG’s team was led by attorney Jonathan Matthews. “New Albany is one of the most attractive markets for Louisville-based investors and business owners looking to expand […]
Jason M. Nemes Joins Commonwealth Counsel Group As Member
/in NewsCommonwealth Counsel Group is pleased to announce that Jason M. Nemes, a highly regarded litigation attorney with deep roots in Kentucky’s business community, is now a CCG member. Mr. Nemes joined CCG in January 2020 and leads CCG’s expanding administrative law practice. Selected as a Super Lawyer since 2013, he has over 15 years’ experience, […]
Kentucky Anti-SLAPP Law: Proposed Law Seeks to Protect Free Speech
/in NewsProposed Kentucky Anti-SLAPP Law: A new law has been proposed in Kentucky, the Kentucky Public Participation Act, which seeks to provide protection against frivolous lawsuits filed for the purpose of limiting free speech. Strategic Lawsuits Against Public Participation (“SLAPP”) Freedom of expression is a right enshrined in both the Fist Amendment to the Constitution of […]
New DOL Overtime Rules to Take Effect in 2020
/in NewsEffective January 1, 2020, the salary threshold for employees to be classified as exempt from the wage and overtime requirements of the federal Fair Labor Standards Act (FLSA) increases as part of new overtime regulations issued by the U.S. Department of Labor (DOL). Under the FLSA, employers must pay workers at least the minimum wage […]
GLAR Mediation and Arbitration
/in NewsBuying or selling a home is often as stressful as it is exciting. It is also fraught with the potential for a dispute over the non-disclosure of conditions of the home. If certain conditions are not disclosed on the seller’s disclosures, legal remedies may be pursued. Greater Louisville Association of Realtors (GLAR) If the home […]
Is Your Business Ready for a Buyer’s Due Diligence?
/in NewsYou have built your business and now are looking to sell. When the moment comes in your entrepreneurial journey to take steps toward selling your business, it is important to be prepared. Understanding the process and the players can make the difference between a successful exit and a lost opportunity. As early as possible, educate […]