[EQUINE LAW] Horse management facilities are designated as critical infrastructure businesses in Oklahoma. Manage risk by implementing best practices guidelines for preventing COVID-19 spread, communicate barn rules & implement stable liability waivers.
[COMMERCIAL REAL ESTATE] The impact of COVID-19 on the CRE industry is unprecedented. We have been asked a broad range of questions as a result of the pandemic, including: What if a tenant cannot pay rent? Are commercial transactions being closed? How are lenders and borrowers affected? Are Force Majeure clauses available? and more.
Gavel to Gavel appears in The Journal Record. This column was originally published in The Journal Record on April 2, 2020. This Gavel to Gavel column is a summary of our full-length Q&A on Small Business Administration (SBA) loan programs. By Phillips Murrah Director Alison J. Cross and Attorney Kara K. Laster On March 27, Congress passed […]
[TAX LAW] As part of FFRCA and the CARES Act, Congress made a number of favorable changes to the Tax Code that are beneficial to benefit both businesses and individuals. Specifically with respect to businesses, the following provisions may be extremely helpful during the economic crisis stemming from COVID-19:
[SBA LOANS] With recent passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). Small business owners, in particular, are anxious to receive relief under the Act. The Small Business Administration (SBA) is implementing regulations regarding the historic legislation. Here is a summary of what we know, currently:
[EMPLOYMENT LAW] Phillips Murrah has put together a flat-fee bundle of basic policies and guidance to help employers comply with the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family Medical Leave Expansion Act (EMFLA), both of which are part of the Families First Coronavirus Response Act that goes into effect on April 1.
[TAX LAW] The CARES Act, approved by the Senate and set for a Friday House vote, provides both individuals and businesses with robust economic support, including through changes to the federal tax code.
[SBA LOANS] The CARES Act, approved by the Senate and set for a Friday House vote, authorizes $349 billion for SBA 7(a) loans. Read important highlights:
Due to the horrible effects of the COVID-19 global pandemic, Oklahoma Governor Kevin Stitt has ordered that all businesses not identified as being within a critical infrastructure sector to close. Understandably, the order has a lot of Oklahomans wondering who and what falls into the category of being considered as a part of the critical […]
[LIQUOR LAWS] Many Oklahoma cities have closed restaurants to dine-in service and permit only delivery, take-out or curb-side pickup. ABLE permits beer and wine sales to consumers from licensed restaurants that are closed to dine-in service.
[SBA LOANS] For Oklahoma businesses interested in more information about the U.S. Small Business Administration (SBA) Economic Injury Disaster Loan Program, The Oklahoma Department of Commerce is hosting three teleconferences that will cover the application process.
[CYBERSECURITY LAW] For companies, responding to the pandemic means enabling employees to work from home. With this comes the obvious preparation to allow employees access to company information outside of the company’s network. It is incredibly important to recognize that this comes with an increased risk of data security issues.
[EMPLOYMENT LAW] The U.S. Department of Labor issued its first guidance on the implementation of the recently-enacted Families First Coronavirus Response Act. The DOL is expected to issue formal implementation regulations later this week. Some of the important information in this initial compliance assistance document is highlighted below:
[EMPLOYMENT LAW] The U.S. Senate reportedly reached a bipartisan deal to finalize and pass the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), a $2 trillion stimulus package seeking to address the widespread economic damage caused by the ongoing coronavirus pandemic.
[TAX LAW] Oklahoma Tax Commission: Curbside or drive-through packaged beer and wine sales do not constitute mixed beverages that are subject to 13.5% mixed beverage tax.