August 06, 2020For some time now, questions have hovered over a certain kind of incentive deal. Where most agree that it’s fine to use incentives for manufacturers, distribution centers or corporate headquarters, what about large-scale mixed-use real estate developments? In particular, what if part of the project rents apartments?
August 05, 2020By: Chris Gantt-Sorenson and Perry MacLennan
July 31, 2020In the first reported case regarding minority oppression in the context of a South Carolina limited liability company (“LLC”), the South Carolina Supreme Court affirmed the trial court’s conclusion that majority members of an LLC had engaged in acts of oppression against a minority member resulting in a forced buyout of the minority member’s interest in the LLC.
July 06, 2020South Carolina has passed another state law protecting working mothers, this time in the form of supporting mothers who want to express breast milk in the workplace. Governor McMaster recently signed the bill into law, effective June 25, 2020.
July 01, 2020On July 8, HSB’s Employment Law team provided an update via webinar on COVID-19’s continued impact on SC employers.
June 23, 2020Following the adoption of the Paycheck Protection Program Flexibility Act (PPP Flexibility Act), the Small Business Administration (SBA) has released a revised loan forgiveness application, a simplified loan forgiveness application for certain borrowers and instructions to both applications.
June 16, 2020By: Chris Gantt-Sorenson and Perry MacLennan
June 11, 2020On Thursday, June 11, 2020, the Small Business Administration (SBA) issued an update to its initial interim final rule on the Paycheck Protection Program (PPP), which was originally enacted as part of the CARES Act on March 27, 2020. The update incorporates key changes from the Paycheck Protection Program and Health Care Enhancement Act (enacted on April 24) and the Paycheck Protection Program Flexibility Act of 2020 (enacted on June 5). Following are the most important provisions:
June 09, 2020
Those who were not directly affected by illness or loss due to the COVID-19 pandemic may now be more focused on the consequences of what COVID-19 has done to our financial health.