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Automotive Sales & Service

Haynsworth Sinkler Boyd’s Rob Reibold Graduates from Leadership South Carolina

September 10, 2020

Haynsworth Sinkler Boyd is pleased to announce that Rob Reibold has graduated from Leadership South Carolina. Rob is one of 47 graduates for the class of 2020.

South Carolina Court of Appeals Reverses Trial Court Ruling Permitting Class Action Arbitration Against Automobile Dealer

August 26, 2020

Automobile dealers and other businesses often employ arbitration agreements in contracts with their customers. One recurring question about these arbitration agreements is whether they permit class action arbitration or instead only allow for individual arbitration – especially where a particular arbitration agreement is silent regarding class arbitration. The difference can be significant. In a class arbitration, hundreds or thousands of claims can be adjudicated in a single proceeding, and, if an award results against the dealership or business, the size of the award naturally increases dramatically.

Mary Caskey Named One of Columbia’s 2020 “Women of Influence”

August 04, 2020

Haynsworth Sinkler Boyd is pleased to announce that Mary Caskey has been selected as one of nineteen “Women of Influence” by the Columbia Regional Business Report. Mary and her fellow honorees will be recognized virtually in September.

HSB Webinar: COVID-19 Update

July 01, 2020

On July 8, HSB’s Employment Law team provided an update via webinar on COVID-19’s continued impact on SC employers.  

SBA Issues Updates to Initial Interim Final Rule on Paycheck Protection Program

June 11, 2020

On 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(SBA) issued an update to its initial interim final rule on the Paycheck Protection Program (PPP), which was originally enacted as part of the CARES Act on March 27, 2020.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:

PPP Flexibility Act Signed Into Law

June 05, 2020

By: Will Johnson and Perry MacLennan

On Wednesday evening, the U.S. Senate passed the Paycheck Protection Program Flexibility Act (the “Act”), which amends the CARES Act to provide businesses with greater flexibility in the use of PPP funds. President Trump signed the bill into law today, June 5. Below is a summary of the key changes.

PPP Update: SBA Issues Additional Interim Final Rules

May 23, 2020

One week after issuing the long-awaited Paycheck Protection Program (PPP) Loan Forgiveness Application, summarized here, the Small Business Administration (SBA) issued two interim final rules on May 22, 2020 addressing loan forgiveness, loan review procedures, and borrower and lender responsibilities.
 

Summary of SBA’s PPP Loan Forgiveness Application and Instructions Issued May 15, 2020

May 16, 2020

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”) together with instructions (the “Instructions”), on May 15, 2020. 
 

Guidance for Lenders on PPP Forgiveness

May 16, 2020

The Small Business Administration issued the long-awaited Paycheck Protection Program Loan Forgiveness Application (the “Application”), together with instructions (the “Instructions”), on May 15, 2020. 

Senate Passes Paycheck Protection Program and Health Care Enhancement Act to Add $310 Billion to Paycheck Protection Program

April 22, 2020

The United States Senate passed a bill on Tuesday, April 21, to increase the $349 billion cap under the Paycheck Protection Program (PPP). The “Paycheck Protection Program and Health Care Enhancement Act” would add another $310 billion in funding to the PPP, increasing the total amount to $659 billion.
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