BW INSIGHTS

COVID-19 As We Enter May: What Should Employers Be Thinking About?

By Danielle Smid | 05.04.2020
While legal considerations will vary by business priorities, practicalities, and industry, we have seen several recurring topics on employers’ minds as we begin a new month in this coronavirus pandemic. Below, I’ve outlined a quick list of topics to make sure your company is on top of: Leave requirements under Families First Coronavirus Response... Read More

PPP Portal Opens to Small Lenders Only for 8 Hours

By BrownWinick | 04.29.2020
On Wednesday, April 29, the U.S. Treasury and Small Business Administration (“SBA”) announced that for eight hours, big banks will be prevented from accessing the Paycheck Protection Program (“PPP”) portal. During this time, small lenders will have exclusive access to submitting applications for PPP loans. A lender with under $1 billion in assets... Read More

Paycheck Protection Program Resumes Monday, April 27th

By Amy Johnson | 04.24.2020
If you have not already taken advantage of it, the SBA will be accepting PPP applications starting Monday morning. We recommend reaching out to your banker right away to get the ball rolling as the new appropriation will be given on a first-come first-served basis. Let us know what we can do to be of assistance – we have already helped numerous... Read More

Making a big change to your business? We can help.

By BrownWinick | 04.21.2020
COVID-19 has drastically altered market demands and in response, some companies are temporarily changing their business models to manufacture products that are desperately needed. We have ethanol plants manufacturing hand sanitizer, clothing companies making surgical gowns, and plastic molding companies making face shields. One hurdle to making... Read More

COVID-19 Update: New Proclamation Restricting Northeast Iowa Activities

By Matthew McKinney | 04.16.2020
Today, Governor Reynolds announced additional restrictions in Northeast Iowa due to the heightened risk of COVID-19. Risk is based upon several factors, measured across 6 different geographic regions (as we’ve outlined before and depicted on the attached map), and ranked on a scale of 1 - 10 (10 being highest risk). Today, region 6 (northeast... Read More

Negotiating M&A Deal Terms During the COVID-19 Outbreak

By BrownWinick | 04.13.2020
If you are in the process of negotiating the purchase or sale of a company’s assets, a large ownership stake in a company or some other merger or acquisition (“M&A”) transaction for a business, consider if and how COVID-19 could impact the terms of your deal, including those listed below. 1 - Purchase Price: Before signing up a deal, the parties... Read More

UPDATE - Do Health Care Providers Have Legal Immunity When Treating COVID-19 Patients?

By Drew Larson | 04.10.2020
I previously wrote a blog discussing the lack of legal immunity for health care providers treating COVID-19 patients (read here). However, since then, Governor Kim Reynolds, in coordination with the Iowa Department of Public Health (“IDPH”), issued the Personal Protective Equipment (“PPE”) Shortage Order due to PPE limitations. This Order does... Read More

Federal Bank Regulators Issue New Guidance on Paycheck Protection Program Facility

By Ellen Hames | 04.10.2020
Type of Action: Interim Final Rule Issued By: Department of Treasury Office of Comptroller of the Currency (“OCC”), the Board of Governors of the Federal Reserve System (“Board”), and the Federal Deposit Insurance Corporation (“FDIC”). Date issued: April 9, 2020 To provide a bit of background – on April 7, 2020 the Board authorized Federal Reserve... Read More

Is Your Business at Risk for Coronavirus Lawsuits, and What Can You Do NOW To Avoid It?

By Michael Dee | 04.06.2020
Whether you are a small business, large business or even a government entity, are you ready (or preparing your business) for the onslaught of lawsuits resulting from the pandemic? Google “coronavirus lawsuits” — over 300 billion hits. Unfortunately, a number of those hits are plaintiffs’ class action law firms asking people to submit information... Read More

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