The Lawrence Kamin family mourns the loss of our respected colleague and friend, Désirée L. Grode, who passed away on February 12, 2021. Désirée recently joined our Estate Planning practice in 2020 as an “Of Counsel” attorney assisting clients with their estate planning and probate administration matters. She exhibited great passion for her work and […]
In Memoriam: Paul B. Uhlenhop 1936-2021 Beloved Partner, Colleague, and Friend Paul Buscher Uhlenhop, 84, a Senior Partner of Lawrence Kamin, LLC and prominent legal expert in financial services compliance and regulation law, passed away on January 30, 2021, surrounded by his devoted family. In so many ways, Paul was the very soul of our […]
As the Coronavirus pandemic continues to sweep through the United States, schools are shuttering for the Fall session, employers are extending remote work plans, and the nation’s healthcare system is preparing for an upward trend in positive COVID-19 cases, hospitalizations and, sadly, deaths. With the rates at which people have suddenly fallen ill and become incapacitated from…
On August 8, 2020, President Trump took the unusual—and highly controversial—unilateral executive action route to provide limited economic relief to U.S. citizens without the approval of Congress. His actions were in the form of three executive memoranda and one executive order, which are summarized herein.
Lawrence Kamin, LLC is pleased to announce that our decorated colleague, Barry B. Nekritz, has joined a distinguished national group as an appointed Founding Fellow of the American College of LLC and Partnership Attorneys. The College honors members of the Bar who have substantial experience and have distinguished themselves by devoting their time to advancing […]
In early June 2020, Congress adopted and the President signed the Payroll Protection Program (“PPP”) Flexibility Act of 2020 (“Flexibility Act”), which was designed to ease some of the strictures and address some of the confusion arising from the PPP. In particular, the Flexibility Act expanded the Covered Period for loan forgiveness from eight…
Congress Adopts PPP Flexibility Act of 2020, Easing Loan Terms Since the passage of the CARES Act on March 27, 2020, and the introduction of the Payroll Protection Program (“PPP”) on April 3, 2020, almost four and a half million businesses, non-profit organizations, and self-employed individuals have received PPP loans totaling some $510 billion. The Department of Treasury and the Small Business…
SBA Issues Interim Final Rule on PPP Loan Forgiveness On Friday, May 15, 2020, the Small Business Administration began outlining the process for obtaining forgiveness of loans issued pursuant to the Payroll Protection Program, when it issued SBA Form 3508, entitled “Paycheck Protection Program Loan Forgiveness Application” (“Forgiveness Application”). The 11-page document sets forth write papers information and documentation required to obtain loan…
After Congress’s adoption of the Coronavirus Aid, Relief and Economic Security (“CARES”) Act, including the Payroll Protection Program (“PPP”) on March 27, 2020, the Department of the Treasury and the Small Business Administration (“SBA”) issued an Interim Final Rule (“Final Rule”) that governed the implementation of the CARES Act. Since then, the SBA has…
Congress created the Paycheck Protection Program (PPP) as a key avenue for economic relief under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Small businesses quickly drew down the $350 billion free grammar checker that Congress set aside for the program, and Congress is in the process of authorizing an additional $310 billion…
