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Reduced Hours,Reduced Wages, and Layoffs during the COVID-19 Crisis

April 15, 2020

These general rules should be followed when considering a reduction in hours, a reduction in wages, or termination in North Carolina. If there is an employment agreement in place, the provisions of the agreement will generally take precedence over these rules.  Reducing Hours  • An employer is free to adjust the hours of its employees…

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SEC and Investigations

April 15, 2020

SEC Enforcement Expected To Surge On COVID Volatility Following the erratic stock market swings fueled by the COVID-19 crisis, attorneys expect a surge in U.S. Securities and Exchange Commission investigations tackling a broad range of potential violations, from outright fraud to disclosure issues. The SEC will put investment firms, broker-dealers and public companies under the…

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Debt Relief beyond the PPP – Loans Eligible for the SBA to make Six Months of Payments

April 15, 2020

Aside from the Paycheck Protection Program, are you aware of the other small business relief program created by the CARES Act? Under the Debt Relief Program, the SBA will automatically be making six months’ worth of payments on eligible loans, including existing loans and any new loans taken out prior to September 27, 2020. For…

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Do you know what novel law is?

April 14, 2020

Novel Legal Challenges from the New Coronavirus: Force Majeure The unfolding situation is implicating previously seldom-used contractual excuses in a variety of commercial contexts. This article explores potential frameworks for navigating contractual challenges in light of potential future litigation. The business community is faced with unforeseen litigation risk, in addition to the other challenges it…

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GM Seeks Tariff Relief for Ventilator Parts

April 14, 2020

WASHINGTON—General Motors Co. is asking the Trump administration to drop import tariffs on Chinese parts that the auto maker needs to make ventilators, saying the levies will make it more expensive to build desperately needed machines that can save lives. In a letter to the U.S. Trade Representative, GM officials asked the federal government to…

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Paycheck Protection Program

April 13, 2020

Best regards und viele Grüße aus Charlotte Reinhard von Hennigs www.bridgehouse.law

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When does your passport expire?

April 9, 2020

Best regards und viele Grüße aus Charlotte Reinhard von Hennigs www.bridgehouse.law

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Which Businesses are “Essential” or “Critical” under the South Carolina Executive Orders?

April 8, 2020

Beginning last week on Wednesday, April 1st, in South Carolina non-essential businesses, venues, facilities, and services were ordered to be closed to non-employees and the public. In the latest Executive Orders issued on April 3rd & 6th, South Carolina Governor McMaster has further defined which businesses must be closed. The latest “Home or Work Order” (No. 2020-21),…

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Do you qualify for unemployment benefits?

April 8, 2020

Best regards und viele Grüße aus Charlotte Reinhard von Hennigs www.bridgehouse.law

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E-2 visa and unemployment benefits eligibility

April 7, 2020

Many of our clients have employees with E-visa working here in the US. Due to the coronavirus outbreak, some of these employees may have been laid off. Their question may be: “Can I apply for unemployment benefits? If I apply for unemployment benefits, will the government determine that I am likely to become a public…

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