Blog

The Pandemic is Raging and I Have a Commercial Lease– Now What?

May 6, 2020

Without doubt, by now, nearly every human being on the planet has been impacted by the Covid-19 pandemic to some degree. If you have a commercial lease, as either a landlord or tenant, how to proceed both now and after the pandemic is a real and present concern. Even as states begin to reopen businesses,…

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

April 9, 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 regardless…

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The State of North Carolina’s new “Stay at Home” Order Business Considerations in the times of CoVID-19

March 30, 2020

The Order is similar to many of the restrictions that are currently in place in Mecklenburg County and the City of Charlotte. As per the terms of the new statewide Order, in the event that the provisions of the County Stay at Home order are more restrictive than the statewide order, then those more restrictive…

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The CARES Act – Which businesses will qualify for a Small Business Administration Loan?

March 27, 2020

The CARES Act has officially passed in the Senate and a vote is expected in the House on Friday, March 27th. If the Bill is signed into law as expected, $350 billion will be dedicated to preventing layoffs and business closures while workers stay home during the outbreak. Companies with 500 employees or fewer that…

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COVID-19 and the Force Majeure

March 24, 2020

The current pandemic brought on by the COVID-19 virus has impacted supply chains; the ability to move around freely; and in some cases has shut down manufacturing entirely. Government actions including declaring states of emergency, closing borders and shelter in place orders may be the types of events that often fall within the parameters of…

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REMINDER – Annual Reports must be filed!

March 20, 2020

In addition to our updates on new legislation and regulations coming out, we wanted to remind you that Annual Report filing requirements are still in effect for each of the states. The filing deadline for Georgia is April 1, 2020 and North Carolina is April 15, 2020. Delaware’s deadline for corporations was March 15, 2020…

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SBA Assistance Resources in Light of Covid-19 Pandemic

March 19, 2020

The COVID-19 pandemic has resulted in modified and additional SBA resources to help our small businesses, small aquacultural businesses, small agricultural cooperatives and/or most private nonprofit organizations. Economic Injury Disaster Loans (EIDLs) The SBA has approved the North Carolina Governor’s request for a disaster declaration, and you may begin the application process. Applicants are encouraged…

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CA Implements First US Consumer Data Privacy Law

January 8, 2020

With the start of 2020, California residents are the first in the country to have enhanced privacy protections akin to those provided in the EU under the General Data Protection Regulation (GDPR). The California Consumer Privacy Act (CCPA), passed in September of 2018, gives Californians certain rights over the personal data collected by companies such…

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Hurricane Season and the Force Majeure

September 10, 2019

It is fall in the Southeast and for many of us that means hurricane season has arrived. Last week’s visit by Hurricane Dorian was a stark reminder of the impact that the weather can have on our businesses and day-to-day operations. Governors in the many of the southern states declared states of emergency and mandatory…

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CAN A BREACH OF CONTRACT JUSTIFY CORPORATE VEIL PIERCING?

April 23, 2019

CAN A BREACH OF CONTRACT JUSTIFY CORPORATE VEIL PIERCING? By Samira Schakirova Law Clerk Bridgehouselaw LLP In a recent North Carolina Business Court decision, the court reviewed whether a breach of contract itself was sufficient to pierce the corporate veil. Plaintiff Kerry Bodenhamer Farms (KB Farms) and Defendant Nature’s Pearl entered into a written supply…

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