Blog

What can the $20 million Lowe’s lawsuit teach businesses

July 30, 2020

What can the $20 million Lowe’s Lawsuit Teach Other Businesses A lawsuit was filed recently against Lowes seeking $20 million USD in damages. This case shows how easily even a high-level corporation can run into trouble in these difficult times. So, what happened? At a Lowe’s store in California, a customer encountered a man on…

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What is a Class Action? What You Need to Know About Class Actions

July 15, 2020

What You Need to Know About Class Action Lawsuits What is a class action? A class action lawsuit is a type of lawsuit that allows a large group of people who were wronged by an individual or company to come together as one to sue them. A situation that may cause a class action lawsuit…

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How Small to Medium-Sized Enterprises will Benefit from the USMCA

July 7, 2020

How the USMCA will help Small and Medium-Sized Enterprises (SMEs) The USMCA is a new trade agreement between the United States, Canada, and Mexico that replaced NAFTA on July 1st of this year. The agreement places a large emphasis on supporting small and medium-sized enterprises (SMEs) in North America, including a new feature: a chapter…

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What is a Registered Agent?

July 6, 2020

What Does a Registered Agent Do? A corporation or LLC must identify a registered agent in each state where they are registered. A registered agent is a person or entity that is designated to receive important legal documents on behalf of your business. The types of legal documents sent to a registered agent may include…

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Jeep Look-alike, Mahindra Roxor in Legal Trouble

July 2, 2020

What is the Mahindra Roxor and why are they in a Legal Dispute for looking like a Jeep? What is the Mahindra Roxor and why were they accused of trade dress infringement? Before we start on that, we first have to explain what a trade dress is. A trade dress is intellectual property protection for…

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State Level Foreign Entity Registration

July 1, 2020

Doing Business in Another State – Foreign Entity Registration   What is foreign entity registration on a state level? A “foreign” entity does not always mean that a company is incorporated outside the US. At the state level, a foreign entity may refer to a company that was incorporated in a different state. If your…

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PPP Loan – Counting of Employees and Foreign Affiliates

May 8, 2020

As previously discussed earlier this Spring, the Paycheck Protection Program (“PPP”) enacted through the CARES ACT is a Federal Program that has been marked with more questions than answers. As the days pass and the implications of the program are evaluated by the government and public, the Small Business Administration (“SBA”) and Department of Treasury…

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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 3 rd & 6th, South Carolina Governor McMaster has further defined which businesses must be closed. The latest “Home or Work…

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Can my PPP loan be forgiven in whole or in part?

April 6, 2020

Payroll Protection Program After the Small Business Administration (SBA) applications under the CARES Act for the Paycheck Protection Program are now possible and many banks have opened their portals and applications are pouring in, the next question is: can the loan be forgiven? The quick answer is: Yes. We suggest that you open a new…

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Payroll Protection Program

April 3, 2020

How do I calculate the maximum amount I can borrow? The following methodology, which is one of the methodologies contained in the Act, will be most useful for many applicants. • Step 1: Aggregate payroll costs (defined in detail below in from the last twelve months for employees whose principal place of residence is the…

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