Firm Insights

Hot Off the Press: SBA Releases New FAQs on PPP Loan Forgiveness

By Michelle F. Schwerin / August 7, 2020 / Comments Off on Hot Off the Press: SBA Releases New FAQs on PPP Loan Forgiveness

On August 4, 2020, the Small Business Administration (“SBA”) released a new set of Frequently Asked Questions (“FAQs”) addressing forgiveness of Paycheck Protection Program (PPP) Loans.  These FAQs supplement the 49 FAQs previously published by the SBA and Treasury addressing the PPP generally. The 23 FAQs are broken into four categories: General Loan Forgiveness (3…

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Who’s a Trademark Knucklehead Now? From Covfefe to COVID-19 to Aunt Jemima

By Michael A. Kahn / August 4, 2020 / Comments Off on Who’s a Trademark Knucklehead Now? From Covfefe to COVID-19 to Aunt Jemima

These have been strange times for all of us, and uniquely strange to those toiling in the field of trademark law. And for us it’s getting stranger every day. Cue Frank Sinatra’s “Send in the Clowns. Trademark Tales: Covfefe® Really? It began in 2017 with that mysterious 7-letter typo in one of Donald Trump’s wee-hours…

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How a 100-Year Pandemic Causes “Direct Physical Loss” and Triggers Business Interruption Insurance Coverage

By Aaron E. Schwartz / August 1, 2020 / Comments Off on How a 100-Year Pandemic Causes “Direct Physical Loss” and Triggers Business Interruption Insurance Coverage

Since the outset of the COVID-19 pandemic, the insurance industry has told anyone who will listen that business interruption insurance coverage is not available for coronavirus-related claims because there is no “direct physical loss or damage” necessary to trigger coverage. While insurers insist that direct physical damage (for instance fire, hail, landslide, or explosion) is…

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