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Five Key Topics for Beverage and Food Companies in 2025

2025 will be a transformational year for the beverage and food industry, which has already been dramatically impacted by shifting market trends and profound policy changes. Here are the top five topics influencing the...more

Sue Them All? SCOTUS Vacates $43 Million Trademark Judgment

To plead, or not to plead. That is a question trademark infringement plaintiffs will need to carefully consider with their legal counsel when deciding which parties to name as defendants in a lawsuit and which legal arguments...more

Understanding Suppliers’ Rights and Remedies in Retail and Hospitality Bankruptcies

On May 14, Outfox Hospitality LLC, the parent company of the retail chain Foxtrot Market, along with its affiliates, filed for Chapter 7 bankruptcy protection in the Bankruptcy Court for the District of Delaware, with the...more

Beverage & Food Industry in 2024: 10 Hot Topics for Beverage & Food Industry Founders, Investors, and Executives

2023 was a pivotal year for the beverage and food industry globally, creating new categories of winners and losers across the board. With a full year of operations largely relieved of pandemic-era restrictions, restaurant...more

Major League Cricket Launches in the United States

On Thursday, July 13, 2023, Major League Cricket (MLC) launched its inaugural season to a sold-out stadium in Grand Prairie, Texas. The Texas Super Kings beat the Los Angeles Knight Riders by 69 runs, in an exciting opening...more

The Four Things that Companies Need to Know About Protecting Trade Secrets

Protecting trade secrets is critical for any company. Being proactive and consistent is the best way to keep your company’s secrets safe. Keeping Your Trade Secrets Secret - It is critical for new businesses (and...more

The Metaverse: Considerations for VCs Evaluating Investments in the Next Digital Frontier

The metaverse is shaping up to be the next frontier in digital commerce, with businesses across industries spending millions of dollars buying digital real estate and investing in platforms to be market leaders. This has made...more

Celebrity Collaborations Are All the Buzz: Six Key Considerations for Alcohol Beverage Brands and Celebrities

What do comedian Kevin Hart, model Kendall Jenner, rapper Snoop Dogg, actor Dwayne “The Rock”, Johnson and CNBC’s “Mad Money” host Jim Cramer have in common? They all have inked deals recently to promote alcohol beverage...more

The Metaverse: Alcohol Beverage Industry’s Next Marketing Frontier?

The metaverse is widely regarded as the next frontier in digital commerce, with businesses across industries spending millions of dollars buying digital real estate and investing in platforms to be market leaders. Alcohol...more

Distinguishing Hype From Fraud: Tech Startup Founder’s 97-Month Sentence Provides Cautionary Tale

The Department of Justice is on high alert for situations when hype turns to fraud at tech startups. Journalist John Carreyrou, whose reporting helped expose what the SEC called an “elaborate, years-long fraud” by Theranos...more

Congress Extends PPP Application Period Until End of May

On March 25, 2021, Congress passed the PPP Extension Act of 2021 (PPP Extension Act), to extend the application window for small businesses to apply for Paycheck Protection Program (PPP) loans by an additional two months....more

Congress Provides Lifeline To Restaurants Impacted by Pandemic

Earlier this afternoon, as part of the American Rescue Plan Act of 2021 (the Act), Congress established a $28.6 billion fund to provide grants to restaurants that have been devastated by the pandemic (the Restaurant...more

SBA Guidance for Expanded Paycheck Protection Program

The new guidance includes helpful information about additional ‘eligible costs’ for which PPP funds may be used. On January 6, 2021, the Small Business Administration (SBA) released additional guidance for the Paycheck...more

Congress Passes Expanded Paycheck Protection Program (PPP) Including Second Draw

The highly anticipated coronavirus relief package was passed by Congress late on December 21, 2020, and is expected to be signed into law in the coming days. As part of the coronavirus relief package, Congress has...more

PPP Application Period Extended 5 More Weeks

On July 4, 2020, the PPP Extension Bill (PPP Extension), was enacted to give small businesses more time to apply for loans under the Paycheck Protection Program (PPP). With approximately $130 billion remaining available...more

SBA Releases EZ Forgiveness Application for PPP Loans

On June 17, 2020, the US Small Business Administration (SBA), in consultation with the Department of the Treasury, published a new PPP Loan Forgiveness Application Form 3508EZ (EZ Forgiveness Application), which requires...more

President Signs PPP Flexibility Act Helping Borrowers

On Friday, June 5 President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (PPP Flexibility Act) into law. The PPP Flexibility Act modifies the Paycheck Protection Program (PPP) that was contained in the...more

SBA and Treasury Department Release PPP Forgiveness Regulations

On May 22, 2020, the Small Business Administration (SBA) and US Department of Treasury released long-promised forgiveness regulations (Regulations) for the Paycheck Protection Program (PPP). The Regulations provide greater...more

Small Business Administration Releases PPP Forgiveness Application

On May 15, 2020, the Small Business Administration (SBA) released the Loan Forgiveness Application for loans under the Paycheck Protection Program (PPP). The release of the Forgiveness Application sheds further light on the...more

PPP Loan Forgiveness: SBA Issues More Guidance

Notable developments involving eligibility under the Paycheck Protection Program and the PPP’s loan forgiveness process have occurred in recent days. First, litigation has progressed in federal court over whether the interim...more

Are You Prepared? Audits & Investigations Under the Paycheck Protection Program

Congress created the Paycheck Protection Program (PPP), part of the CARES Act and administered by the Small Business Administration (SBA) and Treasury Department, to provide relief to small businesses in dire need of...more

Newly Released Guidance on Rehiring Employees for PPP Borrowers

On May 3, 2020, the SBA and the US Department of the Treasury released new guidance to assist businesses with calculating the forgiveness amount for Paycheck Protection Program (PPP) loans, with respect to employees who...more

Fed Announces Key Changes to Main Street Lending Program

Revised term sheets and FAQs issued by the Federal Reserve Board expand the program and provide additional guidance for borrowers affected by the COVID-19 crisis. A chart outlining the updated term sheets can be found in the...more

IRS Bars Potential Double Tax Benefit for Use of PPP Loan Proceeds

Under IRS Notice 2020-32, no deduction is allowed for a payment that is otherwise deductible if the payment of the expense results in forgiveness of a covered loan pursuant to the CARES Act and the income associated with such...more

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