BW INSIGHTS

COVID-19 Update: New Proclamation Restricting Northeast Iowa Activities

By Matthew McKinney | 04.16.2020
Today, Governor Reynolds announced additional restrictions in Northeast Iowa due to the heightened risk of COVID-19. Risk is based upon several factors, measured across 6 different geographic regions (as we’ve outlined before and depicted on the attached map), and ranked on a scale of 1 - 10 (10 being highest risk). Today, region 6 (northeast... Read More

Negotiating M&A Deal Terms During the COVID-19 Outbreak

By BrownWinick | 04.13.2020
If you are in the process of negotiating the purchase or sale of a company’s assets, a large ownership stake in a company or some other merger or acquisition (“M&A”) transaction for a business, consider if and how COVID-19 could impact the terms of your deal, including those listed below. 1 - Purchase Price: Before signing up a deal, the parties... Read More

UPDATE - Do Health Care Providers Have Legal Immunity When Treating COVID-19 Patients?

By Drew Larson | 04.10.2020
I previously wrote a blog discussing the lack of legal immunity for health care providers treating COVID-19 patients (read here). However, since then, Governor Kim Reynolds, in coordination with the Iowa Department of Public Health (“IDPH”), issued the Personal Protective Equipment (“PPE”) Shortage Order due to PPE limitations. This Order does... Read More

Federal Bank Regulators Issue New Guidance on Paycheck Protection Program Facility

By Ellen Hames | 04.10.2020
Type of Action: Interim Final Rule Issued By: Department of Treasury Office of Comptroller of the Currency (“OCC”), the Board of Governors of the Federal Reserve System (“Board”), and the Federal Deposit Insurance Corporation (“FDIC”). Date issued: April 9, 2020 To provide a bit of background – on April 7, 2020 the Board authorized Federal Reserve... Read More

Is Your Business at Risk for Coronavirus Lawsuits, and What Can You Do NOW To Avoid It?

By Michael Dee | 04.06.2020
Whether you are a small business, large business or even a government entity, are you ready (or preparing your business) for the onslaught of lawsuits resulting from the pandemic? Google “coronavirus lawsuits” — over 300 billion hits. Unfortunately, a number of those hits are plaintiffs’ class action law firms asking people to submit information... Read More

Interim Final Rule Issued for Paycheck Protection Program April 3, 2020

By Ellen Hames | 04.03.2020
On April 3, 2020, the U.S. Small Business Administration issued an Interim Final Rule regarding the Paycheck Protection Program, accessible here: https://content.sba.gov/sites/default/files/2020-04/PPP--IFRN%20FINAL.pdf (the “Rules”). These Rules implement the Paycheck Protection Program sections (sections 1102 and 1106) of the Coronavirus Aid,... Read More

Leading Through Chaos

By Brian McCormac | 04.02.2020
I recently had the pleasure of participating in a panel discussion on “Leading through Chaos” with Dawn Buzynski of Strategic America and Vince Newendorp of Vermeer. Little did any of us know that about two weeks later the stock market would crater, a global pandemic would cause most of the nation to be placed on lock-down, and vast business... Read More

Small Business Exemption to FFCRA

By Danielle Smid | 03.31.2020
The Families First Coronavirus Response Act (FFCRA) contains a potential exemption for certain small employers who cannot afford to provide the childcare-related paid leave requirements under the FFCRA. Although we are still waiting on the official regulations to be issued by the DOL, there has been additional guidance issued by the DOL in the... Read More

Do You Have Insurance for Lost Business Due to COVID-19?

By Ellen Hames | 03.31.2020
Unless you are extraordinarily fortunate, your business will surely see a drop in revenue due to the economic slowdown caused by the virus. Do you have insurance coverage for this? Past world events such as the Ebola outbreak, 9/11 and hurricanes can provide some guidance. Rest assured, however, that insurance companies will be inundated with... Read More

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