Governor John Bel Edwards has issued another Executive Order suspending legal deadlines as a result of the COVID 19 pandemic. This order is more comprehensive than prior orders. In Section 5, he extends deadlines in Title 47 (taxation) until at least April 30 and confirms that administrative agency deadlines are also suspended until April 30.
COVID-19
April 7, 2020 Update to CARES Act and Paycheck Protection Program
By Dean Cazenave & Blane Clark on
Posted in Business and Corporate, COVID-19
- Calendar Year 2019 Payroll as Basis for Loan Amount (General Rule). If the borrower was in business for all of 2019, it may use the payroll costs for calendar year 2019 or the last 12 months prior to application (e.g., 4/1/19 – 3/31/20). April 6 guidance issued by the SBA provided:
In general, borrowers…
Cybersecurity Considerations for an Increasingly Remote Workforce
By Jessica Engler on
Posted in COVID-19, Data Security and Privacy
Across the United States and the world, business are closing their doors and moving to remote work to help minimize the spread of COVID-19. Many of these closures have been abrupt, unexpected, and, in some cases, chaotic. As famously stated in Sun-Tzu’s The Art of War, “In the midst of chaos, there is also…
Louisiana Court Closures and Updates in Accordance with COVID-19
By Kean Miller on
Posted in COVID-19, Louisiana in General
The coronavirus continues to adversely impact so many, and the court systems across the country are adapting in kind. On April 2, 2020, Louisiana’s Governor in Proclamation JBE 2020-41 suspended all legal deadlines at least until April 30, 2020. Further, the Louisiana Supreme Court has issued orders over the last few weeks to help the…
Trade Secrets and Teleworking: How to Protect Your Rights in an Evolving Crisis
By Devin Ricci on
Posted in COVID-19, Intellectual Property
Companies that rely upon trade secret information must remain diligent with their rights at all time – one inadvertent disclosure could, in theory, kill trade secret protection. As such, companies will need to adapt and revamp their security measures to account for the mass adoption of teleworking in response to the COVID-19 pandemic. The Uniform…
Louisiana Economic Development Repurposes Funds to Back Louisiana Loan Program for Small Businesses Affected by COVID-19
By Carrie Tournillon on
On Wednesday, April 1, 2020, Governor Edwards announced the availability of a new state-led loan program to provide loans to Louisiana small businesses in response to COVID-19. The Louisiana Loan Portfolio Guaranty Program (“LPGP”) is a partnership of the Louisiana Economic Development (“LED”), the Louisiana Bankers Association (“LBA”) and the Louisiana Public Facilities Authority (“LPFA”).…
Burial Instructions Or “A Grave Concern”
Under Louisiana law, one can provide specific directions or the designation of a specific person to control the internment of that person’s remains. The directions must be in the form of a notarial testament or a written and notarized declaration. In the absence of specific directions, the law creates a priority of persons to make…
DOL Rolls Out Leave Act Regulations and Changes Course on Some Issues
By Brian Carnie, Chelsea Caswell, Edward Hardin, Scott Huffstetler, Michael Lowe, Zoë Vermeulen & David Whitaker on
Posted in COVID-19, Labor and Employment Law
On April 1, the paid leave requirements of the Families First Coronavirus Response Act took effect.
Prior to April 1, the DOL issued both a required employer notice and a series of questions and answers related to the required employer notice under the Act: https://www.dol.gov/sites/dolgov/files/WHD/posters/FFCRA_Poster_WH1422_Non-Federal.pdf and https://www.dol.gov/agencies/whd/pandemic/ffcra-poster-questions. The IRS also issued a series of…
Uncertainties Created by Tax and Accounting Issues Raised by the Paycheck Protection Program in the Coronavirus Aid, Relief, and Economic Security Act
By Jaye Calhoun, Kevin Curry, Angela Adolph, Mark Miller, Phyllis Sims, Robert Schmidt & William Kolarik on
Posted in COVID-19, State and Local Taxation
On March 27, 2020, President Trump signed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (Public Law No: 116-136, the “CARES Act” or the “Act”). Title I of the CARES Act creates the Paycheck Protection Program (discussed in more detail here). Generally speaking, the Paycheck Protection Program permits certain small businesses to…
Governor Edwards Issues Proclamation Addressing Shareholder Meetings During COVID-19 Public Health Emergency
By Ben Jumonville on
Posted in Business and Corporate, COVID-19
On March 26, 2020, Governor John Bel Edwards issued Emergency Proclamation 37 JBE 2020 (the “Proclamation”) providing certain measures intended to aid Louisiana businesses in navigating the COVID-19 pandemic, including a temporary suspension of the statutory requirement that Louisiana corporations notice and hold annual and special shareholder meetings at a physical location.
Generally,…