Overview of Services
During this unprecedented time of uncertainty and turmoil in the capital markets, supply chains, service industries, retail world, health industry, travel industry, and overall business environment, there is no “business as usual.” Individuals and businesses need guidance in addressing the many unique and complex issues that have suddenly arisen as a result of enforced business shutdowns and “shelter-at-home” directives, as well as all of the new legislation, including the stimulus package. They find themselves trying to understand how to interpret contract terms in light of these changing circumstances and determine their rights, obligations, and remedies. The attorneys of the Hanson Bridgett Business Disruption Strategies Group have extensive experience analyzing, interpreting, drafting, enforcing, and negotiating solutions within the context of commercial and real estate contracts. We have experience with the issues unique to an early-stage start-up business and its founder(s) as well as the multiple complex issues that large established companies face in dealing with issues associated with their workforce, bankers, vendors, suppliers, customers, brand, and reputation. Our combined experience guarantees that the Business Disruption Strategies Group attorneys will efficiently and effectively provide you and your business with the guidance necessary to stay in front of the quickly changing business environment we are all facing as we collectively work to contain and minimize the effects of COVID-19 on our families, companies, employees, business associates, customers, suppliers, and lenders.
We advise businesses in virtually all industries and sectors in a wide variety of areas, including:
- Bankruptcy and insolvency
- Real estate
- Mergers and acquisitions
- Asset dispositions
- Corporate restructuring
- Privacy
- Labor and employment law
- Employee benefits
- Equity and debt finance
- Tax
- Securities
- Private equity
- Venture capital
- Workforce health and health care.
Key Contacts
News & Resources
COVID-19 Legislation: New Paycheck Protection Program Loan Rules Allow Second Round Funding and Deductibility of Expenses Paid with Forgivable Loan Proceeds
DOL recently stated that the use of private equity investments within professionally managed asset allocation funds is not inconsistent with the plan fiduciaries' ERISA fiduciary duties.
Repricing Underwater Stock Options
Before undertaking a stock option repricing program, consider the tax impact on employees holding ISOs, and corporate and securities laws that govern repricing programs.
Negotiating VC Term Sheets in a Recession
During a recession, founders need to weigh the benefit of receiving financing now vs. the potential chilling effect on future rounds of equity investment.
Federal Reserve Continues to Revise Main Street Lending Program
The Federal Reserve has further revised the terms for the upcoming Main Street Lending Program in order to expand access to the program's three loan facilities.
More Flexibility for PPP Loans Under New Legislation
The new legislation changes PPP loan forgiveness requirements and intends to make the program more flexible for existing and new small business borrowers.
No Deduction for You
The IRS has issued guidance that no deduction is allowed for otherwise deductible expenses if the payment of the expense results in forgiveness of a CARES Act loan and the income associated with the forgiveness is excluded from gross income.
CARES Act Update: New SBA Guidance on PPP Loan 'Necessity'
In certain circumstances, including factors caused by COVID-19, bankruptcy may be the best option for your business.
Top Ten Signals That Your Company is or May be a Candidate for Bankruptcy
In certain circumstances, including factors caused by COVID-19, bankruptcy may be the best option for your business.
SBA Issues Guidance on PPP Loans for Law, Accounting, and Other Service Partnerships
The SBA issues new guidance on the treatment of service partners for the CARES Act Payroll Protection Program, clarifying that partners may not submit a separate PPP loan application.
The Main Street Lending Program: How it Works and Who is it For?
New COVID-19 Main Street Lending Program is for mid-sized businesses with up to 10,000 employees or less than $2.5 billion in revenue.