Levene Gouldin & Thompson, LLP, has been named a Tier 1 “Best Law Firm” in Binghamton for seven of its practice areas by US News - Best Lawyers® "Best Law Firms" in 2021.
LG&T received Tier 1 rankings in the following areas: Business Organizations (including LLCS and Partnerships); Commercial Litigation; Elder Law; Litigation - Labor & Employment; Medical Malpractice Law - Defendants; Real Estate Law; and Trust & Estates Law.
LG&T received a Tier 2 ranking [...]
The CDC recently updated its definition of “close contact.” Previously, the CDC defined “close contact” as being within 6 feet of an infected person for 15 consecutive minutes. Now, the CDC defines it as being “within 6 feet of an infected person for a cumulative total of 15 minutes or more over a 24-hour period starting from 2 days before illness onset (or, for asymptomatic patients, 2 days prior to test specimen collection) until the time the patient is [...]
On April 3, 2020 Governor Cuomo signed a bill amending the Labor Law requiring New York employers to provide sick leave to all employees; accrual and recordkeeping obligations became effective September 30, 2020
New York has now released a summary of this new law available here: https://www.ny.gov/new-york-paid-sick-leave/new-york-paid-sick-leave
New York has also released a FAQ document, available here: https://www.ny.gov/sites/ny.gov/files/atoms/files/PSL_FAQ_PaidSickLeaveFAQ.pdf
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New Forgiveness Application and Relief from Forgiveness Reduction for PPP Loans under $50,000 and Limitation of Lender Review of Expenses that Exceed Those Necessary for Forgiveness
The latest Interim Final Rule issued by the SBA on October 8, 2020 addresses the following:
Another new forgiveness application has been issued: SBA Form 3508S
Borrowers with a PPP loan of $50,000 or less, other than any borrower that together with its affiliates received loans totaling $2 million or [...]
The SBA released a Procedural Notice (the “Notice”) effective October 2, 2020 that provides information concerning the required procedures for changes of ownership of an entity that received Paycheck Protection Program (“PPP”) funds.
For purposes of the PPP, a “change of ownership” will be considered to have occurred when:• at least 20 percent of the common stock or other ownership interest of a PPP borrower (including a publicly traded entity) is sold [...]