EPGD Business Law
Is there a Grace Period for Rental Payments during the COVID-19 Pandemic?
A grace period is a predetermined period of time immediately following a payment due date during which a late fee
Eric Gros-Dubois March 30, 2020
Eric Gros-Dubois
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EPGD Business Law
CARES ACT §1102 Paycheck Protection Program §1106 Loan Forgiveness
EXECUTIVE SUMMARY: The CARES ACT passed by the U.S. Congress on Friday, March 27, 2020 and signed into law by
Eric Gros-Dubois March 30, 2020
Real Estate Law
Freddie Mac, Fannie Mae Protect Renters From Eviction During Coronavirus
Last week Fannie Mae and Freddie Mac suspended evictions and foreclosures for families living in houses financed through one of their loans. This policy was now extended by the two banks to include renters as well, in the event when they are not able to pay rent due to the coronavirus outbreak.
Eric Gros-Dubois March 27, 2020
COVID-19
What Economic Assistance is Available to Small Businesses During the Coronavirus Pandemic?
The federal and state governments have offered a variety of aid or relief to individuals and small business owners related
Eric Gros-Dubois March 19, 2020
COVID-19
What Happens if my City Passes an Emergency Ordinance in Response to COVID -19 that is More Restrictive than My State’s Emergency Order? Which Law do I Follow?
When conflict between laws or orders issued from different levels of government exists, the law at the higher level will typically govern unless that law or declaration is found to be unconstitutional. For instance, when federal and state law is in conflict, the federal law will supersede, or preempt, the state law and take precedence due to the supremacy clause of the United States Constitution.
Eric Gros-Dubois March 19, 2020
Business Law
Should you Lease Property to a Business?
Saving money on taxes is a great incentive to consider leasing your assets to a corporation. It is common for shareholders of corporations to lease real estate, equipment, and other property, such as vehicles, to the corporation, either directly or indirectly.
Eric Gros-Dubois March 16, 2020
Business Law
What is an Operating Agreement?
The operating agreement for an LLC is imperative because it can outline all the company’s procedural and financial decisions. Although an operating agreement is not required in many states, most limited liability owners create an operating agreement as soon as they create their company. The operating agreement protects owners and sets out anything that has been orally agreed on.
Eric Gros-Dubois March 16, 2020
Business Law
What is a Third-Party Purchaser?
When most people think of foreclosures, the two parties instantly discussed are the owner that is being foreclosed upon and the bank that is doing the foreclosing. However, when the property is headed to the auction block there is another party that comes into the picture: third party purchasers. When the bank lists the property at the foreclosure auction, a third-party purchaser often decides to buy the property if he or she believes it is a good deal. Third-party purchaser can take strategic risks and make money through legal loopholes.
Eric Gros-Dubois March 13, 2020
Real Estate Law
Can you file for Bankruptcy if your House is in Foreclosure?
If you believe foreclosure is imminent and need assistance moving forward, please do not hesitate to contact one of our knowledgeable attorneys at EPGD Business Law.
Eric Gros-Dubois March 13, 2020
Business Law
Can an Employer Inquire into Whether its Employees have been Exposed to Coronavirus?
The COVID-19 Virus (“Coronavirus”) is presenting challenges for businesses in a multitude of areas. One particularly concerning prospect is an employee being exposed to the virus and in turn contaminating the rest of the business. While employers may want to ask their employees questions about their health to evaluate the risk of exposure, employers need to be aware of the various laws surrounding this sensitive topic.
Eric Gros-Dubois March 13, 2020
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