Clarity for PPP Loan Recipients

As most are now aware, a business can obtain a loan pursuant to the PPP of the CARES Act and have some or all of the loan proceeds forgiven if the business uses such loan for its intended purposes (75% payroll and 25% rent, primarily).  There has been speculation that...

The Governor’s Executive Order

This afternoon, Governor Abbott signed an Executive Order “relating to the expanded reopening of services” as part of the Open Texas strategic plan. Here are a few noteworthy takeaways: On Thursday, April 30, 2020, the Texas Stay At Home Order expires. The new...