We are urging all franchisees of Subway branded restaurants to review their leases and franchise agreements without delay. – While COVID-19 has hit the food service industry hard, the impact has been particularly devastating for many Subway Restaurant franchisees in…
PPPFA Modifies Forgiveness For PPP Loans
On Friday, June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) became law. Pursuant to the PPPFA, current PPP borrowers can choose to extend the original eight-week period spend the PPP funds to 24 weeks, or they can keep…
SHOULD FEAR OF BUSINESS BANKRUPTCIES LEAD US TO REOPEN IMMEDIATELY?
No: Business Bankruptcies Should Be Viewed as a Symptom and Not a Cause. This week several people have asked whether new chapter 11 bankruptcy filings are evidence that our nation must change course immediately. I do not believe that…