Borrowers beware: understand CARES Act loan documents before signing

Hand washing, social distancing, the Governor’s shut down of non-essential businesses – the free fall resulting from COVID-19 was swift and had everyone’s heads spinning, while clever memes crowded social media (“Yes, it is March 98th”). Businesses, and small businesses especially, went from historic highs to wondering if they will exist six months from now.

Support for businesses navigating COVID-19 financial assistance options

Saxton & Stump partners with businesses to navigate the challenges of the COVID-19 pandemic. Our attorneys provide multiple levels of guidance, analysis and support when determining what options are available to you related to the financial health of your company. We are providing these legal services at an efficient, discounted fee structure to help you through these uncertain times.

President Trump signs $2 trillion coronavirus relief bill – what it means for businesses

President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act which provides $2 trillion in relief, including large sums of cash to hospitals and broader access to testing for individuals. The 880-page Act includes economic stimulus money ranging from individual rebates and small business loans to increased unemployment support and tax breaks. T

The Importance of a Letter of Intent in Mergers and Acquisitions: Reach an Understanding Before Committing Time and Resources

  This is the second installment in our four-part series, “Key Stages in Buying and Selling Businesses.” In this series, we explore critical stages in the mergers and acquisitions (M&A) process that both buyers and sellers should consider. Once a...

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