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Norfolk Supply Chain Emergency Grant Funding

In response to the COVID-19 Pandemic, City of Norfolk Economic Development has introduced a business loan product to help business impacted by inventory and supply chain disruptions and are in danger of ceasing business operations. Successful...

May 15, 2020 in Banking & Finance

Virginia Beach Emergency Grants

In response to the COVID-19 outbreak and Governor Northam’s order to close businesses, The Virginia Beach City Council has voted to allow economic development funds from the Virginia Beach Development Authority to be used for emergency grants....

May 15, 2020 in Banking & Finance

A New Approach to Family Law as a Healing Force in a Time of Upheaval and Uncertainty in Post-Pandemic Virginia

The phrase Mr. Rogers used to guide children in frightening situations, “Look for the Helpers,” has been quoted a lot lately. Now more than ever, those of us who are feeling frightened and alone are looking for someone to guide us through the...

May 07, 2020 Child & Spousal Support; Child Custody; Divorce & Family Law

Written by Edward Wolcott, Gordon Wolcott

Coronavirus & Personal Injury Cases

At Wolcott Rivers Gates, our team prepared as much as possible for the impact COVID-19 has caused to everyday life. Our office remains open, however, our in-office staff is limited to a small number. This “skeleton crew” is able to keep the office...

April 22, 2020 in Personal Injury & Wrongful Death

Hand Sanitizer: A Potential Tax Break for Breweries and Distilleries

In response to the COVID-19 pandemic, breweries and distilleries are beginning to make WHO-approved hand sanitizer from ethanol, a type of alcohol already used in the distilling process. To support these efforts, Congress included special tax...

April 20, 2020

The CARES Act: Critical Information for Lenders

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security, or “CARES” Act. The CARES Act is the largest economic stimulus package in U.S. history. Of note is the “Paycheck Protection Program” (or PPP), the...

April 10, 2020 in Banking & Finance

Emergency EIDL Grants under the CARES Act: What Businesses Need to Know

The Paycheck Protection Program (or “PPP”) has received a lot of recent coverage in the news. But what is often overlooked is the CARES Act’s allocation of $ 10 billion for emergency grants under the Economic Injury Disaster Loan (or “EIDL”)...

April 10, 2020

The CARES Act and The SBA 7(a) Loan Program: What Business Borrowers Need to Know

On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security, or “CARES” Act. One of the key protections under the CARES Act is the Paycheck Protection Program (or PPP)- a $349 billion dollar expansion of Small Business...

April 08, 2020 in Banking & Finance

Written by Barry Dorans

Expanded FMLA: Limitations, Exemptions & Documentation

This is to supplement the article written March 25, 2020 regarding COVID – 19. Regulations have been issued that narrow the expansion of the FMLA. While this is a constantly evolving scenario, new information has been provided regarding...

April 06, 2020 in Employment Law for Employers

Written by Barry Dorans

COVID-19 For Business Owners: Executive Summary

As of April 2nd, most employers must provide paid sick leave of up to 80 hours for COVID–19 related leave. The maximum amount required is the lesser of a staff member’s regular pay or $511 a day under the following circumstances: If the employee...

March 25, 2020 Banking & Finance; Employment Law for Employers; Tax Law