COVID-19 Update – Our firm is fully operational. Read the Latest
PPP Loan Application Deadline Extended Until August 8 https://t.co/SD7hFOahrs
Extension Act for PPP Loan Applications: Attorney Eugene Chianelli details what you need to know. https://t.co/hqPwwDBXW3
PPP Loan Application Deadline Extended Until August 8 https://t.co/zToDPXMBQQ https://t.co/t38u0JrCkU
The pace of business today demands responsive legal counsel from experienced professionals who can spot risks down the road while steering around current barriers. The attorneys at Smith Debnam help establish and guide:
We offer valuable consultation on most aspects of business from determining the proper business entity, establishing the business entity, advising on financial and tax implications, and assisting with the legalities of personnel administration. We prepare a wide variety of legal documents such as:
If you have the vision for an acquisition or merger, we can help you to make it a reality.
On July 4, 2020, President Trump signed a bill that re-opens the application period for Paycheck Protection Program (“PPP”) loans until August 8,… Read More
On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”) was enacted into law. The PPPFA makes significant changes to… Read More
On the evening of May 15, 2020, the Small Business Administration (“SBA”) and U.S. Treasury Department (“Treasury”) released their highly-anticipated Paycheck Protection Program… Read More
A key part of the federal government’s response to the COVID-19 pandemic and its associated economic fallout is the Paycheck Protection Program (“PPP”)… Read More
Should a company in Bankruptcy be eligible for a PPP Loan? A Texas Bankruptcy Judge says, “Yes.” Bankruptcy Judge David R. Jones from… Read More
The COVID-19 pandemic has presented individuals and businesses with unprecedented challenges. To its credit, the IRS is doing its part to ease these challenges… Read More
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) earmarks $350 billion to a loan program designed to keep small business workers… Read More
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law… Read More
In its latest response to the COVID-19 pandemic, the U.S. Treasury Department today announced that the traditional income tax return filing deadline would… Read More
On Tuesday, Treasury Secretary Steven Mnuchin announced that the federal income tax payment deadline would be extended to July 15th, 2020, for amounts… Read More
From social distancing to cancellation of large gatherings to prohibitions on travel, the COVID-19 pandemic has caused unprecedented disruptions in daily life. Governments… Read More
On April 17, 2019, the United States Department of the Treasury (“Treasury”) issued its second round of proposed regulations related to investment in… Read More
Yep, you read that right. I’m a lawyer, I’ve practiced for almost 38 years, and I want to share a few common sense… Read More
North Carolina General Statutes Chapter 1F: Uniform Interstate Depositions and Discovery Act North Carolina courts allow out-of-state subpoenas to be issued… Read More
The Defend Trade Secrets Act (“DTSA”), recently signed into law by President Obama, has generated much conversation among employers. Intended to strengthen trade… Read More
Our state’s relentless and expensive push back against Charlotte’s ordinance contends the Queen City threw its little girls to the imaginary wolves with… Read More
In North Carolina, there are two ways for a creditor to seek enforcement of a foreign judgment. One way is by… Read More
Bankruptcies in the retail space are prevalent these days. Some of the more recent and prominent bankruptcies are Pacific Sunwear, Sports… Read More
The FTC recently entered into a Consent Order last week with Wyndham Hotels and Resorts resolving the FTC’s allegations that Wyndham did not… Read More
Contracts are just agreements, typically in writing. Contracts keep the business world humming along like a well-oiled machine. Unless one party seeks help,… Read More
A federal court has denied a lender’s motion to dismiss, holding that a lender may be held vicariously liable for its servicer’s violation… Read More
Although electronic signatures have maintained an “equivalent to paper signature” status in North Carolina since 1998, their current use in commerce has remained… Read More
The Consumer Financial Protection Bureau (CFPB) has issued its Supervisory Highlights for July-December, 2014. The Bureau’s Supervisory Highlights provide a summary of issues… Read More
The North Carolina Senate has introduced a bill that will create a private right of action for inaccurate credit reporting. Senate Bill 357… Read More
At the annual Equipment Leasing and Finance Association’s (ELFA) Convention this past October, our social media panel discussion was surprisingly well… Read More
The Federal Trade Commission (FTC) has issued a staff report on the “Internet of Things,” recommending businesses take concrete steps to enhance and… Read More
In a case of first impression, the Eleventh Circuit has ruled that a consumer’s credit report does not have to be published to… Read More
My secured lender clients sometimes contact me in desperation because they believe they cannot get their liens recorded on NC car titles. Their… Read More
On January 1, 2015, two real estate laws went into effect in North Carolina. Here’s what you need to know: The Residential Property… Read More
It’s rarely good news when your customer files a Chapter 11 bankruptcy. However, when it happens, you can prevent a bad situation from… Read More
On April 29, the United States Fourth Circuit Court of Appeals, a federal court which governs cases in North Carolina,… Read More
This article is reprinted with the permission of the NC State Bar… Read More
INTRODUCTION The 1980 United Nations Convention on Contracts for the International Sale of Goods (CISG) is the first model commercial law to gain… Read More
The world of the typical small business owner can be a hectic place. The days are filled with seemingly endless activities, most of… Read More
To say that businesses now rely upon electronic communication and data storage is an understatement – nearly every business communicates or does business… Read More
Many times the excitement of starting a new business is blinding – you have planned, hoped and dreamed for the opportunity to start… Read More
A common slip-up can undo the benefits of setting up a separate business entity, such as a corporation, a limited partnership, or a… Read More
