The Franchise Memorandum
Lathrop GPM continues to provide clients with alerts, articles, and other resources to help clients navigate important legal information regarding the COVID-19 pandemic.
Lathrop GPM continues to provide clients with alerts, articles, and other resources to help clients navigate important legal information regarding the COVID-19 pandemic. The following may be of particular interest to franchisors and distribution-based businesses:
- Insurance Recovery Alert: Missouri Federal Court Opens Door to COVID-19 Business Interruption Claims by Alexander Brown
This update and resources from Lathrop GPM’s cross-disciplinary team are available at the Lathrop GPM COVID-19 Client Resource website.
Lathrop GPM continues to provide clients with alerts, articles, and other resources to help clients navigate important legal information regarding the COVID-19 pandemic. Some of the following may be of particular interest to franchisors and distribution-based businesses:
- IP Alert: USPTO Implements COVID-19 Prioritized Examination Program for Trademarks and Service Marks by Tucker Griffith
- Franchise Alert: Four Key Takeaways from the NASAA & Washington Commentaries on COVID-19 Disclosures by Hannah Holloran Fotsch and Mark Kirsch
These updates and resources from Lathrop ...
As previously reported in Issue 252 of The Franchise Memorandum, the DOJ’s Antitrust Division and the FTC’s Bureau of Competition recently issued a joint statement regarding review of business collaborations in the fight against COVID-19, announcing a plan to expedite the Business Review Process for potential antitrust risk. A review of the recent opinions issued under this new process, and lessons that can be learned from the enforcement approach in those reviews, can be found here.
A recent change related to the Coronavirus Aid, Relief, and Economic Security (CARES) Act may increase the number of small business bankruptcy filings in coming months. The Small Business Reorganization Act (SBRA) went into effect on February 19, 2020, aiming to streamline small business reorganizations by modifying or eliminating certain traditional Chapter 11 requirements and creating an easier path for small business debtors to confirm plans of reorganization. Under the SBRA, a small business debtor, whether an individual or legal entity, is the only party permitted to file ...
On June 5, 2020, the President signed the Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act) (Pub. L. 116–142), which changes key provisions of the Paycheck Protection Program (PPP), including provisions relating to the maturity of PPP loans, the deferral of PPP loan payments, and the forgiveness of PPP loans. Section 3(d) of the Flexibility Act provides that the amendments relating to PPP loan forgiveness and extension of the deferral period for PPP loans shall be effective as if included in the CARES Act, which means that they are retroactive to March 27, 2020.
Lathrop GPM continues to provide clients with alerts, articles, and other resources to help clients navigate important legal information regarding the COVID-19 pandemic. Some of the following may be of particular interest to franchisors and distribution-based businesses:
- Restaurant Alert: Guidance for Reopening Restaurants by Thomas Pacheco and Samuel Butler
- Privacy Alert: CCPA Enforcement Remains on Track Despite COVID-19 Pandemic by Tedrick Housh, Michael Cohen, Amanda McAllister and Reid Day | The Franchise Memorandum by Lathrop GPM
- M&A Update: "CorePower Yoga ...
Lathrop GPM continues to provide clients with alerts, articles, and other resources to help clients navigate important legal information regarding the COVID-19 pandemic. Some of the following may be of particular interest to franchisors and distribution-based businesses:
- Employment Alert: Opening for Business? Issues for Employers by Brian Woolley and Megan Anderson
- CARES ACT Update: More Money More Problems? The Sequel: Should My Company Return The Money It Received from the CARES Act? by Susan Gaertner, Jackson Hobbs and Daryn McBeth
- Litigation Alert: COVID-19 Leads to New ...
The FTC and the DOJ Antitrust Division issued a joint statement that details expedited antitrust procedures and provides guidance for collaborations of businesses working to protect the health and safety of the American people during the COVID-19 pandemic. The full text of the joint statement is available here. The joint statement recognizes that health care facilities may need to work together to provide resources and services to assist patients, consumers, and communities affected by the COVID19 pandemic, and that other businesses may need to temporarily combine production ...
Most franchise registration states (including the exemption notice states of Florida and Utah) have adopted, formally or informally, COVID-19 accommodations relating to franchise and exemption filings, and the offer and sale of franchises.
Franchisors and distributors across the country are confronting a myriad of challenges and pressures related to the spread of COVID-19.
About this Publication
The Franchise Memorandum is a collection of postings on summaries of recent legal developments of interest to franchisors brought to you by Lathrop GPM LLP.
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