New Funding is Now Available for PPP Loans

By Caleb Williams, Attorney in the Business & Taxation Law Practice Group Congress has approved additional funding for the Paycheck Protection loan program for small businesses. The action allocates an additional $310 billion to the program. The CARES Act, which created the loan program, allocated an initial $349 billion to fund PPP loans. That funding

Oregon’s Corporate Activity Tax (CAT) – Quarterly Payment Due April 30, 2020

By Nicole Burke, Attorney in the Business & Taxation Law Practice Group The first quarterly payment for Oregon’s new Corporate Activity Tax (CAT) is due by April 30, 2020. If you anticipate that your business may have a CAT liability of more than $5,000 for the calendar year, your business must pay this quarterly estimated

Dental & Medical Offices in Oregon to Resume Full Operations

By Douglas Alexander, Attorney in the Business & Taxation Law Practice Group, and David Briggs, Attorney in the Employment Law and Litigation Practice Groups On March 20, 2020, Oregon Governor Kate Brown issued Executive Order No. 20-10 which required that Oregon healthcare providers (including both dental and medical providers) cease providing non-urgent care to their

Top 5 Compliance Tips for the New FFCRA

By Jennifer Paul, Attorney in the Employment Law, Litigation and Condemnation & Unconstitutional Takings Practice Groups Since the Families First Coronavirus Response Act (FFCRA) went into effect on April 1, 2020, there has been a push by government agencies to release regulations and guidance. The initial temporary rule was published on April 6, 2020, and

Appraisal Standards Temporarily Changed by Feds Due to COVID-19

By Shannon Martinez, Attorney in the Creditor’s Rights & Bankruptcy and Litigation Practice Groups On April 14, 2020, the FDIC, OCC and Federal Reserve issued an interim final rule that allows lenders to close certain real estate loans without an appraisal or evaluation. The lender will have 120 days after the loan closing to obtain

Working From Home May Mean Changes to Worker’s Compensation Insurance

By Joshua D. Feil, Attorney in the Litigation Practice Group As the COVID-19 pandemic continues to disrupt life all over the world, many people are now working from home, and many employers have been forced into the difficult decision to temporarily close and/or furlough their workers. In Oregon, these consequences have triggered the need for

Employee Health and Welfare Benefits Considerations In the Time of COVID-19

By Randall Cook and Christine Moehl, Employee Benefits & Executive Compensation Attorneys During this public health crisis, employers are having to make hard decisions including employee lay-offs, terminations, and furloughs. Employers often ask how this affects the employer-provided health and welfare benefits for their employees. Here are some considerations for employers with regard to those

Lender CARES: Evaluating Options for Sole Proprietors, Independent Contractors and Gig Workers

By Erich Paetsch, Creditor’s Rights & Bankruptcy and Litigation Attorney When the Coronavirus, Aid, Relief and Economic Security (CARES) Act became law on March 27, 2020, government support programs were made available to independent contractors and other small businesses decimated by COVID-19 and the public health response. In a rapidly changing environment, many of these small

New IRS Requirements for Documenting FFCRA Paid Leave Requests

By Randall Sutton, Partner – Employment Law & Litigation Practice Group The Department of Labor (DOL) and IRS provided additional guidance for employers last week regarding paid leave requests under the Families First Coronavirus Response Act (FFCRA). Employers who grant paid leave under the FFCRA are eligible to have 100% of the wages paid offset