The SEC recently adopted rule amendments to the current exemptions from registration under the Securities Act. The amendments are part of the SEC’s continued efforts to modernize and improve its rules. Among other things, the rule amendments will i…
Read More
On October 1, 2020, the US Department of the Treasury’s Office of Terrorism and Financial Intelligence issued a press release announcing two advisories regarding ransomware cyberattacks. Ransomware is a form of malicious software designed to block…
Read More
On March 27, 2020, the US government passed the CARES Act in response to the COVID-19 crisis. Under the CARES Act, the Small Business Administration (“SBA”) offered loans under the Paycheck Protection Program (“PPP”) designed to provide a dir…
Read More
On September 1, 2020, the Centers for Disease Control and Prevention (“CDC”), announced an order imposing a temporary moratorium on residential evictions to halt the further spread of the 2019 novel coronavirus disease (“COVID-19”) (Order).
Read More
On August 26, 2020, the Securities and Exchange Commission (the “SEC”) adopted final rule amendments to modify the definition of an accredited investor in Rule 501(a) under the Securities Act. These amendments will become effective 60 days after…
Read More
Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718 governs the accounting treatment of all share-based payment transactions in which a company acquires goods or services by either (1) issuing com…
Read More
Closing a business can be an exciting, difficult, or bittersweet decision depending on the circumstances. Regardless, and whether you are celebrating a liquidity event or heading back to the drawing board, founders, directors, and shareholders of Mic…
Read More
This SBA interim final rule announces the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily adds a new product, titled the “Paycheck Protec…
Read More
Kuhn Rogers PLC has been closely monitoring federal, state and local reaction to COVID-19 and how businesses are affected, including the CARES Act. On March 27, 2020 the bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act wa…
Read More
The law firm of Kuhn Rogers PLC in Traverse City is pleased to announce the addition of two associate attorneys to their staff. Jordan D. Florian is from Stevensville Michigan. He obtained a Bachelor of Science degree in Natural Resource Ecology and…
Read More