Last May, the Paycheck Protection Program (“PPP”) closed to new PPP loan applications, and the next phase of the PPP – loan forgiveness – began picking up steam. PPP loan borrowers have ten months from the end of their loans’ “covered period” (or period to use the loan proceeds for authorized purposes) to apply for […]
https://nhkllp.com/wp-content/uploads/pexels-fauxels-3183152-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-04-11 09:15:512022-04-02 09:33:51My PPP Loan Forgiveness Application was Denied – Now what?
As was discussed in a separate article, a Paycheck Protection Program (“PPP”) lender’s decision denying loan forgiveness cannot be appealed to the United States Small Business Administration’s (“SBA”) Office of Hearings and Appeals (“OHA”). However, that does not mean a borrower cannot contest the lender’s decision to deny the forgiveness application. First, a borrower can […]
https://nhkllp.com/wp-content/uploads/pexels-fauxels-3183152-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-04-02 08:33:542022-04-02 09:08:08My PPP Lender Denied my Forgiveness Application – Now What?
On January 27, 2022, the United States Small Business Administration (“SBA”) published new guidance regarding lender decisions partially denying forgiveness applications and created a process by which the borrower can request that the SBA review the lender’s decision. The Old Rule This is a significant development because, before this new guidance, a borrower could only […]
https://nhkllp.com/wp-content/uploads/pexels-fauxels-3183152-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-03-22 13:40:552022-03-22 21:47:31SBA Issues New Guidance for PPP Lender Decisions Partially Denying Forgiveness
Challenges with the Paycheck Protection Program It does not take much effort online to see there is a massive, lingering problem with the Paycheck Protection Program – PPP lenders across the country refused to fund thousands of borrowers’ PPP loans even though the loans were SBA approved and the borrowers had signed and submitted all […]
https://nhkllp.com/wp-content/uploads/pexels-fauxels-3183152-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-03-04 09:44:182022-03-04 09:52:12Your PPP Lender Refused to Fund Your SBA-Approved PPP Loan – Now What?
On October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]
/wp-content/uploads/NHK-Logo-1.png00Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-02-24 20:11:382022-02-24 20:11:38Important MLMIC Demutualization and Sale Update: The New York State Court of Appeals has scheduled oral argument for April 20, 2022 in appeals which will resolve a split between the Appellate Division courts over who is entitled to receive the proceeds of the October 1, 2018 demutualization and sale of Medical Liability Mutual Insurance Company.
Francis J. Brennan, Esq., a partner at Nolan Heller Kauffman LLP, will be a member of a panel discussing Subchapter V of Chapter 11 of the Bankruptcy Code for the Upstate New York Chapter of the Turnaround Management Association (TMA) on February 17, 2022. Event Details Is Your Client or Borrower Eligible for the Benefits […]
https://nhkllp.com/wp-content/uploads/Frank-Brennan.jpg32044800Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-02-09 12:31:432022-02-14 08:51:13Partner, Francis J. Brennan, Esq., Speaks on Subchapter V of Chapter 11 of the US Bankruptcy Code
Governor Hochul Pledges Legislation for Legalization of Takeout Alcohol In her January 6, 2022, State of the State Address, New York Governor Kathy Hochul vowed to promulgate legislation allowing the return of alcohol to go. This announcement was greeted with great enthusiasm by the restaurant industry and the public. The Background on To-Go Alcohol in […]
https://nhkllp.com/wp-content/uploads/pexels-burst-544961-scaled.jpg17082560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2022-01-30 20:25:132022-01-30 20:25:13Cheers to the (hopeful) Return of Drinks to Go!
On October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]
/wp-content/uploads/NHK-Logo-1.png00Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2021-12-30 06:16:212021-12-30 06:17:04Important MLMIC Demutualization and Sale Update: In 2022 the New York Court of Appeals will resolve a split between the Appellate Division courts over who is entitled to receive the proceeds of the October 1, 2018 demutualization and sale of Medical Liability Mutual Insurance Company.
We are proud to announce that 2021 New York Super Lawyers Upstate Edition has recognized three Nolan Heller Kauffman LLP attorneys. Justin A. Heller – Business Litigation & Creditor/Debtor Rights. Madeline H. Kibrick Kauffman – Business/Corporate Law & Creditor/Debtor Rights. Francis J. Brennan – Business Litigation & Bankruptcy Law. The Top 5% of Attorneys in […]
https://nhkllp.com/wp-content/uploads/pexels-suvan-chowdhury-167080-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2021-09-15 09:20:132022-02-28 08:23:193 Nolan Heller Kauffman Attorneys Named to 2021 Super Lawyers®
Many states, including New York, have recently legalized recreational marijuana; however, the current federal banking laws prohibit most banking institutions from any involvement in the cannabis industry. Proposed amendments to the relevant federal statutes seek to remove this hurdle. Despite the fact that marijuana is now legal, in some form, in more than thirty states, […]
https://nhkllp.com/wp-content/uploads/pexels-yash-lucid-1466335-scaled.jpg17072560Nolan and Heller/wp-content/uploads/NHK-Logo-1.pngNolan and Heller2021-06-30 18:37:042021-06-30 18:37:04Proposed Changes to Federal Laws Look to Remove Industrywide Marijuana Hurdles
My PPP Loan Forgiveness Application was Denied – Now what?
/in PPP Loans /by Nolan and HellerLast May, the Paycheck Protection Program (“PPP”) closed to new PPP loan applications, and the next phase of the PPP – loan forgiveness – began picking up steam. PPP loan borrowers have ten months from the end of their loans’ “covered period” (or period to use the loan proceeds for authorized purposes) to apply for […]
My PPP Lender Denied my Forgiveness Application – Now What?
/in PPP Loans /by Nolan and HellerAs was discussed in a separate article, a Paycheck Protection Program (“PPP”) lender’s decision denying loan forgiveness cannot be appealed to the United States Small Business Administration’s (“SBA”) Office of Hearings and Appeals (“OHA”). However, that does not mean a borrower cannot contest the lender’s decision to deny the forgiveness application. First, a borrower can […]
SBA Issues New Guidance for PPP Lender Decisions Partially Denying Forgiveness
/in PPP Loans, Recent News /by Nolan and HellerOn January 27, 2022, the United States Small Business Administration (“SBA”) published new guidance regarding lender decisions partially denying forgiveness applications and created a process by which the borrower can request that the SBA review the lender’s decision. The Old Rule This is a significant development because, before this new guidance, a borrower could only […]
Your PPP Lender Refused to Fund Your SBA-Approved PPP Loan – Now What?
/in PPP Loans, Recent News /by Nolan and HellerChallenges with the Paycheck Protection Program It does not take much effort online to see there is a massive, lingering problem with the Paycheck Protection Program – PPP lenders across the country refused to fund thousands of borrowers’ PPP loans even though the loans were SBA approved and the borrowers had signed and submitted all […]
Important MLMIC Demutualization and Sale Update: The New York State Court of Appeals has scheduled oral argument for April 20, 2022 in appeals which will resolve a split between the Appellate Division courts over who is entitled to receive the proceeds of the October 1, 2018 demutualization and sale of Medical Liability Mutual Insurance Company.
/in Uncategorized /by Nolan and HellerOn October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]
Partner, Francis J. Brennan, Esq., Speaks on Subchapter V of Chapter 11 of the US Bankruptcy Code
/in Recent News /by Nolan and HellerFrancis J. Brennan, Esq., a partner at Nolan Heller Kauffman LLP, will be a member of a panel discussing Subchapter V of Chapter 11 of the Bankruptcy Code for the Upstate New York Chapter of the Turnaround Management Association (TMA) on February 17, 2022. Event Details Is Your Client or Borrower Eligible for the Benefits […]
Cheers to the (hopeful) Return of Drinks to Go!
/in Liquor Licensing /by Nolan and HellerGovernor Hochul Pledges Legislation for Legalization of Takeout Alcohol In her January 6, 2022, State of the State Address, New York Governor Kathy Hochul vowed to promulgate legislation allowing the return of alcohol to go. This announcement was greeted with great enthusiasm by the restaurant industry and the public. The Background on To-Go Alcohol in […]
Important MLMIC Demutualization and Sale Update: In 2022 the New York Court of Appeals will resolve a split between the Appellate Division courts over who is entitled to receive the proceeds of the October 1, 2018 demutualization and sale of Medical Liability Mutual Insurance Company.
/in Uncategorized /by Nolan and HellerOn October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]
3 Nolan Heller Kauffman Attorneys Named to 2021 Super Lawyers®
/in Recent News /by Nolan and HellerWe are proud to announce that 2021 New York Super Lawyers Upstate Edition has recognized three Nolan Heller Kauffman LLP attorneys. Justin A. Heller – Business Litigation & Creditor/Debtor Rights. Madeline H. Kibrick Kauffman – Business/Corporate Law & Creditor/Debtor Rights. Francis J. Brennan – Business Litigation & Bankruptcy Law. The Top 5% of Attorneys in […]
Proposed Changes to Federal Laws Look to Remove Industrywide Marijuana Hurdles
/in Cannabis Licensing /by Nolan and HellerMany states, including New York, have recently legalized recreational marijuana; however, the current federal banking laws prohibit most banking institutions from any involvement in the cannabis industry. Proposed amendments to the relevant federal statutes seek to remove this hurdle. Despite the fact that marijuana is now legal, in some form, in more than thirty states, […]