Crazy, Pandemic Times. What's the State of the Economy? Several Economists Contributed to this Article. Since February, 4 Million Americans Departed the Work Force; Rent and Home Prices on the Rise; Economic Shift from Services Towards Goods; Recovery. nytimes.com/interactive/20…
Does 2021 appear promising for the North Carolina construction industry? UNC-CH "points to an imminent supply and demand problem" when two forces collide: a massive demand for housing vs. decreasing building permits given recession-impacted developers. carolinatracker.netlify.app/stories/2020/1…
Civil litigation attorneys must adjust to the everchanging judicial scene in North Carolina. Plexi-glass court appearances. Depositions in libraries. Zoom hearings. And delays. Interesting times to say the least. But we never give up the fight. https://www.wcnc.com/article/news/local/north-carolina-courts-to-postpone-many-non-essential-court-hearings-as-covid-cases-rise/83-caad502b-bdae-4686-b0dd-6c0585efeb48
Over the past few weeks, we have experienced an uptick in lien claim requests. Since the Great Recession wound down and the revisions to the lien law kicked in, it has been difficult to determine whether the changes to the…
This past week served as a reminder of the value of community. First, define community. In this case, there are several communities. There is community within the walls of our office where the five of us are family. Then, there…
A force majeure clause is a clause that relieves the parties to a contract of their contractual obligations when certain circumstances arise that are out of their control, and these circumstances make performance under the contract inadvisable or impracticable. It…
Lawyers are required to take continuing education courses every year. September 24 and 25, the North Carolina Bar Association's Construction Law Section is offering its annual meeting and CLE in a new manner. The lawyers of Hannah Sheridan and Cochran…
Hannah Sheridan & Cochran attorneys have noticed a growing public need for information relating to voting in North Carolina. As a service to our community, we are committed to providing non-partisan North Carolina voting information to our clients, colleagues, and…
Beginning January 1, 2020, "As a condition of license renewal, at least one qualifier or qualifying party of a licensee holding a building contractor, residential contractor, or unclassified contractor license classification shall complete, on an annual basis, eight hours of…
It is almost impossible to believe that seven years ago we opened the doors on that chapter in life that has become Hannah Sheridan and Cochran, LLP. We have experienced highs and lows, but the constant in this adventure has…
On June 24, 2020, Governor Roy Cooper issued Executive Order 147, extending and amending the Phase 2 Order implemented in Executive Order 141, as well as implementing requirements related to face coverings. Executive Order 147 is in place until 5:00…
On June 3, 2020, the US Senate approved the Paycheck Protection Program Flexibility Act of 2020. The Act will now go before the President for signature. This blog will highlight some key provisions that individuals/businesses who received loans under the…
During the COVID-19 pandemic, many businesses have been forced to close their offices and telework to the best of their capabilities. However, with Governor Cooper’s announcement that North Carolina will enter Phase 1 on Friday May 8 at 5 PM,…
After the commencement of the Paycheck Protection Program (PPP), the funds were quickly accounted for. Thus, on April 21, the Senate approved House Rule 266 to replenish the PPP with an additional $310 billion. This additional amount will raise the…
On Thursday April 2, 2020, the Treasury Department issued an interim final rule regarding the Paycheck Protection Program. The rule contains important provisions regarding eligibility for this program, as well as general information regarding its logistics. One key…