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…
The Paycheck Protection Program is an important initiative created to help small businesses keep employees on payroll during the Coronavirus Pandemic. This program provides loans to businesses with less than five hundred (500) employees to cover payroll costs and…
In the wake of the Coronoavirus (COVID-19) pandemic’s effect on the economy, the United States Senate has taken steps towards protecting consumer credit. In a new bill introduced by Senators Brian Schatz and Sherrod Brown, the Fair Credit Reporting Act…
In the ever evolving world in which we are currently living, we at Hannah Sheridan and Cochran decided that we should reach out to let you know that we are working diligently on your legal matters and have plans in…
Exhausted, fascinated, impressed, encouraged- verbs to describe a day that started at 5:45 a.m. with Nan's arrival at Lacy Elementary to get the polling place up and running (after two hours of set up last night). An amazing team of…
On March 6, 2020, the North Carolina Bar Foundation will hold their annual 4All Statewide Service Day program. This program allows individuals from across the State of North Carolina to connect with volunteer attorneys for free legal information. Hannah Sheridan…
As a general rule, oral contracts are enforceable contracts and create a binding agreement between the parties so long as they are proven to contain all of the elements required under contract law (i.e. offer, acceptance, and consideration). There are…
(Triangle Business Journal) The North Carolina coronavirus task force is urging residents to begin taking action to prepare for a potential outbreak in the state. While there haven’t been any verified cases in N.C., the virus has infected tens of…
A potentially groundbreaking decision from the North Carolina Court of Appeals is worth monitoring for all involved in the construction industry. The case of William Everett Copeland IV and Catherine Ashley F. Copeland v. Amward Homes of NC, Inc., Crescent…
Are you seeing cranes against the skyline everywhere you look? Seeing property being graded at many corners? Construction is booming in North Carolina, especially in and around the urban population centers. The only thing putting the brakes on construction is…
The holiday season is the perfect time to make tasty treats for your friends and family. Here is a recipe for Nan Hannah's famous tiger butter that is sure to be a hit at your holiday gathering this year. Ingredients…
Alternative Dispute Resolution (ADR) is a method of resolving a dispute between parties in lieu of litigation. Two of the most common ADR methods are arbitration and mediation. It is important to understand the difference between arbitration and mediation, in…