The W i L aw Connection: Quarterly Publication–April 2020
$310 Billion Added to Paycheck Protection Program and $10 Billion Added to Emergency EIDL Grant
An additional amount of $310 billion has been added to the Paycheck Protection Program bringing the total amount allocated for potentially forgivable PPP Loans to $659 billion, and an additional amount of $10 billion has been added to the emergency EIDL grant fund bringing the total amount allocated for such EID Loans to $20 billion. On April 24, 2020, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act to, among other things, increase amounts authorized and appropriated for commitments for the Paycheck Protection Program.

Don’t Waive Goodbye to Your Construction Lien Rights
Wisconsin’s construction lien law provides contractors, subcontractors, suppliers, service providers, and design professionals with a valuable remedy to help them collect payment for their work. On privately owned projects, the law allows these parties to place a lien against the project property as security for payment. The economic fallout from the COVID-19 crisis has made construction lien rights more precious than ever to construction industry businesses. Yet, everyday contractors mishandle lien waivers and unwittingly forfeit their lien rights with the stroke of a pen.

What Happens if My Business Can’t Perform Its Contract Due to the Coronavirus?
Many businesses are experiencing interruptions in their operations due to the coronavirus outbreak. These interruptions can be caused by business closures, quarantines, and restrictions on travel and large gatherings. In response to these interruptions, businesses may find themselves unable to perform their contractual obligations or have a vendor or customer that is no longer fulfilling its contractual obligations. Either way, it is important to determine whether nonperformance is excusable given the global pandemic.

Estate and Tax Planning During Market Tumult and Low Interest Rates
The worldwide equity market tumult and record low interest rates are creating some unique and unprecedented challenges. However, plunging interest rates, combined with lower asset values, are presenting some rare opportunities in wealth planning that are often only seen once in a generation. Below are some strategies you may wish to incorporate into your estate and tax planning during this time.

President Signs Families First Coronavirus Response Act Expanding Employees’ FMLA Rights and Mandating Paid Sick Leave
The President signed the COVID-19 bill, not wasting any time during this national health emergency, after the Senate approved the bill by a vote of 90-8. This article will describe what employers need to know about the Emergency Family and Medical Leave Expansion Act and the Emergency Paid Sick Leave Act which are now part of the Families First Coronavirus Response Act (the Act) which is now law.

Firm News
Attorneys Christa Wittenberg and Grant Killoran Featured in Wisconsin Lawyer

An article by Attorneys Christa Wittenberg and Grant Killoran on constitutional law issues relating to the current COVID-19 pandemic is featured as the cover story in the April edition of the State Bar of Wisconsin publication Wisconsin Lawyer. In their article, they take an informative and deep dive look into regulations and due process concerns relating to the current public health emergency. Read the full article here .
Attorneys Pete Faust and Jason Scoby Quoted in the
Business Journal

Attorneys Pete Faust and Jason Scoby were recently quoted in the Business Journal in an article about advising their clients on the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP). The Business Journal article addressed how funds should be applied and documented, and the options available to those who did not receive funds in the initial round. Read the full press release here.

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