News

NEWS | The Towne Law Firm, P.C. | September 2020 The Towne Law Firm (“TLF’), an Albany-based Law Firm, announces a major expansion of its professional team and its geographic reach to accommodate increasing client needs in multiple jurisdictions throughout the Northeast. TLF welcomes several new attorneys to its team, increasing the total number of…
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NEWS | The Towne Law Firm, P.C. | September 9, 2020 Written By: Christine E. Taylor As the pandemic progressed and businesses of all types were allowed to reopen multiple states enacted mask mandates, requiring most individuals to wear a mask, and leaving the businesses to enforce the mandate among their employees and customers. Often…
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The Small Business Administration has released additional guidance in the form of revised interim rules. We have put together the following highlights from the revised interim rules, though we advise that PPP loan recipients review the actual rule changes. The following are the most significant points from the revised interim rules: Alternative Covered Period.Although there is the ability to select the…
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More regions are being allowed to open in New York state. Specifically relevant to many of our clients, the Capital Region hit the benchmarks and can reopen today. This means, if all goes well in two weeks, on June 3, 2020, the region moves to phase 2 which will expand openings to more industries. For…
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UPDATE MAY 18 From the Small Business Administration: Loan Forgiveness Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease. The loan forgiveness form and instructions include several measures to reduce compliance burdens and simplify the…
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UPDATE MAY 1: The SBA has released additional guidelines and updates to their FAQ. Please note the following: To preserve the limited resources available to the PPP program, and in light of the previous lapse of PPP appropriations and the high demand for PPP loans, businesses that are part of a single corporate group shall in…
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Businesses feeling the substantial financial strain imposed by COVID-19 and the associated closure obligations are now receiving a lifeline from the Federal Government through its most recent stimulus bill: The CARES Act. This Two Trillion Dollar bill has been passed by the Senate as of March 25, 2020 and passed by the House on March…
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SCHENECTADY, NEW YORK : Towne, Ryan and Partners,  Associate John A. Musacchio will once again appear on the Schenectady Today Show on February 25, 2020 at 10:00 AM with Ann Parillo. John has been invited back to speak on legal issues prevalent to the local community.  Catch the show live or watch it later on…
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ALBANY, N.Y. – On Tuesday, December 10, 2019, Associate Christine E. Taylor will present at the Pennsylvania Campground Owner’s Association Convention in State, College Pennsylvania. The event, which begins on December 9, 2019, will feature presentations by a variety of presenters who will address issues that are relevant to campground owners whose business is in…
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