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The Impact of PPP Loans, One Year Later

When the federal Paycheck Protection Program (PPP) was announced in March 2020, we worked with many of our business clients to secure a PPP loan in the first, fastest, and most competitive round of lending by the Small Business Association (SBA…
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Update on Proposed Oregon Legislation – What Employers Need to Know

For this second installment in our legislative update series we have a status report on the employment-related bills discussed in our previous alert, as well as a survey of the bills that have since been introduced related to the employment arena.
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What Employers Need to Know About the American Rescue Plan Act

The American Rescue Plan Act (ARPA), which became law on March 11, 2021, extends the incentive to employers to provide paid time away from work for COVID-related reasons.
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PPP Round 2: Nonprofit Eligibility, Application Deadline, and Tax Impacts

Shortly before the end of the bizarre and painful 2020 calendar year, the Consolidated Appropriations Act for 2021 (the Act) was signed into law, providing an additional $284 billion appropriation for the Paycheck Protection Program (PPP).
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Business Transition Planning in a Pandemic

It is an open secret that many business owners, no matter how organized, regularly neglect an important task—developing their exit strategy.
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Public Company Disclosures in a Climate-Change Focused World

As society reckons with the enormous danger of climate change, there is no question that corporations must take responsibility for their contributions to rampant global warming, while working to reduce their emissions. For public companies or those…
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COVID-19 Hangover: Should You Go Ahead with Plans for a Transaction in 2021?

By all accounts, 2020 was a challenging year and M&A activity was certainly no exception. In the immediate aftermath of the pandemic and its related lockdowns, many M&A deals were thrown into turmoil. As the year progressed, and pandemic-related…
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PPP Round 2: Who Is Eligible, What Expenses Can Be Paid, And What Is the Tax Treatment?

Shortly before the end of the bizarre and painful 2020 calendar year, the Consolidated Appropriations Act for 2021 (the Act) was signed into law, providing an additional $284 billion appropriation for the Paycheck Protection Program (PPP).
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SEC Division of Examinations Announces 2021 Priorities

On March 3, 2021, the Security and Exchange Commission’s Division of Examinations (formerly the Office of Compliance Inspections and Examinations, now either “the Division” or “EXAMS”) announced its fiscal year 2021 examination priorities.
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SEC Publishes Revised Investment Adviser Marketing Rule, Effective May 4, 2021

At long last, the SEC has finally published its Revised Investment Adviser Marketing Rule. effective as of May 4, 2021. Investment advisers will have 18 months following the effective date, or until November 4, 2022, to come into compliance with the…
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Chapter 11 Bankruptcy: The Ultimate Corporate Finance Tool

COVID-19 ushered in a volatile economic climate that has made it difficult for many companies to meet their debt obligations.
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H-1B Lottery Updates for Fiscal Year 2022

On February 5, 2021 the U.S. Citizenship and Immigration Services (USCIS) announced H-1B Cap Registrations for the Fiscal Year 2022 (FY 2022) lottery will be accepted from March 9, 2021 (noon Eastern) through March 25, 2021 (noon Eastern). USCIS…
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Biden Administration Executive Orders Impact International Travel

The Biden Administration issued a Proclamation on January 25, 2021 reinstating the COVID-related travel bans put in place and slated to be lifted on January 26, 2021 by the Trump Administration.
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What the 2021 Oregon Legislature Has in Store for Employment Law

The Oregon Legislature has now begun to meet for the 2021 Regular Session. We want to make you aware of a number of interesting bills which could impact the employment arena.
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A Far-Flung Workforce is the Post-COVID New Normal

In less than a year, Covid-19 changed nearly everything across the globe. And one of its major impacts was the definition of workplace. In March, the coronavirus pandemic sent U.S. employers scrambling to keep their businesses afloat and their…
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An Employer's Dilemma: To Mandate (or Not) the COVID-19 Vaccine?

During a year in need of some brightness, December brought some great news: after emergency Food and Drug Administration approvals, first Pfizer and then Moderna shipped COVID-19 vaccines to locations throughout the United States, kicking off a mass…
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Oregon Legislative Recap and Look Ahead for 2021

The past year brought plenty of surprises with the pandemic, civil unrest, and wildfires all leaving a stamp on public policy in Oregon. Throughout 2020, lobbyists and lawyers alike worked hard to keep up with the ever-changing landscape of executive…
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DOL Publishes Final Rule Impacting Prevailing Wages

The U.S. Department of Labor (DOL) published a final rule to incorporate changes to the computation of prevailing wage levels for H-1B, H-1B1, and E-3 temporary classifications, as well as for certain permanent residence cases requiring labor…
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Negative COVID-19 Test or Recovery Documentation Required of All U.S. Inbound Air Travelers

The CDC has issued an Order effective January 26, 2021 impacting all U.S inbound air travelers two years of age or older, including U.S. citizens and lawful permanent residents. The Order applies to all flights, including commercial, private, and…
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New Regulation Creates Wage-Based Selection Process for H-1B Lottery

On January 8, 2021, the Department of Homeland Security published a new regulation that will change the annual H-1B cap selection process from random selection to wage-based selection. In short, USCIS will rank and select H-1B cap registrations that…
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