By Don White | Published October 22, 2020 | Posted in Business Law, COVID-19 | Tagged Tags: business interruption coverage, COVID-19, small businesses | Comments Off on No Business Interruption Coverage for COVID-19 Losses, Judge Rules
No Business Interruption Coverage for COVID-19 Losses, Judge Rules
A federal judge in San Antonio has ruled that several small businesses seeking business interruption coverage for losses sustained due to the coronavirus economic shutdown do not have valid claims. The claims were from barbershops which, because they were classified as non-essential, had to close their doors in March 2020 when state and local authorities Read More
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Texas Residential Real Estate Market Still Strong Despite Pandemic
The housing market is a bright spot nationally in an economy ravaged by the coronavirus, and North Texas is no exception. A housing report released in mid-September 2020 shows the area’s August home sales rose 11 percent from the previous year. More than 12,000 single-family homes were sold for the month, the most ever sold Read More
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Bipartisan Bill Seeks to Increase Small Business Assistance During COVID-19
Small businesses struggling financially amid the coronavirus pandemic would benefit from a bill in Congress that seeks to increase funding for disaster-relief loans and grants. The bill, sponsored by Senator John Cornyn (R-Texas) with bipartisan support, would provide the Small Business Administration (SBA) with an additional $180 billion to fund the Ensuring Increased Disaster Loans Read More
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Creating and Maintaining an Estate Plan Is Important for Everyone
Thinking about one’s own mortality can be uncomfortable, and people often hesitate to draft instructions regarding what should happen to their property after they die. However, the COVID-19 pandemic highlights how important it is to draft enforceable wills, trusts and power of attorney documents in order to safeguard the people they love. In response to Read More
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Pandemic’s Economic Effects Have Many Reviewing Bankruptcy Options
The COVID-19 pandemic has led to an onslaught of bankruptcies in Texas and all over the United States. The economic devastation of the pandemic has caused financial ruin to both large national brands and small Texas businesses in every sector of the economy. Struggling business owners who are considering bankruptcy should know what their options Read More
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