Legal News

On October 2, 2020, the Small Business Administration published new guidance outlining the procedures that PPP borrowers and lenders must follow in the event that a PPP borrower undergoes a “change of ownership.” For parties to a merger, acquisition, or sale in which the target company or seller has received a PPP loan, the new guidance includes important requirements applicable to (i) the drafting and negotiation of the purchase agreement, and (ii) the timing for submission of the forgiveness...

A recent study evaluated three overlooked steps that developers can take that will often result in surprising savings in development costs. The study focused on the development of wind energy generation facilities, but the lessons offered seem equally applicable to any major real estate development endeavor......By: Tonkon Torp LLP

In 1980, Congress enacted the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), frequently referred to as Superfund. This legislation was passed in response to mounting concerns regarding releases or threatened releases...By: Tonkon Torp LLP

Often, the parties in a business sale will designate a portion of the purchase price to be paid out over time or otherwise made contingent on the performance of the business after the transaction is complete. This “earn-out” can be a meaningful...By: Tonkon Torp LLP

It appears Oregon will be joining the wave of states enacting laws against hair-based discrimination. House Bill 4107 would amend antidiscrimination statutes in Oregon to include discrimination based on hairstyle. Following the lead of various other...By: Tonkon Torp LLP

To wrap up our Real Estate Review Miniseries our final entry looks at how owners and builders can minimize risk for both private and public projects. Additional details are included in our Chambers Regional Real Estate Guide....By: Tonkon Torp LLP

The Oregon legislature has been busy. A number of new laws affecting Oregon employers go into effect in 2020. Our summary of the new laws is below, along with some potential employer action items....By: Tonkon Torp LLP

On January 16, 2020, the United States Department of Labor (DOL) issued its Final Rule on Joint Employer Status under the Fair Labor Standards Act (FLSA). The new Rule, which will become effective March 16, 2020, is a departure from the legal...By: Tonkon Torp LLP

USCIS has announced that it will utilize a new electronic registration process for FY2021 H-1B cap petitions. Registrations must be submitted from March 1 through March 20, 2020. USCIS will charge a $10 registration fee. We recommend that employers...By: Tonkon Torp LLP

The topic of independent contractors has been at the forefront of late, with both the Department of Labor and the Oregon Bureau of Labor and Industries taking a keen interest in reviewing independent contractor relationships and enforcing wage and...By: Tonkon Torp LLP