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Dykema  

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Cinthia Motley

Cinthia Granados MotleyMember

  • Business & Commercial
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Stephen Sayre

Stephen D. SayreMember

  • Business Services
  • Corporate Finance

Todd Gale

Todd GaleSenior Counsel

  • Business & Commercial
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Biden Administration To Rescind COVID-Related Travel Bans; Require Proof of Vaccination
Dykema, September 2021

In a move that should significantly ease traveling to the United States, the Biden Administration has announced plans to withdraw COVID-related geographic travel restrictions in early November. Currently, most non-citizens who have been present in any of the following countries or areas within the previous 14 days are prohibited from entering the United States without being granted a National Interest Exception: Schengen Area United Kingdom Ireland Brazil South Africa India Instead, these travelers will be required to prove they are fully vaccinated against COVID-19 and provide proof of a negative COVID-19 test within three days of boarding a United States-bound flight...

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The Tax Proposals of the House Ways and Means Committee
Dykema, September 2021

On Monday, September 13, 2021, the House Ways and Means Committee released several markups of proposed legislation (the “House Tax Proposals”) intended to pay for various proposed spending initiatives. Importantly, the House Tax Proposals are not entirely consistent with the “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals” (the “Green Book”) released by the U.S. Department of Treasury on May 30, 2021, and in at least one respect results in an unforgivable whip-sawing of taxpayers. The purpose of this Dykema Tax Alert is to briefly summarize the House Tax Proposals as they affect businesses and their owners...

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U.S. Ninth Circuit Court of Appeals Upholds AB 51 Barring Arbitration Provisions in Employment Contracts
Dykema, September 2021

Today, the Ninth Circuit upheld California’s new law (AB 51) barring arbitration provisions in employment contracts.The U.S. Chamber of Commerce and other organizations challenged the law in federal court. The district court enjoined the law, ruling that it conflicts with the Federal Arbitration Act. A divided Ninth Circuit panel reversed. Judge Lucero, a Tenth Circuit judge sitting by designation, wrote the majority opinion (joined by Judge Fletcher). Judge Ikuta dissented. Once the court’s mandate issues, the district court’s injunction will dissolve...

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What Employers Need To Know About Employee Retention Credits: Rules for the Second Half of 2021 and General Clarifications
Dykema, September 2021

Employee Retention Credits (“ERC” or “credits”) are available to eligible employers that paid qualified wages after March 12, 2020, and before January 1, 2022. Multiple pieces of legislation and Internal Revenue Service (“IRS”) guidance expanded and modified the ERC rules and determination of eligibility for ERC, and computation of the credits may vary based on each individual calendar quarter in 2020 and 2021. We have previously provided a summary of the IRS guidance for 2020 and a summary of the rules applicable to the first two quarters of 2021...

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PPP Loan Insights: Forgiveness Does Not Mean Forgotten – Part I
Dykema, August 2021

We are still waiting for the “official” SBA FAQ announcing the withdrawal of the Forms 3509/3510 Loan Necessity Questionnaire (“Questionnaire”) that, according to the SBA, will include additional information about its review process. In the meantime, PPP lenders have been told by the SBA that they no longer are required to request that borrowers who obtained loans of $2 million or more complete the Questionnaire...

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