Currently, Iowa clerks of court have been directed to reject filings of actions for foreclosure. In her March 22, 2020 Proclamation, Governor Reynolds “suspend[ed] the regulatory provisions of Iowa Code chapters 646, 654, 655A, and 656 allowing for the
Iowa Commercial Litigation Blog
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Our Advances are Senior Based on a Dragnet Clause, Right? Not So Fast
By The Newsroom
In the midst of the COVID-19 pandemic, the Iowa Supreme Court’s opinion released on March 27, 2020 in Blue Grass Savings Bank v. Community Bank & Trust Company has the potential to disrupt the lending industry for years. In what…
COVID-19: Paycheck Protection Program – Forgivable Loans for Businesses under SBA 7(a) Program
Under the recently Coronavirus Relief Bill that was passed by the Senate, and is expected to pass the House and be signed by the President, a new Paycheck Protection Program has been introduced which will provide small businesses (500 or…
COVID-19: Fraudsters Also Work From Home
By John Lande
Many organizations have transitioned the bulk of their staff to working from home. While this may reduce the threat posed by COVID-19, it presents new risks for organizations of all kinds and sizes. We have covered numerous cases of fraudsters…
Webinar: COVID-19 Mandated Emergency Leaves: Employers with Less Than 500 Employees
The COVID-19 pandemic has left many Iowa employers in uncharted waters.
Join Jill Jensen-Welch and Melissa Schilling, two shareholder employment attorneys of Dickinson Law, this Friday, March 27th from Noon to 1:30 p.m. for a webinar on Mandated Emergency Leaves.…
COVID-19: Tax Filing Date & Payment Extension, Tax Credits for Paid Leave, and NEW Stimulus Payments
By The Newsroom
Tax Filing Date and Payment Extension
Pursuant to IRS Notice 2020-18, the tax filing deadline and deadline for making individual federal income tax payments has been automatically postponed to July 15, 2020. This means that there is no penalty or…
SBA Disaster Loans – What Constitutes a Small Business
SBA Disaster Loans are currently available to small businesses in Iowa, and small businesses have been applying for those loans since Saturday, March 21. The current expected wait for applicants is 3 weeks, with an additional week for funds to…
SBA Disaster Loans – Eligibility and Filing Requirements
SBA Disaster Loans are currently available to small businesses in Iowa, and small businesses have been applying for those loans since Saturday, March 21. The current expected wait for applicants is 3 weeks, with an additional week for funds to…
The Coronavirus and Chapter 11 Bankruptcy
The sharp drop in the financial markets and the sharp increase in temporary business closings have placed a significant strain on many businesses across the country. Although it is important for businesses to remain optimistic and hope for a quick…
SBA Disaster Business Loans – Iowa Now Designated as Disaster Area
On Saturday, March, 21, 2020, Iowa was officially designated as a declared disaster area as a result of the current Coronavirus crisis. Now that Iowa has received the designation, small businesses who meet SBA income or employee limits (whether such…