ATLANTA, January 29, 2021 – Bird Loechl McCants & Holliday (BLM&H) represented Invesco Ltd. (NYSE: IVZ) and its subsidiary, Jemstep Inc., on an add-on acquisition of an investment advisory firm based in New Jersey. In 2016, Invesco acquired Jemstep, one of the...
Bird Loechl McCants & Holliday Advises Alliance Precision Plastic Corp. on Divesture of Mexico Operations to Revere Plastics Systems
ATLANTA, December 29, 2020 – Bird Loechl McCants & Holliday (BLM&H) represented Rochester, N.Y.-based Alliance Precision Plastics, Inc. in the divestiture of its Mexico manufacturing operations to Revere Plastics Systems headquartered in Novi, MN. Alliance...
Bird Loechl McCants & Holliday Adds Corporate Associate From Seyfarth Shaw
ATLANTA, October 12, 2020 – Bird Loechl McCants & Holliday (BLM&H) has recruited corporate attorney Harrison B. Sullivan as an associate in the firm’s Corporate and Securities Practice. Sullivan joins partners W. Hunter Holliday and Kevin J. Loechl in...
Summary and Action Steps Related to Georgia COVID-19 Pandemic Business Safety Act
On Wednesday, August 5, 2020, Governor Brian Kemp signed into law S.B. 359, the Georgia COVID-19 Pandemic Business Safety Act (codified at Official Code of Georgia §§ 51-16-1 to 61-16-5) (the “Act”). The Act limits the liability of businesses, churches, schools,...
Supreme Court Rules That BOOKING.COM Is Not Generic; Can Be Registered As a Trademark
After the U.S. Supreme Court's first oral argument ever conducted by phone (due to Covid-19 restrictions), the Court recently held in an 8-1 decision in United States Patent and Trademark Office v. Booking.com B.V. that the domain name BOOKING.COM could be registered...
Certification of Need for PPP Loan, Safe Harbor for Return of PPP Funds, and PPP Audits
Many thousands of businesses and nonprofit organizations across the United States have applied for Paycheck Protection Program Loans (“PPP Loans”). Recent news reports have highlighted certain borrowers who have returned PPP Loan funds because they did not believe...
COVID-19 Update for Non-Religious and Faith-Based For-Profit and Nonprofit Employers
As employers, businesses and nonprofit organizations have many questions about the impact of the various relief measures enacted by Congress or implemented by the United States Government, including Small Business Administration (SBA) loan programs, tax credits, paid...
The CARES Act—Economic Injury Disaster Loan (EIDL) Program, EIDL Grants/Advances, and the Paycheck Protection Program Loan (PPP Loan)
This advisory will provide summaries of the following: I. Economic Injury Disaster Loan (EIDL) Program and Emergency EIDL Grants/Advances under the CARES Act (Sections 1107 and 1110) as enacted on March 27, 2020. II. Paycheck Protection Program Loan (“PPP Loan”) Key...
Partnership and LLC Agreements Require Amendment Due to Major Changes to Tax Audit Rules for Tax Years Beginning After December 31, 2017
SUMMARY: The Bipartisan Budget Act of 2015 (“BBA”) enacted major changes to federal income tax law regarding IRS audits of entities taxable as partnerships and their partners/members. The new rules, including proposed regulations, become mandatory for tax years...