May 19, 2020 | Family Enterprise USA, In The News
By Hedda Schuapak, Family Business Magazine. NextGens’ innovative ideas can revitalizes their family companies. Here are three examples. When twin sisters Jenny Dinnen and Katie Rucker took over MacKenzie Corp., an analytics firm in Lake Forest, Calif., in 2013,...
May 13, 2020 | COVID-19, Family Enterprise USA, In The News
The overwhelming news from the states is the financial impact COVID-19 is having on their bottom line…and precisely one article on why they shouldn’t be given or take a bailout from the feds! States should say ‘no thanks’ to a federal bailout “The...
May 11, 2020 | Budget Deficit, COVID-19, Family Enterprise USA, In The News
If you’re a regular reader of these updates, this week’s will seem like Deja vu. Congress moved quickly to pass a costly aid package without regard to how it would be paid for, which the President signed immediately. The $484 billion relief package was...
Apr 29, 2020 | COVID-19, Family Business Stories, Family Businesses, Family Enterprise USA, In The News
There is one word I typically avoid and usually cringe when it is used: unprecedented. Its inclusion is for dramatic effect, of course. And while it can technically be used to connote an event or item that is unique, atypical, or abnormal, for me, it really should be...
Apr 28, 2020 | COVID-19, Family Enterprise USA, In The News
Contacts Squire Patton Boggs (US) LLP squirepattonboggs.com David B. Stewart Principal, Washington DC David Schnittger Principal, Washington DC Beth L. Goldstein Senior Associate, Washington DC Brandon C. Roman Senior Associate, Washington DC Ludmilla L. Kasulke...
Apr 25, 2020 | Family Businesses, Family Enterprise USA, In The News
Even though family businesses are often viewed as not the most agile, when a crisis of this magnitude hits, they are able to quickly bring to bear skills developed over generations to ensure resilience, capitalizing on the trust patiently accumulated with various...
Apr 23, 2020 | Family Businesses, Family Enterprise USA, In The News
On March 27, President Trump signed a historic $2 trillion COVID-19 stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), into law. Included in this package is a $100 billion Provider Relief Fund to be allocated to Medicare and...
Apr 22, 2020 | COVID-19, Family Enterprise USA, In The News
The U.S. Senate gave its approval yesterday to a $500 billion interim coronavirus relief measure providing additional funding for small businesses, hospitals and health providers, and other national COVID-19 priorities (discussed further below). But the biggest news...
Apr 21, 2020 | COVID-19, Family Enterprise USA, In The News
The U.S. Congress is expected this week to reach agreement on and pass a bill to add hundreds of billions of dollars in fresh funding to the CARES Act’s small business lending account, the Paycheck Protection Program (PPP), which ran out of money last week. The...
Apr 20, 2020 | Family Enterprise USA, In The News, Income Taxes
“Cities and states brace for economic ‘reckoning,’ eyeing major cuts and fearing federal coronavirus aid isn’t enough,” by WaPo’s Tony Room: Many states and cities, which were already cash-strapped, are now in dire straits, facing...