Pandemic Restrictions May Provide An Exit From Contract Obligations | West Coast Franchise Law

In what is probably an unprecedented decision, the United States Bankruptcy Court for the Northern District of Illinois has ruled that governmental shutdowns and restrictions imposed to curb the spread of COVID-19 could be considered a Force Majeure event and give a business a valid reason to exit from contract obligations during the pandemic. On…

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Tips To Renegotiate Your Lease Due to COVID | Franchise Attorney Nate Riordan

Rent Relief: How To Renegotiate Your Business Rent During the Pandemic If you are a retail business, there is perhaps nothing more critical for reopening or continuing operations than your lease. During this time of quarantine and reopening, both landlords and tenants have been casting about trying to find solutions. No one really knows what…

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PPP Loan Forgiveness Expands | Franchise Attorney Nate Riordan | West Coast Franchise Law

PPP Borrowers Get More Time and Flexibility On June 5, 2020 the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010) was signed into law.  H.R. 7010 will loosen the restrictions on Paycheck Protection Program (PPP) loan forgiveness and give borrowers more freedom to use funding for expenses other than payroll. Here’s what you need…

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Best Practices For Reopening Your Business Post-Quarantine

The U.S. has bled millions of dollars in business since COVID-19 shuttered millions of businesses and forced consumers indoors. But now that many states are slowly reopening their economies, you need to understand the best way to move forward to ensure the safety of your workers and customers. Here’s what you need to know. Understand…

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Nate Riordan | 2020 Seattle Bankruptcy Super Lawyer

Franchise and business law attorney Nate Riordan was named a 2020 Seattle Super Lawyer, an honor bestowed on only 5% of the lawyers in Washington each year. This is the 2nd year in a row Nate has been named a Seattle Super Lawyer for his outstanding work in bankruptcy law. Super Lawyers® selects attorneys using a…

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Stress Management Tips for Small Business Owners During a Pandemic | Bankruptcy Attorney Nate Riordan

We are one month deep into the COVID-19 pandemic and many businesses are feeling the strain of mandatory closures, reduced foot traffic and the prospect of a recession if we’re unable to stem the financial bleed. All these factors can create an underlying and unrelenting amount of stress. But as some business owners know, stress…

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Nate Riordan on The Pillars of Franchising Podcast

Nate Riordan, franchise attorney and founder of West Coast Franchise Law, was a guest on The Pillars of Franchising podcast. WATCH: Emergency Advice for Your Franchise During the Coronavirus Pandemic: What to Say and Do With Your Landlords, Lenders, Franchisor, Taxes and Employees How Franchises Can Weather the Coronavirus Storm Your lease is probably the single…

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10 Do's and Don't When Talking to Your Landlord About Rent Relief | Bankruptcy Attorney Nate Riordan

PLUS: How Franchises Can Weather the Coronavirus Storm Your lease is probably the single most important consideration for franchise businesses to weather the coronavirus storm. You need the lease when you return. –> Free Download: Emergency Forms for Your Lease or Leases For the Postponement or Abatement of Rent 10 Do’s and Don’t When Talking…

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Insights On the SBA Disaster Loan Application Process | Franchise and Business Law Attorney Nate Riordan

One of the professionals in our network reached out to a great SBA loan originator and got some on the ground insight into the SBA disaster loans. It’s not surprising that things aren’t going smoothly as they ramp up a new program with huge demand and lots of questions. Here are some takeaways: Disaster relief…

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