State of Nebraska Expands Options for Grants to Small Businesses Affected by COVID-19 Pandemic – New Deadline of July 17

Nebraska has re-opened and expanded its program by which certain small businesses will be eligible for grants from the state to help address the impact of the COVID-19 pandemic.  Businesses…

Continue ReadingState of Nebraska Expands Options for Grants to Small Businesses Affected by COVID-19 Pandemic – New Deadline of July 17

COVID-19 and Contract Enforcement: Illinois Bankruptcy Court holds that Force Majeure Provisions Excuse some Obligations Under Contract

One of the legal questions that has risen out of the COVID-19 pandemic is what obligations do parties of a contract have when one of the parties is unable to…

Continue ReadingCOVID-19 and Contract Enforcement: Illinois Bankruptcy Court holds that Force Majeure Provisions Excuse some Obligations Under Contract

8th Circuit Holds Reasonable Basis Defense to Negligence Penalty Requires Taxpayers to Prove Actual Reliance on Authorities

On April 24, 2020 the Eighth Circuit Court of Appeals upheld the district court’s determination that Wells Fargo was not entitled to a tax credit on its 2003 tax return…

Continue Reading8th Circuit Holds Reasonable Basis Defense to Negligence Penalty Requires Taxpayers to Prove Actual Reliance on Authorities