SPARTA — Attorneys Angelo J. Bolcato and Shan H. Kadkoy from the law firm Laddey, Clark & Ryan LLP recently presented a free webinar, “COVID-19 and Your Business: Issues to be Aware of during the Pandemic.”


The purpose of the webinar was to help guide small businesses and non-profits find the relief they desperately need amid the COVID-19 pandemic. The program outlined the following:


• Overview of NJEDA and SBA support programs currently available


• Issues that businesses have encountered dealing with the government programs


• Other programs that businesses may be able to consider


• Contract issues that you may encounter during the pandemic


• Insurance issues to consider


There are currently a wide array of programs and grants being developed for businesses; however, many of these programs have been deemed oversubscribed and underfunded within days, or, in some cases, minutes from their inception. The legislature, at both the state and federal level, has been working to revitalize some of these programs, but due to the expedited pace of COVID-19-related legislation, businesses are not given proper guidance on the programs for which they are best qualified.


According to the law firm, many businesses are currently faced with a “take-anything-they-can-get approach,” an inefficient practice for businesses that are in desperate need of appropriate relief immediately. The webinar presented an outline of programs that are currently available and programs that may be reintroduced, as well as popular programs that have been closed. In addition, the webinar highlighted a few programs that may have been overlooked by businesses.


Finding the right program to apply for a loan or grant is only half the battle, however. Businesses are regularly running into problems after receiving funding. The webinar presented a number of issues that businesses are currently going through, and provided recommendations on what steps a business owner can take to mitigate against these obstacles.


Lastly, the webinar provided an analysis of business contracts and insurance issues that have been encountered during this pandemic. Some businesses are so overwhelmed with decreased revenues and workforce, that they may not have the time to review both their contracts and insurance clauses to make sure they are receiving their fair share of relief, or entitled to a delay in performance. It is therefore important that they reach out to legal and financial professionals to get a better understanding of what they can do to get through this pandemic in the most efficient way possible, the attorneys at the law firm said.



EPA RECOGNITION


SPARTA – Laddey, Clark & Ryan, LLP has been named one of only four organizations in New Jersey to be recognized as a 2019 WasteWise Regional Award Winner by the United States Environmental Protection Agency in the Northeast Region (Region 2).


EPA’s WasteWise encourages organizations and businesses to achieve sustainability in their practices, and reduce waste. WasteWise is part of EPA’s sustainable materials management efforts, which promote the use and reuse of materials more productively over their entire lifecycles. All U.S. businesses, as well as governments and nonprofit organizations, can join WasteWise as a partner. Partners demonstrate how they reduce waste, practice environmental stewardship and incorporate sustainable materials management into their waste-handling processes.


In 2018, Laddey Clark & Ryan diverted more than 11 tons of waste from the county landfill. The firm recycles paper and paper products, electronic equipment, ink cartridges, and bottles, and utilizes energy-efficient lightbulbs. In recent years, Laddey Clark & Ryan began purchasing filtered water for its office to avoid use of single-use plastic bottles and stopped using disposable cups. The law firm is constantly on the lookout for opportunities to purchase more recycled products.