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Business Services

In the field of Business Services, we regularly advise public and private companies, private equity firms, investment banks, government entities, middle-market companies, individual entrepreneurs, and other institutions in a broad spectrum of business and financial matters.

Recognized by Chambers USA and U.S. News – Best Lawyers® "Best Law Firms," as a leading law firm in the delivery of sophisticated corporate services, the attorneys of Stites & Harbison regularly counsel clients on a broad range of matters from strategic transactions to the day-to-day operations and success of their business.

We provide dedicated and cost-effective counsel on:

  • Administrative Law
  • Airport Law
  • Business Expansion, Relocation & Government Incentive Programs
  • Charitable & Nonprofits
  • Commercial Finance
  • Contract Drafting
  • Negotiations for Public & Private Partnerships
  • Succession Planning
  • Corporate Finance & Securities Offerings
  • Corporate Governance & Disclosure
  • Employee Benefits
  • Entertainment Law
  • Entrepreneurial Services
  • ESOPs
  • Joint Ventures
  • Mergers & Acquisitions
  • Securities
  • Taxation
  • Trade Association Law

The lawyers of Stites & Harbison work collaboratively, across industries and practices, to provide the most comprehensive and thorough legal representation.

Business Services Specialty Areas
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Press Releases

Stites & Harbison Welcomes John Weber

LOUISVILLE, Ky.—Stites & Harbison, PLLC welcomes attorney John Weber to the firm’s Louisville, Ky., office.

by Stites & Harbison, PLLC October 20, 2020
Press Releases

Tom Halbleib, Jr. Appointed to Kentucky Local Government Public-Private Partnership Board

LOUISVILLE, Ky.—Kentucky Governor Andy Beshear has appointed Stites & Harbison, PLLC attorney Tom Halbleib, Jr. as a member of the Kentucky Local Government Public-Private Partnership Board. He will serve a term expiring on August 1, 2024.

by Stites & Harbison and PLLCh October 06, 2020
Events

Restart Kentucky: Payroll Protection Program Loan Forgiveness

Date: 9/11/20
Time: 10:00 a.m.

Louisville office attorney Brian Cromer will be a panelist for this webinar discussing the Payroll Protection Program on September 11, 2020.

Brian A. Cromer September 04, 2020
Press Releases

Bert Wolf Named Stites & Harbison’s Memphis Office Executive Member

MEMPHIS, Tenn.—Stites & Harbison, PLLC attorney Herbert B. Wolf Jr. (Bert) has been named Office Executive Member for the Memphis, Tenn., office.

by Stites & Harbison, PLLC September 04, 2020
Press Releases

IFLR1000 Honors Stites & Harbison and James C. Seiffert

LOUISVILLE, Ky.—IFLR1000 has announced that Stites & Harbison, PLLC and attorney James C. Seiffert have been honored in IFLR1000 United States for 2020.

by Stites & Harbison, PLLC August 27, 2020
Press Releases

Stites & Harbison, PLLC Lawyers Named to 2021 Best Lawyers® Publications

LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 82 lawyers are included in the 2021 Edition of The Best Lawyers in America©.

by Stites & Harbison, PLLC August 20, 2020
Client Alerts

The Tennessee COVID-19 Recovery Act

On August 12, 2020, the Tennessee General Assembly passed the COVID-19 Recovery Act (the “Act”), which was enacted into law by Governor Bill Lee’s signature on August 17, 2020.

by Michael B. Schwegler (Mike) August 18, 2020
Client Alerts

GSEs Announce New Fee for Consumer Residential Loan Refinances: Lenders Brace for Added Costs and Potential Compliance Concerns

On August 12, 2020, the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) delivered a harsh blow to lenders and consumers in the residential mortgage market when they announced they would impose a .5% fee (i.e., a 1/2 “point” in mortgage finance parlance) on refinance mortgages purchased by Fannie Mae and Freddie Mac after September 1, 2020.

by Brian M. Bennett and Michael B. Schwegler (Mike) August 18, 2020
Client Alerts

Information You Need on the COVID-19 Coronavirus

Stites & Harbison has assembled a Coronavirus Response Team which consists of a cross-disciplinary task force of attorneys and critical staff members to ensure our firm remains “On the Job” for you. Updated 08/14/20

by Stites & Harbison, PLLC August 18, 2020
Client Alerts

Retirement Plan Excessive Fee Litigation is on the Rise

Retirement plan sponsors and other fiduciaries are required by ERISA to discharge their duties with the “care, skill, prudence, and diligence” under the circumstances as would a prudent man. This means, among other things, fiduciaries should ensure that all fees paid by the plan for recordkeeping and investment management services are competitive and reasonable.

by Andrew R. Jacobs August 17, 2020
Client Alerts

SAFE TO WORK Act Would Provide Liability Protections for Coronavirus-Related Claims

On July 27, 2020, Senator John Cornyn, for himself and Senate Majority Leader Mitch McConnell, introduced the SAFE TO WORK Act (the “Act”) as part of the Senate’s new $1 trillion stimulus proposal. This bill would provide significant liability protection for claims related to the coronavirus brought against businesses, educational institutions, health care providers, non-profits and government agencies.

by Brian A. Cromer July 30, 2020
Press Releases

Boyle County Industrial Foundation Elects David Longenecker to its Board of Directors

LEXINGTON, Ky.—The Boyle County Industrial Foundation (BCIF) Board of Directors recently elected Stites & Harbison, PLLC attorney David Longenecker as a new director. He will serve a three-year term.

by David E. Longenecker July 24, 2020
Client Alerts

PPP Loan Application Extension Signed Into Law As Congress and White House Debate Repurposing of Funds

On Saturday, July 4, 2020, following a surprise vote by the U.S. Senate earlier in the week and quick passage in the House of Representatives, a bill extending the Paycheck Protection Program (“PPP”) loan application deadline from June 30, 2020 to August 8, 2020 was signed into law by the President. However, with a recently reported $130 billion out of the $669 billion in total funding allocated to this stimulus program still unspent, policymakers in Washington are considering whether these monies should be repurposed.

by Brian A. Cromer July 06, 2020
Client Alerts

$5 Billion of New Market Tax Credits in Search of High Impact Projects

It is anticipated that the Community Development Financial Institutions Fund (“CDFI”) will announce $5 billion in New Markets Tax Credits (“NMTC”) allocation awards within the next several weeks.

by James C. Seiffert and Jameson M. Seiffert July 02, 2020
Client Alerts

U.S. Senate Unexpectedly Passes Bill Extending PPP Application Deadline

On the evening of June 30, 2020, a few hours before the Paycheck Protection Program (“PPP”) loan application deadline was set to expire, the U.S. Senate unanimously passed a bill amending the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) to extend the deadline from June 30 2020 to August 8, 2020.

by Brian A. Cromer July 01, 2020
Client Alerts

Main Street Loan Program

Recently, the Federal Reserve initiated a new commercial lending facility that has been promised for months, the Main Street Lending Program (“MSLP”), consisting of three new loan facilities: the New Loan Facility, Expanded Loan Facility and Priority Loan Facility.

by Michael B. Schwegler (Mike) and J. David Wicker June 29, 2020
Client Alerts

New Federal Law Makes Important Changes To Paycheck Protection Program

The Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”), which is intended to address problematic elements of the Paycheck Protection Program (“PPP”), was signed into law by the President on June 5, 2020.

by Brian A. Cromer June 05, 2020
Client Alerts

OSHA Revises COVID-19 Guidance

On May 26, 2020, OSHA rescinded its prior memo dated April 10, 2020, and provided updated “Enforcement Guidance for Recording cases of Coronavirus Disease 2019 (COVID-19)”.

by S. Kelly Gilliam, Shannon Antle Hamilton, and Sarah Cronan Spurlock June 05, 2020
Client Alerts

SBA Extends PPP Loan Safe Harbor Repayment Date to May 18, 2020

Last night, the U.S. Small Business Administration extended the safe harbor deadline for the repayment of Paycheck Protection Program loans from May 14, 2020 to May 18, 2020.

by Brian A. Cromer May 14, 2020
Client Alerts

New SBA Guidance on PPP Loans and the Necessity Certification: Safe Harbor for Loans Under $2 Million and SBA Remedies for Certain Adverse Determinations

Against a backdrop of considerable anxiety in the business community regarding many aspects of the Paycheck Protection Program (“PPP”), the U.S. Small Business Administration (“SBA”) today issued its promised guidance on how it will review a borrower’s good-faith certification of economic need in connection with a PPP loan.

by Brian A. Cromer May 13, 2020