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.
The New Stimulus Package and the Next Round of Paycheck Protection Program Loans
The Consolidated Appropriations Act, 2021 (the “Appropriations Act”), one of the longest bills ever passed in the history of the U.S. Congress, was signed into law on December 27, 2020. This legislation provides approximately $900 billion in new stimulus funding, of which $284 billion has been allocated to the Paycheck Protection Program (“PPP”).
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 01/11/21
Paycheck Protection Program Loans Guidance
Time: 10:00 a.m.
Webinar
Stites attorney Brian Cromer will be one of the speakers discussing what has changed for this new round of funding and how to make use of the Paycheck Protection Program.
PPP Update: AGC Lawsuit Hammers Away at the SBA, Alleging Violations of Borrowers’ Constitutional Rights
The Associated General Contractors of America, Inc. (“AGC”), the U.S. construction industry’s largest trade association, has taken dead aim at the controversial Paycheck Protection Program (“PPP”) loan necessity questionnaire (the “Questionnaire”) that was recently introduced by the U.S. Small Business Administration (“SBA”) and the so-called PPP “necessity” certification (the “Necessity Certification”). The Necessity Certification is the SBA requirement that PPP loan applicants certify in good faith that economic uncertainty makes the loan request necessary to support ongoing operations.
Kentucky Super Lawyers Honors 41 Stites & Harbison Attorneys for 2021
LOUISVILLE, Ky.—The 2021 edition of Kentucky Super Lawyers recently honored 42 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices.
Bill Joseph Recognized in Georgia Trend’s 2020 Legal Elite
ATLANTA—Georgia Trend magazine has selected Stites & Harbison, PLLC attorney William M. (Bill) Joseph as one of its 2020 Legal Elite in the category of Taxes/Estates/Trusts Law. This is the seventh time Joseph has earned the Legal Elite honor.
Ten Stites & Harbison Attorneys Honored by 2020 Mid-South Super Lawyers
NASHVILLE, Tenn.—The 2020 edition of Mid-South Super Lawyers recently honored 10 Stites & Harbison, PLLC attorneys.
Stites & Harbison Highly Ranked in 45 Practice Areas in 2021 “Best Law Firms” List
LOUISVILLE, Ky.—U.S. News & World Report and Best Lawyers have released their 2021 “Best Law Firms” rankings. Stites & Harbison, PLLC’s three National Tier 1 rankings include: Litigation – Construction, Litigation – Real Estate, and Trademark Law. The firm’s overall results include 83 metropolitan rankings in seven regions and represent the 45 legal practice areas.
Stites & Harbison Welcomes John Weber
LOUISVILLE, Ky.—Stites & Harbison, PLLC welcomes attorney John Weber to the firm’s Louisville, Ky., office.
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.
Restart Kentucky: Payroll Protection Program Loan Forgiveness
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.
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.
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.
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©.
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.
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.
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.
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.
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.
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.