As TB&H celebrates its 9-year anniversary today, we would like to thank our clients, families, and friends for their trust and support. We look forward to continued success and growth in the years to come.
The Federal Trade Commission (FTC) has proposed a rule for public comment that would make non-competes in employment illegal in the United States. Employers who are party to existing non-competes would be required to rescind those agreements and provide notice to the employee. The proposed rule would supersede state laws and apply nationally. The comment period for the proposed rule currently runs through March 10, 2023.
The proposed rule: https://lnkd.in/eZMJ8-Q8
The press release: https://lnkd.in/eYaqPN9w
Timmerman, Beaulieu & Hinkle, LLC is proud to announce the addition of Regina Verzino as an associate to the Firm. Regina is a graduate of the University of South Carolina and University of Baltimore School of Law. Her practice will focus on business litigation, insurance defense, and labor and employment matters.
Maryland has authorized $130 million in loan and grant funding for small businesses and manufacturers that have been negatively impacted by the Coronavirus (COVID-19). This emergency assistance provides interim relief and proceeds that can be used to pay cash operating expenses including payroll, suppliers, rent, fixed debt payments and other mission critical cash operating costs.
If you are a Maryland-based business impacted by the Coronavirus with under 50 full- and part-time employees, or a Maryland manufacturer, check out the programs below to see if you qualify for assistance.
- Maryland Small Business COVID-19 Emergency Relief Loan Fund – This $75 million loan fund (for for-profit businesses only) offers no interest or principal payments due for the first 12 months, then converts to a 36-month term loan of principal and interest payments, with an interest rate at 2% per annum. Learn more.
- Maryland Small Business COVID-19 Emergency Relief Grant Fund – This $50 million grant program for businesses and non-profits offers grant amounts up to $10,000, not to exceed 3 months of demonstrated cash operating expenses for the first quarter of 2020. Learn more.
- Maryland COVID-19 Emergency Relief Manufacturing Fund – This $5 million incentive program helps Maryland manufacturers to produce personal protective equipment (PPE) that is urgently needed by hospitals and health-care workers across the country. More details are expected to be announced by Friday, March 27, 2020.
See https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-fund-programs for additional information.
As schools, businesses and the courts close to prevent the spread of the Covid-19 virus, we at TBH&E want to advise our clients that our attorneys and staff continue to work on your matters. Fortunately, we are able to take full advantage of available technology to efficiently operate remotely and we will continue to provide legal services in a prompt, cost-effective manner with minimal interruption.
As of this date, Maryland courts are closed to the public until April 3, 2020, and all jury-trials and non-emergency hearings have been postponed. If you have an upcoming scheduled event, our office will contact you to discuss the status of the matter. In the interim, you are invited to reach out to us via email or phone should you have any questions or concerns. We are also fully capable of conducting virtual video meetings.
We take great pride in being a valued partner to our clients. As we navigate these uncertain times together, we stand ready to assist in any way we can.
We will continue to provide updates as additional information becomes available.
TBH&E is proud to announce that Partners James M. Timmerman, Jason P. Beaulieu and Justin W. Esworthy have been selected by their peers as 2020 Super Lawyers for the State of Maryland, a distinction awarded to less than 5% of all attorneys in the State.
Super Lawyers® selects attorneys using a rigorous, multiphase process in which peer nominations and evaluations are combined with independent research of a candidate’s professional achievement and ethics. Selections are made on an annual, state-by-state basis.
