Cleveland Court Case Could Bring Relief to Businesses Whose COVID Claims Were Denied

by James P. Sammon | Apr 15, 2021 | Finance, Government

By Jim Sammon Since the start of the COVID-19 pandemic governmental lockdowns in mid-March 2020, commercial property and business owners across the country have been suffering extreme financial losses and have experienced difficulties maintaining the very basics of...

Restaurants, Hospitality Businesses Eligible for $28.6 Billion in Federal Grants

by James P. Sammon | Mar 19, 2021 | Finance, Government

By Jim Sammon A long-awaited and welcome piece of the recent stimulus package is directly pointed at the restaurant and hospitality industries. Billions of dollars in federal grant money will be available to privately owned hospitality businesses through the $1.9...

Franchise Industry Poised for Post-COVID Growth

by James P. Sammon | Feb 20, 2021 | Employment, Finance

By Jim Sammon & Melissa Yasinow  After experiencing pandemic-induced disruption, the franchise industry expects a strong economic rebound for a post-COVID 2021. According to the International Franchise Association (IFA), the franchise industry is likely to bounce...

Cleveland Court Finds in Favor of Restaurants on COVID-19 Business Interruption Claims

by James P. Sammon | Jan 22, 2021 | Finance, Government

By Jim Sammon & Brett Krantz In a matter decided this week, a judge in the Northern District of Ohio granted summary judgment in favor of the insureds, Plaintiff Henderson Road Restaurants (a group that includes the Hyde Park Prime Steakhouses). The Court found...

Restaurants: Dying for COVID Relief

by James P. Sammon | Dec 14, 2020 | Finance, Government, Individuals and Family

By Jim Sammon & Kyle Stroup [12/21/2020 UPDATE: Congress has brokered a deal on a more than $900 billion coronavirus economic relief bill, expected to be passed by the House and Senate on Monday. President Trump is expected to sign it.] Food preparation and...