Firm News
Plan Fiduciary Training – Does Your Company Need It?
In short, the answer is YES. Every week, new lawsuits are filed against companies and individuals, claiming that one or more breaches of fiduciary duties have been committed in connection with duties owed to employee benefit plans subject to the Employee Retirement...
Twelve Fraser Stryker Attorneys Listed as 2020 Great Plains Super Lawyers
Fraser Stryker is pleased to announce that several of its lawyers have been recognized on the 2020 Great Plains Super Lawyers list. According to Super Lawyers, "Each year, Super Lawyers recognizes the top lawyers in Nebraska via a patented multiphase selection...
Main Street Lending Program Publishes FAQs for Nonprofit Organizations
The Federal Reserve has released Frequently Asked Questions (FAQs) on the Main Street Lending Program's expansion to support greater access for nonprofit organizations. Key highlights include: Main Street loans are not forgivable but may be reduced in the event of...
SBA Releases Information Regarding PPP Loan Forgiveness Process for Lenders
Yesterday, the Small Business Administration (SBA) issued a procedural notice to Paycheck Protection Program (PPP) lenders that provides detailed instructions on the PPP loan forgiveness process. SBA’s procedural notice gives background information regarding the...
SBA Releases Guidance Regarding Reporting Suspicious Activity in the EIDL Program
The Small Business Administration (SBA) recently issued a guidance document to depository financial institutions regarding SBA’s Economic Injury Disaster Loan (EIDL) Program, and regarding reporting of suspicious activity. The EIDL direct loan program offers...
Fraser Stryker Recognized in Chambers USA 2020 Top Law Firms and Lawyers Rankings
Fraser Stryker is honored to be recognized in the Chambers USA 2020 guide: America's Leading Lawyers for Business, which ranks the top law firms and lawyers throughout the United States. This year's rankings for the Firm include seven attorneys and five practice...
DOL Issues New Retirement Plan Electronic Distribution Rules
The Department of Labor ("DOL") published a final rule in the Federal Register on May 27, 2020 that establishes a new electronic disclosure safe harbor for retirement plans. The rule, known as the "Default Electronic Disclosure by Employee Pension Benefit Plans under...
Main Street Lending Program Expands to Support Greater Access for Nonprofit Organizations
On Friday, the Federal Reserve announced two new loan options under the Main Street Lending Program. The options make loans available to accommodate a wider range of nonprofit organizations that are ineligible for Paycheck Protection Program loans. The minimum...
$10 Million Rent Assistance Program in Douglas County, NE Launches July 17, 2020
Today, the Douglas County Board in Nebraska launched its CARES Act Rental Assistance Program with an initial funding of $10 million. The program aids low and moderate income individuals whose income has been adversely affected by the COVID-19 pandemic. The program...
Fraser Stryker Welcomes Summer Diversity Scholarship Intern
Fraser Stryker is pleased to welcome this summer's Fraser Stryker Diversity Scholarship Intern, Alejandra Arellano. A 2019 Fraser Stryker Diversity Scholarship Program recipient and graduate of Omaha Northwest High School, Alejandra is currently attending the...
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