COVID-19 Business Resources

Topics

Four groups to address when the end is near

Up to this point, many restaurants have been able to survive due to PPP funds, concessions from landlords, interest-only payments from banks and generous terms from suppliers. However, for many time has run out. It is always hard to ...

Dennis Monroe discusses uneven restaurant industry recovery in Restaurant Business podcast

In the current challenging business environment, some restaurants are struggling to survive while others are flourishing. How do we account for this dichotomy? MMB’s Dennis Monroe joins Jonathan Maze of Restaurant Business in “A Deeper Dive” podcast to discuss ...

Because of COVID-19, college-aged children need a basic estate plan

It’s August, and that means it’s time to get ready to go back to school for many students. If your child recently graduated from high school and is heading to college in the next few weeks, besides assembling the ...

What have restaurants learned: Part 2

The jury is still out as to what we’ve collectively learned from both the pandemic and the urban disruption as a response to George Floyd’s death while in police custody, but there are some things we can deduce from ...

WAIVERS FOR COVID-19 LIABILITY: ARE THEY A GOOD IDEA?

As businesses reopen and seek to restore operations to pre-COVID levels, we have received a number of questions concerning the use of liability waivers to reduce legal  risk related to COVID-19. The main concern is whether you should ask ...

What we have learned so far from COVID-19

“He who doesn’t understand history is deemed to repeat it.” And no one wants to repeat what we’ve all been through—and are still going through. So it’s not too early to reflect on what we have learned thus far ...

John Remakel to Speak in a Webinar on the Future of the Restaurant Industry

John Remakel will join a panel of experts in a webinar “What Is Going to Happen to My Favorite Restaurant?” presented by the Minnesota chapter of the Turnaround Management Association on June 18 at 12:00pm (CST). The panel will ...

Matt Duffy and Pat Weller to Participate in a Webinar on Emerging Trends in Restaurant Real Estate

Matt Duffy and Pat Weller will be panelists in the upcoming Minnesota Real Estate Journal webinar “Current Issues and Trends Affecting the Restaurant Community.” They will be joined by restaurateur Brian Ingram (New Bohemia, Truck Park USA, Hope Breakfast ...

Dennis Monroe Comments on Main Street Loan Program in Star Tribune Article

Dennis Monroe is quoted in a recent Star Tribune article discussing the Federal Reserve’s new Main Street Lending Program. Although intended for small to medium-sized businesses, the program is unlikely to attract many borrowers from those segments, unlike the ...

COVID-19 Insurance and Liability Questions

1. Are there any new insurance policies or endorsements available that would protect business owners against claims made by patrons, guests, or employees alleging exposure to and/or infection of the virus at their properties? There are no new insurance ...

Traps and Provisions of PPP Loan Forgiveness Program — webinar recording

On May 19, Tim Ring joined Rick Ormsby and Derek Ball of Unbridled Capital as a guest on a webinar discussing the traps and provisions of the PPP loan forgiveness program. To watch the recording of the webinar, visit ...

COVID-19 and Business Interruption Insurance Coverage

Many property insurance policies contain coverage for certain types of business interruption. Business interruption insurance usually operates as a safety net to compensate business owners for losses when their place of business must temporarily close due to a “covered ...

How Do I Come Up With the Money to Reopen My Restaurant?

This seems to be one of those constant questions out there, even though many multi-unit operators and independents have received funding from the Paycheck Protection Program (PPP). These programs were just a way to get employees back to work, ...

Litigation in a Time of Pandemic

In recent weeks, we have received questions from clients regarding the effect of the novel coronavirus (“COVID-19”) on cases that are currently pending in the courts or disputes that might be headed toward litigation. The following is a brief ...

Finding opportunities in the midst of chaos

I know this may make me sound like the eternal optimist, but I do believe that there are some good opportunities for the restaurant industry during these difficult times. I’ll outline a few things that I think you should ...

Can I use my insurance coverage for COVID-19?

Question: Can I use my insurance coverage for COVID-19? During these uncertain times, the restaurant and foodservice landscape is evolving quickly, sometimes daily. So what does this mean for the losses incurred by these businesses and the prospect of ...

Rent obligations in commercial leases in the wake of COVID-19

Forced to close their businesses or severely restrict operations as a result of the COVID-19 outbreak, financially distressed tenants of commercial properties are taking a closer look at their leases to find any potential protection for nonpayment of rent. ...

Are employers liable for COVID-19 illness in reopened workplaces?

As some businesses slowly begin to restart operations with skeleton crews, they must observe the CDC safe conduct rules, with employees wearing masks and gloves, and common areas, such as lunchrooms, shut off. Yet what if, despite these precautions, ...

Your legacy: Charitable giving is vital during the COVID-19 crisis

The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed, during a time when food banks, disaster relief and other nonprofit services are needed most by the public, their funding ...

Capital Options for a post-Covid-19 World?

We will emerge from this crisis. Restaurants will reopen. The public is hungry for a return to normalcy and restaurant dining. Let’s discuss some options for reopening your restaurant. With the help of my partners, Chris Mumm and Matt ...

COVID-19 and Restaurants: How to Leverage Your Lawyers

Excerpted from the article in Restaurant Finance Monitor. See full article here. Obviously, these are tough times for the restaurant industry. It behooves restaurant owners to effectively use their advisors, particularly their accountants and lawyers. Your goal is twofold: ...

Latest legal developments in employment in response to COVID-19

Below we summarize several legal developments that affect many of our clients.  Please review them and contact any of the MMB attorneys with whom you have worked if you have questions and wish to discuss issues in greater detail. ...

COVID-19: Make sure critical planning documents are accessible

Monroe Moxness Berg’s highest priority is to serve our clients. That calling has always been at the forefront of what we do, and it has never been more so than during this challenging environment resulting from the Coronavirus (COVID – ...

WAIVERS FOR COVID-19 LIABILITY: ARE THEY A GOOD IDEA?

As businesses reopen and seek to restore operations to pre-COVID levels, we have received a number of questions concerning the use of liability waivers to reduce legal  risk related to COVID-19. The main concern is whether you should ask ...

Litigation in a Time of Pandemic

In recent weeks, we have received questions from clients regarding the effect of the novel coronavirus (“COVID-19”) on cases that are currently pending in the courts or disputes that might be headed toward litigation. The following is a brief ...

Are employers liable for COVID-19 illness in reopened workplaces?

As some businesses slowly begin to restart operations with skeleton crews, they must observe the CDC safe conduct rules, with employees wearing masks and gloves, and common areas, such as lunchrooms, shut off. Yet what if, despite these precautions, ...

Latest legal developments in employment in response to COVID-19

Below we summarize several legal developments that affect many of our clients.  Please review them and contact any of the MMB attorneys with whom you have worked if you have questions and wish to discuss issues in greater detail. ...

Because of COVID-19, college-aged children need a basic estate plan

It’s August, and that means it’s time to get ready to go back to school for many students. If your child recently graduated from high school and is heading to college in the next few weeks, besides assembling the ...

Your legacy: Charitable giving is vital during the COVID-19 crisis

The novel coronavirus (COVID-19) pandemic and the resulting economic fallout is dealing a crushing blow to charitable organizations. Indeed, during a time when food banks, disaster relief and other nonprofit services are needed most by the public, their funding ...

COVID-19: Make sure critical planning documents are accessible

Monroe Moxness Berg’s highest priority is to serve our clients. That calling has always been at the forefront of what we do, and it has never been more so than during this challenging environment resulting from the Coronavirus (COVID – ...

Matt Duffy and Pat Weller to Participate in a Webinar on Emerging Trends in Restaurant Real Estate

Matt Duffy and Pat Weller will be panelists in the upcoming Minnesota Real Estate Journal webinar “Current Issues and Trends Affecting the Restaurant Community.” They will be joined by restaurateur Brian Ingram (New Bohemia, Truck Park USA, Hope Breakfast ...

Rent obligations in commercial leases in the wake of COVID-19

Forced to close their businesses or severely restrict operations as a result of the COVID-19 outbreak, financially distressed tenants of commercial properties are taking a closer look at their leases to find any potential protection for nonpayment of rent. ...

Four groups to address when the end is near

Up to this point, many restaurants have been able to survive due to PPP funds, concessions from landlords, interest-only payments from banks and generous terms from suppliers. However, for many time has run out. It is always hard to ...

Dennis Monroe discusses uneven restaurant industry recovery in Restaurant Business podcast

In the current challenging business environment, some restaurants are struggling to survive while others are flourishing. How do we account for this dichotomy? MMB’s Dennis Monroe joins Jonathan Maze of Restaurant Business in “A Deeper Dive” podcast to discuss ...

What have restaurants learned: Part 2

The jury is still out as to what we’ve collectively learned from both the pandemic and the urban disruption as a response to George Floyd’s death while in police custody, but there are some things we can deduce from ...

What we have learned so far from COVID-19

“He who doesn’t understand history is deemed to repeat it.” And no one wants to repeat what we’ve all been through—and are still going through. So it’s not too early to reflect on what we have learned thus far ...

How Do I Come Up With the Money to Reopen My Restaurant?

This seems to be one of those constant questions out there, even though many multi-unit operators and independents have received funding from the Paycheck Protection Program (PPP). These programs were just a way to get employees back to work, ...

Finding opportunities in the midst of chaos

I know this may make me sound like the eternal optimist, but I do believe that there are some good opportunities for the restaurant industry during these difficult times. I’ll outline a few things that I think you should ...

Can I use my insurance coverage for COVID-19?

Question: Can I use my insurance coverage for COVID-19? During these uncertain times, the restaurant and foodservice landscape is evolving quickly, sometimes daily. So what does this mean for the losses incurred by these businesses and the prospect of ...

Capital Options for a post-Covid-19 World?

We will emerge from this crisis. Restaurants will reopen. The public is hungry for a return to normalcy and restaurant dining. Let’s discuss some options for reopening your restaurant. With the help of my partners, Chris Mumm and Matt ...

COVID-19 and Restaurants: How to Leverage Your Lawyers

Excerpted from the article in Restaurant Finance Monitor. See full article here. Obviously, these are tough times for the restaurant industry. It behooves restaurant owners to effectively use their advisors, particularly their accountants and lawyers. Your goal is twofold: ...

Dennis Monroe discusses uneven restaurant industry recovery in Restaurant Business podcast

In the current challenging business environment, some restaurants are struggling to survive while others are flourishing. How do we account for this dichotomy? MMB’s Dennis Monroe joins Jonathan Maze of Restaurant Business in “A Deeper Dive” podcast to discuss ...

What we have learned so far from COVID-19

“He who doesn’t understand history is deemed to repeat it.” And no one wants to repeat what we’ve all been through—and are still going through. So it’s not too early to reflect on what we have learned thus far ...

John Remakel to Speak in a Webinar on the Future of the Restaurant Industry

John Remakel will join a panel of experts in a webinar “What Is Going to Happen to My Favorite Restaurant?” presented by the Minnesota chapter of the Turnaround Management Association on June 18 at 12:00pm (CST). The panel will ...

Matt Duffy and Pat Weller to Participate in a Webinar on Emerging Trends in Restaurant Real Estate

Matt Duffy and Pat Weller will be panelists in the upcoming Minnesota Real Estate Journal webinar “Current Issues and Trends Affecting the Restaurant Community.” They will be joined by restaurateur Brian Ingram (New Bohemia, Truck Park USA, Hope Breakfast ...

How Do I Come Up With the Money to Reopen My Restaurant?

This seems to be one of those constant questions out there, even though many multi-unit operators and independents have received funding from the Paycheck Protection Program (PPP). These programs were just a way to get employees back to work, ...