As a result of COVID-19 and the federal, state and local governments’ unprecedented actions, founders and their crisis management teams across the country are facing “save the company” decisions and actions every day. NEXT has developed a series of Fixed Price Legal Crisis Mitigation Packages to help founders manage and mitigate the impact of this crisis. |
- WORKFORCE GUIDANCE AND SEPARATION PACKAGES: EMPLOYEES AND CONSULTANTS – NEXT provides senior-level counsel for a candid assessment of your workforce and, when appropriate, guidance in determining the best means to terminate existing relationships
- SBA EMERGENCY LOAN PRODUCT APPLICATION PACKAGES – NEXT provides senior-level counsel for a candid assessment of the best emergency loan packages available to you (including SBA loan eligibility for venture-backed companies) and assists with your application process.
- DOWN-ROUND FINANCING ASSESSMENT AND STRATEGY PACKAGES – NEXT provides senior-level counsel for a candid analysis and assessment of the impact of a down-round on your full capital stack, along with all approvals required for, and investor rights triggered by, such down-round.
INSURANCE COVERAGE REVIEW AND ANALYSIS PACKAGES: BUSINESS INTERRUPTION AND OTHER LOSSES – NEXT is fielding questions regarding available insurance coverage and providing review and analysis of your insurance coverage with regard to business income, business interruption losses, claims and litigation if necessary.
Contact info: Meredith S. Campbell Chair, Employment and Labor Group, Shulman Rogers mcampbell@shulmanrogers.com |T 301.255.0550 | F 301.230.2891