Landlords and Tenants in Texas: How Do Coronavirus Emergency Orders Impact My Rent?

Rent is generally due at the first of the month. Many landlords are undoubtedly concerned that their clients will not pay rent this month and for good reason. The country has unprecedented numbers of unemployed individuals, and many businesses are closed, from restaurants and bars to after-school programs and malls. Government programs have been enacted, but the money from those programs will take at least a few weeks to be paid to individual and commercial tenants. Dallas-based lawyer, David Ritter, explains what this means for landlords and tenants in Texas. 

Ritter Spencer, PLLCLandlords and Tenants in Texas: How Do Coronavirus Emergency Orders Impact My Rent?
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What Your Small Business Needs to Know About the Paycheck Protection Program

Many small businesses are asking about the Paycheck Protection Program, which is a large part of the Coronavirus Aid, Relief and Economic Security Act, or the CARES Act, passed by Congress and signed by the President on March 27, 2020. The Paycheck Protection Program will provide loan assistance to small businesses and is designed similar to a grant program to be paid by the government to keep small businesses operating. The Paycheck Protection Program is essentially free money for small businesses to use to stay afloat and prevent mass layoffs as a result of the COVID-19 pandemic. 

Ritter Spencer, PLLCWhat Your Small Business Needs to Know About the Paycheck Protection Program
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New Small Business Reorganization Benefits

As we wade through the tumultuous fallout and turmoil from the coronavirus, small businesses face seemingly insurmountable economic burdens. Commercial bankruptcy attorney, David Ritter, explains what the Small Business Reorganization Act of 2019 entails and how it can benefit small businesses in this time of crisis.

Ritter Spencer, PLLCNew Small Business Reorganization Benefits
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Marijuana Versus Hemp: Keeping Legalities Straight

As the legalization of cannabis and cannabis-related products continues to make progress, keeping legalities straight can be challenging. The rise of the cannabidiol (CBD) industry has also led to an abundance of misinformation online and in the media, making it harder for the average consumer to find the right answers to their questions. But cannabis, hemp, hemp derivatives, CBD, and marijuana continue to gain popularity, and it is important to fully understand what is legal and what is not. Below, we have put together a comparison between the legalities of marijuana and the legalities of hemp as a thorough examination and differentiation. 

Ritter Spencer, PLLCMarijuana Versus Hemp: Keeping Legalities Straight
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How to Avoid Bankruptcy: Restructuring and Reorganizing Your Business

Debts build up, cash flow changes, economies rise and fall, and uncertainties increase, and entrepreneurs and business owners may need to reevaluate their financial standing accordingly. However, running into financial trouble does not necessarily mean that a company needs to close shop and declare bankruptcy. Restructuring and reorganization strategies developed by an experienced commercial bankruptcy attorney give business owners more flexibility in finding a solution with their creditors rather than declaring bankruptcy.

Ritter Spencer, PLLCHow to Avoid Bankruptcy: Restructuring and Reorganizing Your Business
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What an Economic Downturn Can Mean for Small Businesses

We are in an unprecedented global situation as COVID-19 makes an impact in every industry across the country and around the globe. The economic consequences of nationwide quarantines, business closings, and other measures to control the spread of this virus will not be fully understood for many months. However, it is clear that the impact of the coronavirus and the market trends that preceded this outbreak will affect the economy and result in an economic downturn and change in federal laws. It is essential that business owners understand the potential consequences of an economic downturn and work with a commercial bankruptcy attorney up to date in federal law to effectively prepare their companies.

Ritter Spencer, PLLCWhat an Economic Downturn Can Mean for Small Businesses
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Chelsie Spencer Selected as Super Lawyers Rising Star of 2020

We are pleased to announce that attorney Chelsie Spencer has been selected by Thomson Reuters as a Super Lawyers Rising Star of 2020. 

Super Lawyers is a rating service for exceptional lawyers that covers over 70 areas of practice. Only 2.5% of lawyers in each state are selected as Rising Stars by Super Lawyers. These lawyers are selected based on independent research, peer nominations, and peer evaluations. 

Ritter Spencer, PLLCChelsie Spencer Selected as Super Lawyers Rising Star of 2020
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David Ritter Featured in The Deal on the Restructuring of Cannabis Businesses Facing Bankruptcy

As the legality of cannabis products becomes more complex with differing state and federal regulations, the experts at Ritter Spencer PLLC are able to provide insight and guidance on reorganization and bankruptcy proceedings for cannabis companies. David Ritter is thrilled to share his expertise in cannabis law in an exclusive article on The Deal discussing the challenges faced by cannabis companies considering bankruptcy. This article highlights the complicated landscape of cannabis under federal and state laws, which is especially important as businesses in this industry attempt to restructure or file for bankruptcy.

Ritter Spencer, PLLCDavid Ritter Featured in The Deal on the Restructuring of Cannabis Businesses Facing Bankruptcy
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CBD Insurance: What You Should Know

Cannabidiol (CBD) is one of the most popular and marketable cannabinoids derived from the hemp plant today. The CBD industry is considered a high-risk industry, as the FDA has yet to provide a regulatory pathway for the inclusion of CBD into foods, beverages, cosmetics, and supplements, and CBD companies remain subject to a hodge-podge of varying state laws. As legal hemp and cannabis markets continue to boom, it is imperative that hemp business owners understand the importance of CBD insurance. Without the guidance of well-versed hemp lawyers and adequate CBD insurance coverage, CBD businesses may face liabilities, including consumer lawsuits. Below, we assess certain issues that present inherent risk in the CBD industry and discuss coverage issues and CBD insurance policy types. 

Ritter Spencer, PLLCCBD Insurance: What You Should Know
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Six Problems With the Revised TDA Hemp Production Plan

Our hemp attorneys recently sat down to identify six issues with the Texas Department of Agriculture’s (“TDA”) Revised Proposed Rules for Texas’ hemp program. If you are a hemp industry business, it is not too late to submit your comments directly to TDA. Comments on the Revised TDA Hemp Production Plan may be submitted HERE.

“GOOD STANDING” WITH THE TDA

As criteria for evaluation of an applicant for a hemp license, the Revised Proposed Rules require that an applicant “be in good standing with TDA.” What exactly does this mean?

Ritter Spencer, PLLCSix Problems With the Revised TDA Hemp Production Plan
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