Supreme Court rules CFPB structure unconstitutional; RLG corporate attorney Shruti Gurudanti comments

By Mike Albanese | DS News The Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, but it can keep operating under new rules. “The CFPB’s single-Director configuration is also incompatible with the structure of the Constitution, which—with the sole exception of the Presidency—scrupulously avoids concentrating power in the hands of any single …

COVID Employment Job Training

By Rose Law Group Attorney Shruti Gurudanti and Rose Law Group Law Clerk Christina Ribble Crisis after crises, but Arizona is rapidly evolving to meet the moment. Now, in response to the economic consequences of the COVID-19 outbreak, Arizona created a financial program designed to support employers and help rebuild and energize the State’s economy. The Rapid Employment Job Training Grant will provide support …

Some small businesses that got aid fear the rules too much to spend it; parameters ‘unclear,’ says RLG corporate attorney Shruti Gurudanti

Twitter By Stacy Cowley, Emily Flitter and David Enrich | New York Times When a $192,000 loan from the federal government’s small-business aid program arrived in his bank account last month, George Evageliou, the founder of a custom woodworking company, felt like one of the lucky ones. Under the program’s rules, Mr. Evageliou has eight weeks from the day he received the …

Banks warn of chaotic launch of small business lending program; RLG corporate attorney Shruti Gurudanti poses critical questions

By Zachary Warmbrodt | Politico Banks are warning that a $350 billion lending program for struggling small businesses won’t be ready when it launches Friday because the Trump administration has failed to provide them with the necessary guidelines and set requirements for the loans that are unworkable. The lenders complain that Treasury Secretary Steven Mnuchin boxed them in with an …

Keys to navigating SBA help, landlord-tenant challenges during COVID-19

By Mike Sunnucks | Rose Law Group Reporter Rose Law Group hosted a virtual round table yesterday aimed at helping businesses, landlords and tenants navigate the Care Act economic stimulus bill and other ways for businesses to survive the COVID-19 pandemic. “Our goal is to save all of our clients businesses,” said Rose Law Group Founder and President Jordan Rose. You can check …

[COLUMN] Expanding nuisance law unfairly targets businesses; but don’t panic, says Rose Law Group corporate attorney Shruti Gurudanti

By Virginia Harker | Chamber Business News Cities and counties suing oil and gas manufacturers over climate change. School districts taking an e-cigarette producer to court, claiming it is marketing to minors. Governments suing drugmakers because of overdose deaths. These are examples of a new generation of class action suits that are benefiting trial attorneys to the tune of hundreds …

I’m selling my business. How do I value it?

By Rose Law Group Corporate Attorney Shruti Gurudanti for Rose Law Group Reporter You’ve operated your widget manufacturing business for over a decade and now you’re considering selling it and possibly moving to Honolulu to enjoy your hard-earned money. But then comes the million-dollar question: what is the business worth? Unfortunately, there isn’t one golden formula to determine the value of a business. There …

U.S. Chamber to push for 500,000 new startups in 2020; Less regulation in Arizona, notes Rose Law Group Corporate Attorney Shruti Gurudanti

Arizona haven for startups By Victoria Harker | Chamber Business News The CEO of the largest business advocacy group in America, the United States Chamber of Commerce, outlined a plan to spur half a million new startups and hundreds of new initial public offerings in 2020 at his annual State of Business Address in Washington, D.C. last week. “If we …

Rose Law Group attorney Shruti Gurudanti’s startup among 27 finalists for Venture Madness

By Sanjana Garg | Phoenix Business Journal Valley startups were heavily represented in Invest Southwest‘s announcement of the 27 finalists for the 2020 Venture Madness contest. The event, where each company will have the chance to pitch ideas for a chance to win four $15,000 cash prizes, saw 19 of the companies recognized hailing from Valley cities while another five were …