X
26Aug

Mergers and Acquisitions with PPP or EIDL Borrowers: Considerations for Buyers, Sellers, and Lenders

Williams Mullen | | Return|
By now, most small business owners and their lenders are acutely aware of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted to provide emergency assistance and health care response for individuals and businesses impacted by the COVID-19 pandemic. Among its many provisions, the CARES Act established the Paycheck Protection Program (PPP) to be administered by the U.S. Small Business Administration (SBA), and modified SBA’s pre-existing Economic Injury Disaster Loan (EIDL)...
By: Williams Mullen
Source Url: https://www.jdsupra.com/legalnews/mergers-and-acquisitions-with-ppp-or-28041/

Related

COVID-19: Following the paths of Spain, and soon Germany, the French Government Further Strengthens Foreign Investments Control

The French Foreign Investments Control regime has recently been reinforced following a reform introd...

Read More >

New California Law Mandates Enhanced Lactation Accommodations And Significant New Penalties For Employer Non-Compliance

A new California law, Senate Bill 142 (“SB 142”), effective January 1, 2020, expands on existing L...

Read More >

Employer’s Good Deed Goes Unpunished—Reliable Attendance Is Essential Function Despite Prior Accommodation Of Employee’s Absences

While it’s true that acts of generosity sometimes backfire on those who offer them, the Court’s ru...

Read More >

SBA Provides Guidance To PPP Loan Borrowers Engaging in M&A Transactions

The Paycheck Protection Program (“PPP”) created under the CARES Act has provided much needed econo...

Read More >

Developers Beware – Restrictive Covenants Update

Executive summary - This is the first time that the Supreme Court has had to decide an appeal relati...

Read More >

5 Best Practices for Managing Whistleblower Expectations & Experiences

Imagine the courage it must take to blow the whistle on unethical activity at your job. Whistleblowe...

Read More >