07Oct
PPP: SBA Provides Process for a Change of Ownership
On October 2, 2020, the SBA provided notice to PPP lenders regarding the process by which PPP borrowers may undertake a “change of ownership” while a loan is outstanding. Previously there was little guidance provided to lenders, resulting in inconsistent treatment of borrowers that were targets in M&A transactions, with some borrowers informed that they…...
By:
Nutter McClennen & Fish LLP
Related
Beginning January 1, 2020, agreements to settle employment disputes may no longer contain “no rehir...
Read More >
On February 26, 2020, the National Labor Relations Board issued a final rule governing joint-employe...
Read More >
Just as no human being is naturally immune to the COVID-19 virus, no industry is immune to its econo...
Read More >
The Tax Cuts and Jobs Act of 2017 created a lucrative new tax incentive for certain business owners:...
Read More >
Employers should continue to exercise caution and care in drafting their criminal record screening p...
Read More >
Contributing employers to multiemployer pension plans (“MEPPs”) are commonly surprised that their ...
Read More >