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
These days, companies conducting background checks on job applicants have a lot to think about. Most...
Read More >
In the final hours of their 2019 legislative session, New York State lawmakers unanimously passed om...
Read More >
2018 saw the enactment of important changes to CASPA, a Pennsylvania law that helps contractors and ...
Read More >
The U.S. Department of Labor unveiled its final revisions to the Fair Labor Standards Act (“FLSA”)...
Read More >
The U.S. Securities and Exchange Commission (SEC) proposed a new exemptive order on Wednesday, Octob...
Read More >
Earlier in 2019, the European Parliament adopted a new EU Whistleblower Directive. To better unders...
Read More >