13Oct
The PPP Meets M&A: Pitfalls For The Unwary Borrower and Lender
The Small Business Administration (SBA) issued a Procedural Notice on October 2, 2020, detailing required procedures impacting Paycheck Protection Program (PPP) borrowers and lenders if: (i) twenty percent or more of the common stock or other ownership interest of the PPP borrower (an Equity Interest), including a publicly-traded entity, is sold or otherwise transferred, whether in one or more transactions since the date that the PPP loan was approved......
By:
Gray Reed
Related
A unit clarification petition filed by the fledgling International Brotherhood of Professional Runni...
Read More >
The Health Insurance Portability and Accountability Act (“HIPAA”) was created for one specific rea...
Read More >
The shelter-in-place orders during the COVID-19 pandemic have altered the way we work, play, and int...
Read More >
Under Pennsylvania’s Medical Marijuana Act (“MMA”), 35 Pa. C.S.A. §10231.101, et seq., individual...
Read More >
The Departments of Labor, Health and Human Services and Treasury (the “Agencies”) recently release...
Read More >
In today’s edition of Daily Compliance News: • House report blasts both Boeing and FAA. (NYT) • G...
Read More >