15Oct
Four Things You May Have Missed about the PPP Change of Ownership Notice
As previously discussed, on October 2, 2020, the SBA published Procedural Notice 5000-20057 addressing Paycheck Protection Program Loans and Changes of Ownership. Based on a review of memos on the subject by other law firms and accounting firms, four items stood out as not being regularly addressed (in addition to some expressing the mistaken belief that buyers have to assume the PPP loan in any asset transaction)....
By:
Bryan Cave Leighton Paisner
Related
On August 29, 2019, the California Supreme Court held in OTO, L.L.C. v. Kho, S244630, that a mandato...
Read More >
On July 3, 2020, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commi...
Read More >
Among the new models are “supergroups,” involving combinations of physicians, dentists, vision-car...
Read More >
What does Victoria’s Secret reveal about the perilous nature of doing deals in a pandemic? In two w...
Read More >
My favorite law school professor, Bernie Corr once said in hi advanced bankruptcy class that the rea...
Read More >
We are delighted to announce the launch of the second edition of our Private Equity Trends Monitor, ...
Read More >