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
Earlier this summer, Plenary Properties Merced completed construction on the well-known UC Merced 20...
Read More >
We are delighted to announce the launch of the second edition of our Private Equity Trends Monitor, ...
Read More >
Construction contracts often include a “no damage for delay” clause that denies a contractor the r...
Read More >
On November 30, 2020, the State Water Resources Control Board (State Water Board) staff issued a pre...
Read More >
A bifurcated benefit option allows participants to receive a portion of their benefit as a lump sum ...
Read More >
The top three stories in National Labor Relations Board (NLRB) news in recent weeks include (1) a de...
Read More >