14Oct
New Guidance on PPP Loans in M&A
The Paycheck Protection Program (the “PPP”) created under the CARES Act has provided much needed assistance to millions of businesses and other organizations operating in the United States that have been impacted by the COVID-19 pandemic. This program continues to evolve with the latest development addressing situations in which a PPP borrower is participating in a change of control, merger or an acquisition transaction....
By:
Dorsey & Whitney LLP
Source Url: https://www.jdsupra.com/legalnews/new-guidance-on-ppp-loans-in-m-a-35727/
Related
In a 2019 survey Littler conducted of over 1,300 in-house counsel, HR professionals and C-suite exec...
Read More >
A year after Akorn v. Fresenius (Akorn case), the first Delaware case holding that a party was entit...
Read More >
On September 24, 2019, the U.S. Department of Labor (DOL) unveiled the final version of its new over...
Read More >
On January 13, 2020, the Committee on Foreign Investment in the United States (CFIUS) issued final r...
Read More >
There is an old joke that a camel is a horse that has been designed by a committee. We all know that...
Read More >
Entrepreneurs' relief (ER) provides for a lower rate of capital gains tax (10 percent) to be paid wh...
Read More >