15Oct
Buyers’ obligation to assume PPP debt hinges on need for SBA approval
The Small Business Administration recently published a procedural notice on changes of ownership for PPP borrowers. One specific area where we’ve seen confusion is whether the procedural notice requires a buyer to assume all of the PPP borrower’s obligations in an asset sale transaction....
By:
Bryan Cave Leighton Paisner
Source Url: https://www.jdsupra.com/legalnews/buyers-obligation-to-assume-ppp-debt-71085/
Related
With data breaches becoming a common event throughout the world, the Internal Revenue Service (“IRS...
Read More >
Part 2 in a PublicCEO Series - Previously, we discussed local governments’ response to the novel c...
Read More >
The Ballard Spahr Zoning and Land Use Team is continuing to monitor all aspects of the City of Phila...
Read More >
The long-awaited application of the European Union (EU) Regulation on a framework for the screening ...
Read More >
In an interesting SEC FCPA settlement action, Sridhar Thiruvengadam, the former COO of Cognizant Tec...
Read More >
Only the most notable legislation is addressed in this blog as it would otherwise be entirely too lo...
Read More >