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
December 2019 brought significant changes to the National Labor Relations Board (NLRB) case law and ...
Read More >
In Logan v. MGM Grand Detroit Casino, released September 25, 2019, the United States Court of Appeal...
Read More >
Upsetting what many considered settled precedent, a California Court of Appeal has held that a manda...
Read More >
Pillsbury continues to track the impact on construction projects of COVID-19-related orders and guid...
Read More >
The state of New Jersey kicked off 2020 with a number of new employment laws focused on independent ...
Read More >
As I’m sure you heard, the Internal Revenue Service released their 2020 Cost of Limit Adjustment li...
Read More >