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
On October 9, 2019, the Second Appellate District of the California Court of Appeal issued a decisio...
Read More >
In yet another development in the closely watched case of Rizo v. Yovino, the en banc Ninth Circuit ...
Read More >
Employers in Kansas City, Missouri, are now prohibited from asking applicants about their prior sala...
Read More >
Back for 2020! NOTE FROM ROBIN: For the past two years, Employment & Labor Insider has been honored...
Read More >
What do you do when a key employee leaves and you believe he/she has taken your company’s trade sec...
Read More >
For the first time in 60 years, the U.S. Department of Labor updated the Fair Labor Standard Act’s ...
Read More >