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
Effective April 1, 2019, New York City employers with at least 15 employees (including interns and i...
Read More >
The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) requires parties to transactions meet...
Read More >
Immigration and Customs Enforcement (ICE) confirmed in a news conference this week that it served mo...
Read More >
California employers just received a last-minute reprieve from complying with a newly enacted law th...
Read More >
The Federal Ministry for Economic Affairs and Energy continues to tighten FDI control, but the inves...
Read More >
Primary HSR filing threshold will be raised to $94 million - The Federal Trade Commission has anno...
Read More >