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
In November 2019, the Pennsylvania Supreme Court looked at the conflict between federal and state la...
Read More >
In a 3-1 representation case, the National Labor Relations Board recently continued its roll-back on...
Read More >
In this episode of Trekking Through Compliance, we consider the episode The Immunity Syndrome which ...
Read More >
As the pandemic continues to change the economic landscape, financial services companies and investo...
Read More >
When I was a kid, I’d be passive-aggressive in the sense that I wouldn’t let people know how upset...
Read More >
A property owner generally has the right to control access to its property, including the rights to ...
Read More >