17Oct
Strategies to Reduce the Impact of the New SBA Procedural Notice on the Rights of a Secured Lender
In the SBA Procedural Notice dated October 2, 2020 (the “Approval Notice”), the Small Business Administration (“SBA”) has issued mandates that may impact the ability of a recipient of a Paycheck Protection Program (“PPP”) loan to raise capital, to transfer ownership, to sell assets, or to liquidate. While the Approval Notice is strikingly broad in scope, there are ways of reducing, if not eliminating, its effect on these types of transactions....
By:
Miller Canfield
Source Url: https://www.jdsupra.com/legalnews/strategies-to-reduce-the-impact-of-the-98295/
Related
This week, the U.S. Department of Labor (“DOL”) unveiled the final version of its overtime exempti...
Read More >
Seyfarth Synopsis: New York City construction projects are set to resume, after Governor Cuomo’s s...
Read More >
In a straightforward case, but one with widespread applicability today, the 9th Circuit Court of App...
Read More >
July may seem like a sleepy summer month, but don’t forget — for many cities in California it is t...
Read More >
Maryland has just joined a growing number of states and local jurisdictions — including Baltimore, ...
Read More >
In Kim v. Reins International California, Inc. 18 Cal.App.5th 1052 (2017), the California Court of A...
Read More >