X
20Oct

Are you selling your business or merging? … Not so fast, if you are a PPP borrower.

Although the U.S. Small Business Administration (“SBA”) has started its program to forgive loans made to businesses under the Paycheck Protection Program (“PPP”), PPP borrowers and their lenders are cautioned to comply with a recently issued procedural notice relating to a change of ownership of a PPP borrower....
By: Farrell Fritz, P.C.
Source Url: https://www.jdsupra.com/legalnews/are-you-selling-your-business-or-55118/

Related

New Jersey Formally Amends The New Jersey Law Against Discrimination To Include Hairstyle Discrimination As A Form Of Illegal Race Discrimination

Seyfarth Synopsis: New Jersey Has Joined California and New York as the Third State to Formally Amen...

Read More >

New HRA Regulations Part 5 – More on the Employer Shared Responsibility Mandate

On September 30th, the IRS issued proposed regulations that establish safe harbors for compliance wi...

Read More >

Blog: Highlights from Cooley’s M&A Dealmakers Roundtable: SPACs!

On September 24, Cooley M&A partner, Garth Osterman, moderated a webinar on the current trend in goi...

Read More >

FCA Confirms that an Inducement is Taxable as a Restrictive Covenant Payment

Pangaea One Acquisition Holdings XII S.À.R.L. v. The Queen, 2020 FCA 21 - The Federal Court of App...

Read More >

Spain to tax acquisitions of shares of major Spanish listed companies

The Spanish Official Gazette published last October 16th legislation enacting a new indirect Tax on ...

Read More >

[Video] Daily Compliance News: September 17, 2019- the Tax Returns edition

In today’s edition of Daily Compliance News: 1. What is risk? (Lesson #365,333) (NYT) 2. Internal ...

Read More >