16Dec
M&A Deals and PPP Loans: Unexpected Parties in Your Deal
The Payroll Protection Program has been a lifesaver to many businesses this year, but its quick roll out, and many generous features (including potential forgiveness) could tempt a borrower to treat the PPP as something less than a “real loan”. This, potentially, is a big mistake, as in the context of M&A transactions PPP restrictions, and the practical difficulties in working with those restrictions, have the potential to greatly slow or complicate a deal. This problem is acute for struggling...
By:
Farella Braun + Martel LLP
Related
As construction continues and resumes during the COVID-19 pandemic, unionized construction employers...
Read More >
In private equity secondary transactions, it is commonly assumed that UK stamp duty is not payable. ...
Read More >
On July 31, 2019, Illinois Governor J.B. Pritzker signed into law House Bill 834 (the “Bill”), whi...
Read More >
Even though we are in the early days of assessing the impact of the COVID-19 pandemic on mergers and...
Read More >
The past few days saw two major updates to the Massachusetts Paid Family and Medical Leave Act (PFML...
Read More >
Wildfires pose an increasingly serious threat to the public and environment in California. So it sho...
Read More >