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
On April 15, 2020, an order from the U.S. District Court for the District of Montana vacated a key g...
Read More >
Synopsis: Two Courts of Appeal reach opposite results on ERISA preemption, thus continuing the judic...
Read More >
Governor DeWine continues to permit work on construction projects in Ohio to proceed. In proceeding,...
Read More >
Pursuant to its update issued March 31, 2020, the Commonwealth has revised the “COVID-19 Essential ...
Read More >
As the United States economy continues to grapple with the unprecedented impact of the coronavirus p...
Read More >
The Second Circuit recently held that an employer did not violate the Americans with Disabilities Ac...
Read More >