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
The District of Columbia Department of Employment Services (“DOES”) recently released a Paid Famil...
Read More >
Within the past few weeks, Governor Andrew Cuomo signed several pieces of legislation expanding the ...
Read More >
On June 11, 2019, Gov. Gretchen Whitmer enacted a significant new Michigan mini tort law change when...
Read More >
Suppose a property owner hires a general contractor for a time-sensitive project. The general contr...
Read More >
Senior negotiators from the U.S. and China will officially resume trade negotiations today, “with h...
Read More >
On July 15, 2019, the Uniform Interstate Depositions and Discovery Act (the “Uniform Act”) was ena...
Read More >