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Restaurants and bars, among the businesses hit hardest by the COVID-19 pandemic, will soon be able to apply for a new tax-free grant program enacted as part of the recently enacted ...

The U.S. House of Representatives and U.S. Senate have passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, which modifies the Paycheck Protection Program implemented as part of the CARES Act.

In response to the COVID-19 crisis, the federal government has launched a number of emergency financing facilities, including programs authorized by the CARES Act and new programs established by the

By update to their Frequently Asked Questions, on May 14, 2020, the US Treasury added a new question 47, which extended the "safe harbor" repayment date for PPP loans from May 14 until May 18, 2020.

On March 22, federal banking regulators, including the board of governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC)

On 27 April 2020, the UK Prudential Regulation Authority ("PRA") published a statement (the "statement") on whether the guarantees provided by the UK Government (through the British Business Bank)

Yesterday, the IRS announced a series of actions to assist taxpayers facing the challenges of COVID-19 issues, ranging from postponing certain payment deadlines to limiting certain enforcement actions

Following the enactment of the Paycheck Protection Program Flexibility Act of 2020, the Internal Revenue Service (IRS)

Earlier today, Massachusetts Attorney General Maura Healey announced emergency regulations temporarily restricting debt collection practices during the COVID-19 crisis.

A key aspect of the CARES Act relief package is the now-well-known Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA).

This week President Biden signed into law bipartisan legislation that extends the Paycheck Protection Program (PPP) loan application deadline from March 31 to May 31.

Leonard Johnson, shareholder in the firm's Finance and Real Estate groups, is quoted in the Washington Business Journal article, "SBA's PPP loan forgiveness application leaves unanswered questions."

A key feature of the CARES Act $2 trillion relief package is the creation of the Paycheck Protection Program (PPP), which authorizes $349 billion for businesses to obtain loans of up to $10 million...

In this episode, the Fenwick team addresses complex issues facing public company boards and compensation committees as companies adapt to the economic impact of COVID-19,...

On March 22, 2020, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the "Agencies")

FINRA issued new COVID-19-related guidance (see here and here) on (i) fixed income mark-up disclosures and (ii) the payment of Funding Portal Gross Income Assessments ("FPGIAs").

In a Q&A published this morning, the Small Business Administration (SBA) made some significant clarifications concerning the certification every PPP Borrower is required to make that "[c]urrent...