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Article
Relief For Commercial Real Estate Investors And Tenants Impacted By COVID-19
The Federal Housing Finance Agency (FHFA) took action on March 23, 2020, to address the impacts felt by some commercial real estate investors from the COVID-19 crisis.
United StatesCoronavirus (COVID-19)
Holland & Knight
Article
SBA Enhancements To COVID-19 EIDL Program
On Sept. 9, 2021, Administrator Isabella Casillas Guzman of the U.S. Small Business Administration (SBA) announced the following significant enhancements to the COVID-19 Economic Injury Disaster Loan (EIDL) program.
United StatesCoronavirus (COVID-19)
Taft, Stettinius & Hollister LLP

SBA Part Twenty-Five: Thumbs Up, Thumbs Down – SBA Releases Revised Owner-Employee Compensation Rule And New Related Entity Rent Rule

The eight-week covered period has no differentiation between owner-employees and employees regarding a compensation cap of $15,385.

United StatesCoronavirus (COVID-19)

Taft, Stettinius & Hollister LLP

Senate Bill Introduced To Limit Collection Of Medical Bills During COVID-19 Pandemic

On February 22, Senator Chris Van Hollen (D-MD) introduced Senate Bill S. 355, which is intended to prevent health care providers and their agents from taking "extraordinary collection actions"...

United StatesCoronavirus (COVID-19)

Troutman Pepper Locke LLP

Virtual Board Meetings And Remote Work—Managing Unintended Tax Risks

In a recent Bloomberg Tax article, tax partner and tax controversy group co-founder Kat Gregor, tax partner Andy Howard, tax controversy associate Ellen Gilley and tax

United StatesCoronavirus (COVID-19)

Ropes & Gray LLP

Warning Paycheck Protection Program Lenders! Limitations On Permissible Loan Applicants Lead To Class Action Lawsuits

n an effort to manage the huge volume of loan applications being received under the Paycheck Protection Program ("PPP") created under the Coronavirus Aid, Relief, and Economic Security Act, H.R. 748 ("CARES Act").

United StatesCoronavirus (COVID-19)

Kane Russell Coleman Logan PC

Business Lender Settles SEC Charges In Connection With The Securitization Of A Revolving Pool

A merchant cash advance company ("MCA") settled SEC charges for misleading investors in the securitization of a revolving pool of outstanding business loans.

United StatesCorporate/Commercial Law

Hogan Lovells Cadwalader

Money For Nothin' (If You're Eligible): A Pandemic Response That ‘Cares'

By now we have all probably heard that the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, which seeks to pump an estimated $2 trillion into the economy, was signed into law on March 27, 2020.

United StatesEmployment and HR

Lewis Brisbois Bisgaard & Smith LLP

CFTC Grants No-Action Relief To FCMs And IBs Concerning Treatment Of Covered Loans Under The PPP

The CFTC provided such relief to FCMs and IBs that are - among other conditions - registered with both the SEC and CFTC.

United StatesFinance and Banking

Hogan Lovells Cadwalader

COVID-19 Response: Federal Regulators Issue Pandemic Preparation Guidance to Banks

The original guidance dates from 2007 and requires that all banks have a BCP.

United StatesFinance and Banking

Lewis Brisbois Bisgaard & Smith LLP

In Response To COVID-19 NFA Issues Guidance Regarding Application Of Branch Office Requirements To Remote APs; CFTC Relief Expected

On March 13, 2020, the National Futures Association ("NFA") issued a notice to members that addressed concerns raised by members regarding the application of the NFA's branch office...

United StatesFinance and Banking

Ropes & Gray LLP

Main Street Lending Program Update 07/06/20: Boston Fed Announces Main Street Lending Program Is Fully Operational, Open For Purchases Of 95% Participations In Main Street Program Loans

The Federal Reserve Bank of Boston on Monday, announced on July 6, 2020 that the Main Street Lending Program (MSLP) is now fully operational and ready...

United StatesFinance and Banking

Smith Gambrell & Russell

Paycheck Protection Program Flexibility Act Of 2020

On the evening of June 3, 2020, the Senate passed the Paycheck Protection Program Flexibility Act of 2020.

United StatesFinance and Banking

SBA Offering Loans To Small Businesses Impacted By COVID-19

The U.S. Small Business Administration (SBA) is offering low-interest working capital loans of up to $2 million to small businesses who have been substantially impacted by COVID-19

United StatesFinance and Banking

Reinhart, Boerner, Van Deuren SC

Treasury Secretary And FRB Chair Testify On Pandemic Relief Efforts

CARES Act Oversight of the Treasury and Federal Reserve - Supporting an Equitable Pandemic Recovery...

United StatesFinance and Banking

Hogan Lovells Cadwalader

Expect Scrutiny From BSA/AML Regulators On Reporting Ponzi Schemes, Other External Frauds

A less obvious but inevitable consequence of the economic downturn and decline in the markets associated with the COVID-19 outbreak is the unraveling of an increased number of Ponzi schemes and other...

United StatesGovernment, Public Sector

Holland & Knight

An About-Face On PPP Deductibility

he CARES Act excludes the amount of any such loan forgiveness from the borrower's taxable income.

United StatesTax

Hogan Lovells Cadwalader

Coronavirus Relief Payments Are Not Subject To Washington State Tax

Since our original Washington state legal update related to businesses receiving financial relief under the CARES Act, including but not limited to the federal paycheck protection program (PPP)...

United StatesTax

Ballard Spahr LLP

IRS Clarifies Nondeductibility Of PPP Expenses

The CARES Act established the PPP to help small businesses pay payroll costs and other eligible expenses during the COVID-19 emergency.

United StatesTax

Hogan Lovells Cadwalader

Facing A Default? What To Know About Entering Into A Forbearance Agreement

Businesses across the country are already feeling the impact of the coronavirus, and with many communities already implementing quarantines and lockdowns...

United StatesCoronavirus (COVID-19)

Reinhart, Boerner, Van Deuren SC

Showing 261–280 of 1469 results

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