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Seyfarth Synopsis: At the beginning of 2020, industry pundits predicted only a moderate decline in auto sales for the year. Those "moderate decline" predictions took a sharp turn on Wednesday...

FINRA cautioned investors to be aware of scams perpetrated during the COVID-19 pandemic.

Literally tens of thousands of businesses received Paycheck Protection Program (PPP) loans under the CARES Act. The legislation was passed very quickly to avert a potential collapse of the...

In Notice 2020-39, issued on Thursday, June 4, 2020, the IRS made substantial accommodations to Qualified Opportunity Funds, and their sponsors and investors,...

The announcement last week by Freddie Mac, Fannie Mae and other agencies that they will provide mortgage loan forbearance arrangements for up to 6 months,...

In the face of these unprecedented and uncertain days of COVID-19, financially stressed borrowers are expected to take every measure available to them to keep their businesses afloat.

Late Wednesday, Congress passed the Paycheck Protection Program Flexibility Act (PPPFA), which has now been signed into law.

On March 15, 2022, the Health Resources & Services Administration (HRSA) announced that the Uninsured Program will stop accepting claims for COVID-19 testing and treatment...

Yesterday Governor Gavin Newsom turned to a familiar gambit from California's playbook to help tackle the budgetary hole wrought by COVID-19.

A global pandemic. A worldwide shortage of microchips. Vaccine mandates and testing requirements. Labor shortages and increased salary costs for employees who do show up to work.

On Monday, the Chairman of the Federal Communications Commission (FCC), Ajit Pai, circulated a plan to his fellow Commissioners detailing how the $200 million the agency will receive via the...

In response to the COVID-19 pandemic, the North America Securities Administrators Association (NASAA) put together a task force in April 2020.

This week, the Small Business Administration announced an online portal through which Paycheck Protection Program borrowers may seek loan forgiveness directly from the SBA.

Due to COVID-19 closures at the Internal Revenue Service (IRS), EIN applications that are submitted by telephone, ...

Philadelphia taxpayers whose property values have dropped due to COVID-19 will not receive property tax relief through planned reassessments.

On April 14, the Department of Education released another $3 billion under the Governor's Emergency Education Relief Fund component of the CARES Act.

The CARES Act does not expressly provide that companies in bankruptcy are ineligible to receive PPP loans; the CARES Act is, instead, silent on the issue.