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The U.S. Department of the Treasury recently issued additional guidance in the form of Frequently Asked Questions ("FAQ") for businesses that have received or are still seeking PPP loans.

We are hesitant to predict anything in the world of COVID stimulus, not only because of the uncertainty that surrounds the politics of COVID, but also because we don't want to jinx the process.

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 ("ARP") into law. At a high level, the ARP is designed to be another round of major stimulus for the American economy.

Residential mortgage loan servicers, trade associations and various members of Congress have been urging the Department of Treasury and the Federal Reserve Board to provide a dedicated servicing advance facility.

The third quarter of 2020 highlighted the resilience of the private financing environment during the COVID-19 pandemic.

The 2017 Tax Cuts and Jobs Act introduced a new Section 163(j) limitation on deducting business interest expense (our prior discussion of this tax law change can be found here). Specifically, businesses...

Here at Mayer Brown in Northern California, we get no kick from (virtual) champagne. And it's hard to capture the flourish of clinking glasses online in the WFH environment.

The practical applications for utility tariff bonds (UTBs) continues to expand.

On April 23, 2020, the Small Business Administration ("SBA") issued additional guidance (in an update to its previously published FAQs, a current version of which can be found here) regarding whether businesses...

The Small Business Administration recently announced that Paycheck Protection Program ("PPP") loan borrowers will no longer need to submit a Loan Necessity Questionnaire as part of their forgiveness application.

On June 17, 2020, the US Department of the Treasury (Treasury Department) and the Small Business Administration (SBA) announced the release of (i) a revised Paycheck Protection Program PPP...

On Friday, June 5th, the President signed into law the Paycheck Protection Program Flexibility Act of 2020 (the Amendment) which amends certain elements of the Paycheck Protection Program, the $660 billion program created under the ...

Like our clients, Holland & Knight's Financial Services Industry Group is committed to actively contributing to our nation's response to the coronavirus (COVID-19) pandemic and related...

Like our clients, Holland & Knight's Financial Services Industry Group is committed to actively contributing to our nation's response to the coronavirus (COVID-19)

One of the most significant provisions of the American Rescue Plan was the establishment of the $350 billion Coronavirus State and Local Fiscal Recovery Funds (SLFRF or Fiscal Recovery Funds).

On April 23, 2020, the Small Business Administration ("SBA") issued additional guidance (in an update to its previously published FAQs, a current version of which can be found here) regarding whether businesses owned ...

The staff of the Division of Investment Management ("Division") of the US Securities and Exchange Commission ("SEC") has published "FAQs" regarding relief for funds and advisers affected by...