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  • Article

    Market Participants Request Expansion Of TALF 2.0

    On March 23, 2020, the Federal Reserve Bank of New York ("FRBNY") established the Term Asset-Backed Securities Loan Facility ("TALF 2.0 Program") ...
    United StatesFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    New PPP Interim Final Rule Addresses Loan Forgiveness Requirements

    A new Interim Final Rule (IFR) from the U.S. Small Business Administration (SBA) provides that certain owner-employees with less than a 5 percent ownership stake...
    United StatesFinance and Banking
    Holland & Knight
    Holland & Knight
Article

Update On The Paycheck Protection Program Liquidity Facility

On Thursday April 30, 2020, the Board of Governors of the Federal Reserve Board released a new revised term sheet for the Paycheck Protection Program Liquidity Facility ("PPPLF").
United StatesFinance and Banking
Sheppard
Sheppard
  • Article

    Courts: A Foreclosure Pandemic Pause? (Part 3)

    Since the start of the COVID-19 pandemic, borrowers and lenders alike have sought clarity regarding the permissibility of UCC foreclosure sales in the midst of the ongoing pandemic and the resulting economic fallout.
    United StatesReal Estate and Construction
    Morrison Foerster
    Morrison Foerster
  • Article

    Southwestern States COVID-19 Tax Relief Update: States Beginning To Provide Advice On Income Tax Conformity To Provisions In The CARES ACT

    The following summarizes the latest news in the Southwest relating to state tax and the COVID-19 pandemic.
    United StatesTax
    Lewis Roca
    Lewis Roca
  • Article

    Major Italian News Agency Uses Blockchain-Based Label To Verify The Origin Of Its Articles

    The leading Italian news agency, Agenzia Nazionale Stampa Associata (ANSA), which represents 24 major Italian newspapers and distributes over 3,000...
    United StatesTechnology
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    COVID-19 Stimulus: The Federal Reserve Revises The Terms Of Its Corporate Bond And Loan Facility – What Issuers Should Know

    On March 23, 2020, the Federal Reserve announced several new measures aimed at confronting the economic fallout from the COVID-19 pandemic and keeping credit markets functioning. One of these measures is...
    United StatesCoronavirus (COVID-19)
    Akin
    Akin
  • Article

    COVID-19 Update: The Paycheck Protection Program And The Secondary Market

    Last week, the Board of Governors of the Federal Reserve System (the "Federal Reserve"), the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (collectively, the "Banking Agencies")...
    United StatesCoronavirus (COVID-19)
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    How Health Care Companies Can Protect Against Government Scrutiny Of COVID-19 Relief Funding

    In our previous article, we outlined steps companies can take now to protect themselves during later government investigations and enforcement actions related to COVID-19 relief funding.
    United StatesCoronavirus (COVID-19)
    Bass, Berry & Sims PLC
    Bass, Berry & Sims PLC
  • Article

    Loan Modification And Reporting During The COVID-19 Crisis

    We reported that, on March 9, 2020, the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corp., Consumer Financial Protection Bureau
    United StatesCoronavirus (COVID-19)
    Ward and Smith, P.A
    Ward and Smith, P.A
  • Article

    Servicing SBA Loans During The COVID-19 Crisis

    With COVID-19 shutting down whole swaths of the economy, the SBA has issued a notice to SBA 7(a) Lenders and 504 Certified Development Companies (CDCs)
    United StatesCoronavirus (COVID-19)
    Ward and Smith, P.A
    Ward and Smith, P.A
  • Article

    Charitable Giving Tips To Provide Help And Hope During The COVID-19 Crisis

    The COVID-19 pandemic likely will cost far more economically than any contemporary hurricane or other natural disaster, and tragically,...
    United StatesCorporate/Commercial Law
    Holland & Knight
    Holland & Knight
  • Article

    SBA Issues Revised Paycheck Protection Program Regulations & Procedural Guidance On Economic Injury Disaster Loans – Includes Important Information Relating To Loan Forgiveness Resulting From Adoption Of Payroll Protection Program Flexibility Act

    SBA Issues Revised Paycheck Protection Program Regulations & Procedural Guidance On Economic Injury Disaster Loans..
    United StatesEmployment and HR
    Archer & Greiner P.C.
    Archer & Greiner P.C.
  • Article

    CFTC Commissioners Debate Pandemic Risks To Agricultural Sector

    The CFTC Agricultural Advisory Committee debated the impact of the COVID-19 pandemic on agricultural commodity markets.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FIA Highlights Pandemic Response Efforts

    In a "Midyear 2020 Advocacy Report," FIA highlighted efforts to address the COVID-19 related economic and operational issues.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    PPP Forgiveness And Expense (DIS?) Allowance: Notice 2020-32

    Deducting expenses that result in forgiveness of a Paycheck Protection Program (PPP) loan remains a thorny issue with which Congress and the IRS continue to grapple.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Small Business Administration Takes Steps To Initiate The Review Of Paycheck Protection Program Loans

    Taking an apparent step to begin its review of Paycheck Protection Program ("PPP") loans of $2 million or more, the Small Business Administration ("SBA") has developed questionnaire...
    United StatesFinance and Banking
    Archer & Greiner P.C.
    Archer & Greiner P.C.
  • Article

    The RESPONSE: Federal And State Actions Affecting The Financial Services Industry - Edition 17

    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...
    United StatesFinance and Banking
    Holland & Knight
    Holland & Knight
  • Article

    Wisconsin Restaurants Impacted By Coronavirus Could Qualify For Emergency Loans

    In an attempt to mitigate the spread of coronavirus (COVID-19), Wisconsin has joined many other states and ordered that restaurants and bars temporarily close to dine-in customers.
    United StatesMedia, Telecoms, IT, Entertainment
    Reinhart, Boerner, Van Deuren SC
    Reinhart, Boerner, Van Deuren SC
  • Article

    COVID-19 And Like-Kind Exchanges And Opportunity Zone Investments

    In several states, State and local authorities have issued shelter in place orders.
    United StatesCoronavirus (COVID-19)
    Polsinelli PC
    Polsinelli PC
  • Showing 621–640 of 1469 results

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