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On April 30, 2020, the U.S. Small Business Administration (SBA) issued its Seventh Interim Final Rule with respect to the Paycheck Protection Program (PPP), ...

The U.S. Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, has provided updated guidance on how to count employees in foreign affiliates for the purposes of determining...

In statements made yesterday on "Squawk Box" on CNBC, Secretary Mnuchin said:

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...

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), the third and by far the largest stimulus package passed by Congress to respond...

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), the third and by far the largest stimulus package passed by Congress to respond

In our continuing effort to help clients leverage COVID-19-related federal assistance, we are tracking a new relief program due out soon from the Federal Reserve.

The CFPB is, however, considering whether to include exceptions to this broad foreclosure ban, which would permit a servicer in certain situations to initiate a foreclosure prior to December 31.

As Americans are encouraged or directed to stay in their homes due to the COVID-19 pandemic, and as economic dislocation and disruption spreads...

On April 21, 2021, the Department of Justice ("DOJ") and the U.S. Attorney's Office for the Eastern District of California announced a second settlement resolving alleged violations...

On March 20, 2020, in response to the COVID-19 pandemic, the Division of Swap Dealer and Intermediary Oversight ("CFTC Staff") of the U.S. Commodity Futures

Shearman & Sterling partners Mark Chorazak, Reena Agrawal Sahni (both New York–Financial Institutions Advisory & Financial Regulatory), partner Patrick Clancy (Derivatives & Structured Products)...

The IRS continues to expand its enforcement activities, announcing a new compliance campaign to examine large businesses with issues arising out of the TCJA and CARES Act.

The new $349 billion Payment Protection Program ("PPP") administered by the Small Business Administration under the CARES Act began accepting loan applications on April 3, 2020,...

On August 26, 2021, the DOJ, the U.S. Attorney's Office for the Southern District of Florida, and the SBA's Office of Inspector General announced a $287,055 settlement resolving alleged violations of the False Claims Act ...

The U.S. Department of Treasury and U.S. Small Business Administration issued further interpretative guidance on the Paycheck Protection Program.

In this Ropes & Gray podcast, asset management partners Lindsey Goldstein and Isabel Dische discuss considerations...