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The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized a refundable tax credit important to many employers struggling as a result of the COVID-19 pandemic.

On Oct. 1, 2020, the U.S. Department of Health and Human Services (HHS) announced the next tranche of CARES Act provider relief fund payments. As we have addressed in ...

Remember the DOL/Treasury relief that tolled the COBRA election and payment deadlines for up to one year due to the COVID-19 pandemic (referred to below as "Tolling Relief")?

Yesterday, Congress passed the Paycheck Protection Program Flexibility Act ("PPP Flexibility Act") that revises the PPP to provide borrowers with additional time and flexibility...

Signed into law by President Trump on June 5, 2020, the Payroll Protection Program Flexibility Act (HR 7010) increases the benefits of Payroll Protection Program (PPP) loans both prospectively and for persons who have already borrowed.

The Federal Reserve has announced the Municipal Liquidity Facility (the "MLF") to provide liquidity to state and local governmental authorities affected by the COVID-19 pandemic.

Treasury and the SBA disclosed the identities of a portion of PPP loan recipients. The Washington Post has created a searchable database of the recipients.

On June 26, 2020, Regulation (EU) 2020/873 amending the Capital Requirements Regulation to make a comprehensive set of adjustments in response to the COVID-19 pandemic ("CRR Quick Fix")

Financial markets rallied furiously on November 9th on the news that Phase 3 trial results to date for the Pfizer/BioNTech COVID-19 vaccine were 90% effective in preventing symptomatic COVID...

On May 15, 2020, the Small Business Administration (SBA) and the Department of the Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application, which provides detailed instructions on how to apply

As anticipated, the hundreds of billions of dollars allocated under the CARES Act Paycheck Protection Program have become the focus of scrutiny from investigators.

The Coronavirus Aid, Relief, and Economic Security ("CARES") Act provides employers valuable payroll tax relief for 2020 that should be considered.

elief from the strict employee benefit cafeteria plan mid-year election changes rules has finally arrived. In Notice 2020-29, the Internal Revenue Service (IRS) issued guidance providing cafeteria plan participants with...

On May 13, 2020, the Small Business Administration ("SBA") issued its most current guidance on the "safe harbor" rules related to the return of loaned monies under the...

On April 8, 2020, the Alternative Reference Rate Committee ("ARRC") agreed to align itself with the International Swaps and Derivatives Association, Inc.

This year's US ECM Roundtable will be held as a virtual, two-part event, which will bring together senior market professionals to assess current themes in the industry and provide...

The legislative calendar continues to march forward as members of Congress adapt to their new work environments and routines.

As the COVID-19 pandemic continues to cause turmoil in the global economy and financial markets, debt financing sources are tightening their grip on available liquidity while reassessing existing facilities...