1,469 results found

As many parts of the United States begin to focus on recovering from the profound impact caused by the COVID-19 outbreak, businesses are looking to minimize the pandemic's toll on their financial performance.

On June 8, 2020, the Federal Reserve Bank of Boston, the administrator of the Federal Reserve's Main Street Lending Program

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), which provides crucial support and relief for businesses, including $349 billion for...

Since the implementation of the Paycheck Protection Program with the passage of the CARES Act, eligible businesses that have received loans under the program, as well as the lenders who make the loans, have eagerly awaited ...

Late last week, the Small Business Administration (SBA) issued a procedural notice (Notice) to lenders announcing the SBA

In addition to providing institutions relief from certain federal student aid requirements, as discussed in our previous post, the CARES Act relaxes requirements for certain students and borrowers.

On April 2, Securities and Exchange Commission (SEC) Chairman Jay Clayton announced that despite the COVID-19 emergency

On December 21, 2020, a bipartisan, veto-proof majority in each house of Congress passed an omnibus Consolidated Appropriations Act for fiscal year 2021 (the "Act")

The US Federal Reserve has confirmed in its Main Street Loans frequently-asked-questions-faqs about the Main Street lending program (the "FAQ") that US subsidiaries of foreign companies can be...

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19).

In the wake of COVID-19's spread, we have seen many museums temporarily closing their doors to the public and canceling long-planned fundraising events.

On May 6, 2020, the U.S. Department of Health and Human Services (HHS) issued additional guidance, by way of updated FAQs, for providers receiving relief from the $50 billion general allocation...

On May 13, 2020, the Consumer Financial Protection Bureau (CFPB) issued three guidance documents highlighting existing regulatory flexibility and responsibilities for financial institutions...

When a company faces financial distress and seeks to sell its assets, both the seller and the buyer may prefer to implement the transaction through a Section 363 sale in a Chapter 11 bankruptcy case of the seller.

On April 7, 2020, the U.S. Department of Treasury (Treasury) released a 4/7/2020 Frequently Asked Questions sheet (FAQ)[1] with respect to the Paycheck Protection Program (PPP).

On April 27, 2020, the Federal Reserve Board released a revised term sheet for the Municipal Liquidity Facility established in connection with the Coronavirus Aid, Relief, and Economic Security Act.

The Rehabilitation Tax Credit is a tax incentive for investors to renovate and restore old and historic buildings within cities and towns.