We are updating our Client Alert from March 26, 2020, in light of the issuance, on April 7, 2020, by the primary federal financial institution regulators (the “Regulators”) of a revised Interagency Statement on Loan...more
Interim Final Rule -
The interim final rule announces the implementation of sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). Section 1102 of the Act temporarily...more
In a March 22, 2020 Interagency Statement issued by all of the primary federal financial institution regulators (the “Regulators”), the Regulators have encouraged all financial institutions to “work prudently” with...more
The disruptive impact of the current novel coronavirus (“COVID-19”) global pandemic on virtually all aspects of the social and economic fabric of the United States and most of the rest of the world is unprecedented in recent...more
The fallout from the World Health Organization-declared global pandemic arising from the coronavirus disease (“COVID-19”) is currently having, and will certainly continue for some time to have, severe impacts on almost all...more
In This Issue:
- Taxpayer Relief Act of 2012
- Tax Planning for the “New Normal”
- HIPAA: Not Just for Health Care
- ADA Requirements for Pools
- Impact of Dodd-Frank Swap Regulations on Loan Documents
-...more
Often in connection with commercial loans, borrowers will enter into hedging transactions (“swaps”) for the purpose of mitigating interest rate, commodity or currency risk. Such swaps will frequently be entered into directly...more