News & Analysis as of September 24, 2024

Small Business Administration › Healthcare

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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

Investigations Newsletter: Cooperation Spares Former NBA Shooting Guard From Prison

ArentFox Schiff on 3/25/2024

Cooperation Spares Former NBA Shooting Guard From Prison - Former National Basketball Association (NBA) shooting guard, Antoine Wright, was sentenced to time served after he pled guilty to conspiracy and aggravated...more

Enforcement Against COVID-19 Related Fraud: Two-Year Anniversary Update

Morrison & Foerster LLP on 3/16/2022

On the eve of the pandemic’s two-year anniversary, the U.S. Department of Justice (DOJ) released updated statistics on its efforts to combat COVID-19 related fraud and announced the appointment of a director of COVID-19 Fraud...more

OHA Decision on Recertification May Impact Eligibility of Small Business Contractors Competing for Set-Aside Contracts

PilieroMazza PLLC on 1/28/2022

Over the past few years, the Small Business Administration’s (SBA) recertification rules have been the subject of much debate, with some arguing that recertification impacts an offeror’s eligibility for award and for future...more

Paycheck Protection Program: Government Enforcement, Oversight

Jackson Lewis P.C. on 3/8/2021

Nearly one year ago, in response to the COVID-19 pandemic and related economic downturn, the Small Business Administration-backed Paycheck Protection Program (PPP) provided loans to help businesses keep their workforce...more

SBA Proposes to Increase Another 70 Size Standards for Service Industries

Pillsbury Winthrop Shaw Pittman LLP on 12/1/2020

The proposed rule would increase the receipts-based small business size standards for 70 service industries in five industrial sectors, allowing many businesses to qualify or re-qualify for small business set-aside...more

Weekly Update Newsletter - November 2020 #3

PilieroMazza PLLC on 11/25/2020

LITIGATION & DISPUTE RESOLUTION - Errors to Avoid when Moving State Litigation to Federal Court, November - Depending on the claims, parties, and preferences, there are multiple forums where litigants can choose to file...more

Weekly Update Newsletter - October 2020 #3

PilieroMazza PLLC on 10/22/2020

BUSINESS & CORPORATE - BLOG: Important Considerations When Structuring M&A Transactions for Government Contractors: Post-Transaction Pitfalls—Part 3 of a 3-Part Series - M&A transactions involving government contractors...more

SBA Issues Additional PPP Rules on Effect of State and Local COVID-19 Orders and Other Items on Loan Forgiveness

Schwabe, Williamson & Wyatt PC on 6/30/2020

The Small Business Administration (“SBA”) issued another Interim Final Rule (SBA-2020-0038) on June 22, 2020 (“IFR”) clarifying certain issues surrounding the forgiveness of Paycheck Protection Program (“PPP”) loans. For the...more

Business Owner Charged with Fraud Connected to the Paycheck Protection Program

ArentFox Schiff on 6/22/2020

Business Owner Charged with Fraud Connected to the Paycheck Protection Program - On June 15, 2020, the owner of several information technology companies was charged in a criminal complaint with bank fraud and for making...more

Seyfarth Policy Matters Newsletter - April 2020 #3

Seyfarth Shaw LLP on 4/23/2020

Congress Replenishes Paycheck Protection Program (PPP) Through its Phase Four Coronavirus Relief Package. On Tuesday, via unanimous consent, the Senate passed the Paycheck Protection Program Increase Act of 2020...more

Senate Passes Another Round of Coronavirus Relief to Replenish the Paycheck Protection Loan Program and Other Programs;...

Seyfarth Shaw LLP on 4/22/2020

Summary - Late yesterday, the Senate passed the Paycheck Protection Program Increase Act of 2020. The measure appropriates a total of $484 billion, mainly to refund the Paycheck Protection Program (PPP), but also to provide...more

Oversight & the CARES Act – Be Prepared

Snell & Wilmer on 4/16/2020

On March 27, the largest stimulus package in American history, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), was signed into law by President Trump, which will ultimately inject $2.2 trillion into the...more

CARES Act: Non-Profit Employers’ Obligation for Unemployment Benefits Reimbursement

Foley & Lardner LLP on 4/16/2020

Under the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), the federal government will pay 50% of the reimbursable unemployment benefits from March 13, 2020 through December 31, 2020 for those non-profit...more

CARES Financial Relief for Health Care Providers

Chambliss, Bahner & Stophel, P.C. on 4/14/2020

The CARES Act adds $100 billion to the “Public Health and Social Services Emergency Fund” to reimburse “eligible health care providers” for “health care-related expenses or lost revenues that are attributable to Coronavirus.”...more

CARES Relief for State and Local Governments

Chambliss, Bahner & Stophel, P.C. on 4/14/2020

The CARES Act establishes a $500 billion loan program accessible by cities, states, and businesses, while also providing for more than $250 billion in direct funding to state and local governments. The majority of the direct...more

IRS Clarifies Interaction of Payroll Tax Deferral with PPP Loan Forgiveness Under CARES Act

ArentFox Schiff on 4/14/2020

On April 10, the Internal Revenue Service published responses to frequently asked questions with respect to the payroll tax deferral provisions of the CARES Act, including clarification that employers that take loans under...more

CARES Act Appropriates $100 Billion for Healthcare Providers

Snell & Wilmer on 4/13/2020

With the passage of the CARES Act, $100 billion has been appropriated to the Public Health and Social Services Emergency Fund (“PHSSEF”), to be administered by a small agency within the Department of Health and Human Services...more

Summary of Key Provisions of Interim Final Rule: CMS Policy and Regulatory Revisions in Response to the COVID-19 Public Health...

Sheppard Mullin Richter & Hampton LLP on 4/10/2020

On March 30, 2020, the Centers for Medicare and Medicaid Services (“CMS”) announced an Interim Final Rule with Comment Period (the “IFC”) to address numerous regulatory and administrative changes in response to the COVID-19...more

Answers for Nonprofits Seeking Relief under the CARES Act

Sheppard Mullin Richter & Hampton LLP on 4/10/2020

In this time of crisis, nonprofits of all shapes and sizes have been scrambling to obtain assistance under the federal CARES Act. Sheppard Mullin’s Nonprofit Team is grateful for the special opportunity to help by partnering...more

False Claims Act Considerations Related to the CARES Act's Small Business Administration Loan Program

King & Spalding on 4/9/2020

On March 27, 2020, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, which authorized $2.2 trillion to, among other things, help companies and individuals mitigate the financial repercussions...more

The Treasury Loan Window Is Opening: Are You Ready?

Pillsbury Winthrop Shaw Pittman LLP on 4/8/2020

With $454 billion about to be distributed, interested companies need to be prepared. The Treasury Department is nearly ready to begin granting loans and other support to mid- to large -sized companies, municipalities and...more

New York Budget Bill Includes Changes in Employee Leave Law

Harris Beach PLLC on 4/8/2020

It might not be business as usual, but business in New York goes on even as the state grapples with the coronavirus pandemic. New York State’s annual budget bill, signed by Gov. Cuomo on April 3, contains amendments to New...more

COVID-19 Legislation – Healthcare Industry Impacts Deeper Dive into the CARES Act

BakerHostetler on 4/8/2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, contains many beneficial provisions for healthcare providers dealing with the operational and business challenges of the COVID-19...more

Summary of Key Tax Provisions for Businesses Under CARES Act

Harris Beach PLLC on 4/7/2020

The following is a summary of certain key tax provisions relevant to businesses outlined in the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act"-- H.R. 748). The CARES Act provides financial support to...more

COVID-19: “Hospitals Without Walls” and “Patients Over Paperwork” - Key Takeaways For Hospitals From CMS’ Additional Blanket...

Foley & Lardner LLP on 4/7/2020

On March 30, 2020, the Centers for Medicare and Medicaid Services (CMS) announced additional blanket waivers and temporary rule changes designed to assist the health care system in coping with patient surges due to the novel...more

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Small Business Administration › Healthcare

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