News & Analysis as of

Third-Party Small Business

Orrick, Herrington & Sutcliffe LLP

SBA clarifies PPP eligibility of payroll costs

On June 13, the SBA added question #72 to its Paycheck Protection Program (PPP) Frequently Asked Questions clarifying whether “the amounts paid by a borrower to a third-party payer for the third-party payer’s employees to...more

White & Case LLP

Disagreement rather than consensus: The concrete implementation of the Directive on representative actions remains unclear

White & Case LLP on

When two people quarrel, someone else has the last laugh. It remains to be seen whether this saying proves true in the case of the transposition of the EU Directive on representative actions (EU 2020/1828) ("the Directive")...more

PilieroMazza PLLC

Third-Party Data-Rights Restrictions: Non-Conforming Legend? Not a Problem

PilieroMazza PLLC on

In federal contracting, the laws and regulations surrounding data rights and intellectual property (IP) rights can instill fear in many companies, especially small businesses. A misstep could have you assigning unlimited...more

Smith Debnam Narron Drake Saintsing & Myers,...

Court Approves Sale of Assets to Third Party Despite Stalking Horse Bad Faith Allegations Against Purchaser

United States Bankruptcy Judge John E. Waites approved a sale of substantially all the assets of a small business Chapter 11 Debtor over the protests of a “Stalking Horse” bidder who claimed the successful bidder was acting...more

Foley & Lardner LLP

SBA Loans Under the CARES Act - Updated as of April 25, 2020

Foley & Lardner LLP on

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduced the Paycheck Protection Program (the “PPP”) with an initial $349 billion in funding and the goal of...more

Obermayer Rebmann Maxwell & Hippel LLP

Long Awaited Changes to WOSB/EDWOSB Regulations Expected This Summer

Big news for women-owned businesses! It’s certainly been a long time coming, but self-certification for women-owned small businesses is finally on its way out. For those of you unfamiliar with this issue, here’s a little...more

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