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Department of Justice Announces Criminal Prosecution Protection for Voluntary Self-Disclosures Related to Mergers & Acquisitions

The Department of Justice continues to incentivize companies to engage in conduct that proactively demonstrates a commitment to operate in compliance with applicable laws and regulations. Building on the implementation of...more

Rethink How You Communicate with Outside Directors: Certain Communications May Not Be Protected

A recent decision from the Delaware Court of Chancery is changing how companies communicate confidential information to outside directors. In In re WeWork Litigation, C.A. No. 2020-0258-AGB, a discovery dispute arose within...more

Respecting Our Transgender and Allied Clients and Colleagues

As transgender awareness and acceptance grow, many of us are becoming aware of an increasing number of transgender people in our personal and professional communities. And as decent people, we want to be respectful, but might...more

Main Street Lending Program is Operational

The Federal Reserve Bank of Boston announced yesterday that it is ready to purchase participations in loans originated by eligible lenders under the Main Street Lending Program (the MSLP). The Federal Reserve also announced...more

Reopening Louisiana Businesses: Not Quite Business as Usual

The Louisiana State Fire Marshal has issued guidance for Louisiana businesses and organizations to assist them in complying with Governor Edwards' Phase One re-opening of businesses. The update specifically pointed out that...more

Reopening New Orleans: Laissez Les Bon Temps Rouler? Not So Fast!

Mayor LaToya Cantrell has announced that the City of New Orleans will move to its Phase One Re-Opening on May 16 at 6 a.m. What will this look like? Some restrictions will remain in place while others will be relaxed....more

Increased Scrutiny of Paycheck Protection Program Loans Coming

The Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has proven to be very popular with businesses and nonprofit organizations throughout the United States, so...more

Louisiana Economic Development Launches its Small Business Loan Program

Louisiana Economic Development (LED), in partnership with The Louisiana Loan Portfolio Guaranty Program (LPGP), has launched its Loan Guaranty Program providing loans to Louisiana's small businesses suffering from COVID-19....more

Forgive and Forget? Important Practical Advice for Borrowers Receiving a PPP Loan and Seeking Forgiveness

Introduction - While small businesses across the country are looking for much needed relief and assistance in the wake of COVID-19, they are focusing on pressing topics like payroll, keeping bills paid, and the immediate...more

Fair Pricing in Times of Need: Price Gouging Controls Expanded at Federal and State Levels in Response to COVID-19

The COVID-19 pandemic has sparked great and inspiring humanitarian aid efforts but has also brought out some baser human instincts: email scams and frauds are rampant and there is much buzz about hoarding and price gouging of...more

Coronavirus: Identifying Essential Workers under Louisiana's Stay-at-Home Order

On March 22, 2020, Governor John Bel Edwards issued a "Stay at Home" order that will take effect at 5:00 PM on Monday, March 23, 2020....more

Coronavirus: How Louisiana Businesses Can Apply For SBA Economic Injury Disaster Loans

On March 17, 2020, Louisiana Governor John Bel Edwards officially requested the Small Business Administration to provide Economic Injury Disaster Loans to all Louisiana parishes. Effective immediately, Louisiana businesses...more

SEC Allows Non-EGCs to Submit Certain Draft Registration Statements for Confidential Review

Effective July 10, 2017, the Securities and Exchange Commission's Division of Corporation Finance began accepting draft registration statement (DRS) submissions from issuers filing registration statements in connection with...more

Diversity Recruiting Spotlight: Noah Kressler

Tell us a little about yourself and your practice. I am of counsel in the New Orleans office and specialize in corporate transactions, finance and securities. Prior to joining Baker Donelson in 2015, I spent nearly a decade...more

FAST Act Brings Holiday Cheer to Issuers

"Fixing America's Surface Transportation Act," also known as the FAST Act, was signed by President Obama on December 4, 2015. Although primarily aimed at authorizing spending on highway and transit projects, the FAST Act...more

Consider Refreshing Your Existing SEC Disclosure

As the fiscal year wraps up and SEC registrants begin to think about their 10-K and proxy, this is a good time for businesses to refresh their disclosure and to consider whether language that reappears annually still...more

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