The SBA is currently reviewing SVO Grant applications and has begun issuing awards. SVO Grant program reports, which detail the number of applications submitted and awards granted, and lists of SVO Grant recipients are...more
The SBA is currently reviewing SVO Grant applications and has begun issuing awards. SVO Grant program reports, which detail the number of applications submitted and awards granted, and lists of SVO Grant recipients are...more
[co-author: Perry Laub]
The restaurant industry has been among the hardest hit by the COVID-19 pandemic. The National Restaurant Association reported in its 2021 State of the Restaurant Industry that, as of December 1,...more
[co-author: Laura Peterson]
Originally published on December 30, 2020 and updated as of April 7, 2021.
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was...more
4/9/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
[co-author: Laura Peterson]
Originally published on December 30, 2020 and updated as of March 18, 2021.
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was...more
3/18/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
[co-author: Perry Laub]
The restaurant industry has been among the hardest hit by the COVID-19 pandemic. The National Restaurant Association reported in its 2021 State of the Restaurant Industry that, as of December 1,...more
[co-author: Laura Peterson] -
Originally published on December 30, 2020 and updated as of March 10, 2021.
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding,...more
3/15/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more
3/8/2021
/ Borrowers ,
Compensation ,
Contract Terms ,
Corporate Executives ,
Creditors ,
Deal Price ,
Debt ,
Debt Market ,
Debtors ,
Direct Lending ,
Enforcement Actions ,
Fund Managers ,
Fund Sponsors ,
Fundraisers ,
Investment Adviser ,
Investment Management ,
Investment Opportunities ,
Investors ,
Liability ,
Liquidity ,
Private Equity ,
Private Equity Firms ,
Private Lenders ,
Regulatory Requirements ,
Restructuring ,
Webinars
On Monday, February 22, 2021, President Biden announced changes to the Paycheck Protection Program (the “PPP”) aimed at providing relief to particularly small businesses and promoting equitable access to the PPP....more
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit...more
2/19/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit...more
2/8/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Entertainment Industry ,
Entertainment Venues ,
Federal Grants ,
Movie Theaters ,
Museums ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA
The Consolidated Appropriations Act, 2021 (the “CAA”), which provides $900 billion in new COVID-19 relief funding, was signed into law on December 27, 2020. Section 324 of Title III of the CAA, the Economic Aid to Hard-Hit...more
1/5/2021
/ Artists ,
Consolidated Appropriations Act (CAA) ,
Entertainment Industry ,
Entertainment Venues ,
Grants ,
Motion Picture Industry ,
Museums ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
Small Business
In light of the recent rise in so-called liability management transactions in the middle market, described by some observers as “lender-on-lender violence”, now is a perfect time for middle market lenders to review and...more
12/7/2020
/ Borrowers ,
Capital Structures ,
Credit Agreements ,
Creditors ,
Debt Market ,
EBITDA ,
Financial Services Industry ,
Lenders ,
Loan Syndication and Trading Association (LSTA) ,
Loans ,
Middle Market ,
Private Equity
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business Administration (the “SBA”) and the U.S Treasury Department (“Treasury”) have issued a...more
10/7/2020
/ CARES Act ,
Interest Rates ,
Loan Forgiveness ,
Main Street Lending Programs ,
Mergers ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
SBA ,
Small Business Loans ,
Term Sheets ,
U.S. Treasury
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business Administration (the “SBA”) and the U.S Treasury Department (“Treasury”) have issued a...more
8/12/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Interim Final Rules (IFR) ,
Lenders ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Payroll Taxes ,
SBA ,
Small Business ,
Small Business Loans
Originally published on April 14, 2020. Last updated as of July 14, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more
7/16/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Financial Stimulus ,
Interim Final Rules (IFR) ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program and Health Care Enhancement Act ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Small Business Loans
Originally published on April 14, 2020. Last updated as of June 24, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more
Originally published on April 14, 2020. Last updated as of June 18, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more
6/19/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Safe Harbors ,
SBA ,
Small Business ,
Small Business Loans ,
Updated Forms
Originally published on April 14, 2020. Last updated as of June 11, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more
Originally published on April 14, 2020. Last updated as of June 5, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more
Originally published on April 14, 2020. Last updated as of the evening of May 25, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small...more
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business Administration (the “SBA”) and the U.S Treasury Department (“Treasury”) have issued a...more
Originally published on April 14, 2020. Last updated as of the morning of May 15, 2020.
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small...more
5/11/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Foreign Affiliates ,
Interim Final Rules (IFR) ,
Liquidity ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program and Health Care Enhancement Act ,
Paycheck Protection Program Lending Facility (PPPL Facility) ,
Popular ,
Rehiring Issues ,
Safe Harbors ,
SBA
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business Administration (the “SBA”) and the U.S. Treasury Department (“Treasury”) have issued a...more
Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business Administration (the “SBA”) and the U.S Treasury Department (“Treasury”) have issued a...more