News & Analysis as of

Compensation Restrictions

Nutter McClennen & Fish LLP

Important PPP Clarifications on Owner-Employee Compensation Rules and Rent Forgiveness

With many PPP borrowers now working their way through the intricacies of the forgiveness calculations and related analysis, the SBA and Treasury Department announced on August 24, 2020 new clarifications on certain aspects of...more

Adler Pollock & Sheehan P.C.

Estate Planning Pitfall – Your Charitable Gifts Are Unrestricted

If you’re making sizeable donations to charity as part of your estate plan, your good intentions are clear. But how do you know the funds will be used to further the charity’s mission? There are no absolute guarantees...more

Dechert LLP

COVID-19 Coronavirus Business Impact: Care To Elaborate? – Interpretive Issues Under The CARES Act Compensation Limits

Dechert LLP on

Companies receiving assistance under Title IV of the Coronavirus Aid Relief and Economic Security Act will be required to limit compensation payable to certain highly paid officers and employees. In general: - Officers and...more

Skadden, Arps, Slate, Meagher & Flom LLP

CARES Act Provides Payroll Relief and Compensation Restrictions

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on March 27, 2020, providing financial assistance to individuals and businesses impacted by the COVID-19 pandemic, as previously discussed in our...more

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