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Credit Agreements Generally Accepted Accounting Procedures

Proskauer Rose LLP

Inclusion of Government Grants in EBITDA

Proskauer Rose LLP on

In response to the COVID-19 epidemic, the U.S. government has provided relief to companies through various grant programs. The receipt of these grant proceeds represents a meaningful lifeline to many companies and the...more

Gray Reed

EBITDA, Adjusted EBITDA, and EBITDAC in the Age of COVID-19

Gray Reed on

The definition earnings before interest, taxes, depreciation and amortization (“EBITDA”) and adjusted EBITDA have always been important and highly negotiated pieces of credit agreements and M&A transactions....more

Troutman Pepper

Capital Leases Are Dead; Long Live Finance Leases

Troutman Pepper on

Starting in 2019, public companies will need to adopt the new lease accounting rules set forth in the new Financial Accounting Standards Board (FASB) standard ASC 842 (Leases). Originally published in Law360 - January 16,...more

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