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Nutter McClennen & Fish LLP

Nutter Bank Report: March 2023

President Recommends Regulatory Reforms to Address Recent Bank Failures - President Biden has issued a statement urging the federal banking agencies to adopt regulatory reforms that are meant to reduce the risk of future...more

WilmerHale

The UK Government’s Bounce Back Loan Scheme - are there lessons to be learned?

WilmerHale on

The UK’s National Audit Office (the “NAO”) has reported that an estimated 11% - a total of £4.9 billion out of £47 billion issued - of the 1.5 million loans granted under the Government’s COVID-19 Bounce Back Loan Scheme (the...more

Carlton Fields

Federal Reserve Moves to Assist Larger Businesses

Carlton Fields on

The Federal Reserve has unveiled its $600 billion Main Street lending effort for businesses with up to 10,000 employees and up to $2.5 billion in 2019 annual revenue....more

White & Case LLP

Treasury announces measures to assist companies falling through the cracks: the Coronavirus Large Business Interruption Loan...

White & Case LLP on

While the UK Government, for the most part, has been praised for taking quick, decisive action to limit the impact of the COVID 19 economic shock for consumers and some UK companies, the measures announced to date excluded a...more

Lewitt Hackman

Full Speed Ahead: SBA Directory May Hasten Franchisee Lending Process

Lewitt Hackman on

As of January 1, 2018, the U.S. Small Business Administration (SBA) will begin implementing new rules that will affect franchisors, entrepreneurs wishing to join a franchise system, and lenders or CDCs (Certified Development...more

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