News & Analysis as of

Financial Stimulus

Holland & Knight LLP

Main Street Lending Program Documentation Provides Guidance for Borrowers, Lenders

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In response to the coronavirus (COVID-19) pandemic, the Federal Reserve Board and the U.S. Department of the Treasury have unveiled the Main Street Lending Program (MSLP) — consisting of the Main Street New Loan Facility...more

Buckingham, Doolittle & Burroughs, LLC

A Closer Look at the Main Street Loan Program

The Federal Reserve Board has implemented a special Main Street Loan Program for the purpose of providing further financial assistance to U.S. businesses adversely impacted by the COVID-19 pandemic. These loans may be...more

Holland & Knight LLP

Tribal Governments Advocate for Cybersecurity Funding in Next COVID-19 Package

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Tribal governments have joined state and local governments in their request to include funding for cybersecurity in the next COVID-19 relief package. As the pandemic has forced tribal governments to move their governmental...more

Stoel Rives LLP

Congress “Fixes” Paycheck Protection Program, Allowing More Time to Spend Loan Proceeds and Reducing Required Spend on Payroll...

Stoel Rives LLP on

Yesterday, the U.S. Senate adopted by unanimous consent the U.S. House’s version of the Paycheck Protection Program Flexibility Act of 2020 (Act). We expect the Act to be signed into law this week....more

Shearman & Sterling LLP

CARES Act: The SBA’s Paycheck Protection Program—Congress Passes the Paycheck Protection Flexibility Act

On June 3, 2020, Congress passed the Paycheck Protection Flexibility Act of 2020 (the Act). The Act eases restrictions on Paycheck Protection Program (PPP) loans and gives business owners more flexibility in spending loan...more

Morgan Lewis

Latin America In The Time Of COVID-19: FAQS For Business Operations In Puerto Rico

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Are employer mandatory screenings and medical evaluations enforceable in your jurisdiction? Yes, subject to certain requirements. Puerto Rico is covered by US federal law, including the Americans with Disabilities Act....more

Robins Kaplan LLP

Financial Daily Dose 6.4.2020 | Top Story: DOJ Indicts Top Chicken Industry Execs Over Price-Fixing Allegations

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The DOJ has begun the prosecutorial phase of its chicken price-fixing investigation with a one-count indictment accusing current and former senior execs at Pilgrim’s Pride and Claxton Poultry Farms—including their current...more

Wendel Rosen LLP

PPP Loan Forgiveness – What Do We Know?

Wendel Rosen LLP on

On May 22, 2020, the Treasury and Small Business Administration (SBA) released new guidance regarding the Paycheck Protection Program (PPP). This guidance addresses PPP loan forgiveness, the SBA’s loan review procedures, as...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – June 2020 #3

Hogan Lovells on

In Washington - Senate lawmakers are now saying they won’t pass another coronavirus relief package before the August recess. Previously, members said they were aiming to have something finalized for the 4 July recess but...more

Shutts & Bowen LLP

My Deceased Loved One Received a Stimulus Check. Can I Keep It?

Shutts & Bowen LLP on

The Internal Revenue Service has paid out billions of dollars in relief payments to individuals as part of the CARES Act, a cash injection passed by Congress in response to COVID-19. Just last Friday, new guidance was issued...more

Goodwin

Corona Matching Facility: support for German START-UPS

Goodwin on

The German government has extended its financial support for businesses challenged by the adverse economic effects of the ongoing COVID-19 pandemic. In addition to the initial unprecedented loan program addressed to...more

Clark Hill PLC

Window On Washington - Vol. 4, Issue 22

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Outlook for This Week in the Nation’s Capital - The House. House Democratic leaders have released an updated calendar and letter detailing their legislative priorities for the remainder of the year and how the lower chamber...more

Vinson & Elkins LLP

The Fed Releases Additional Guidance, Forms And Agreements For Main Street Lending Program

Vinson & Elkins LLP on

On May 27, 2020, the Federal Reserve Bank of Boston released additional guidance in the form of revised Frequently Asked Questions (“FAQs”), along with forms and agreements, on the Main Street Lending Program...more

Wendel Rosen LLP

Update: Paycheck Protection Program Guidelines for Sole Proprietors and Independent Contractors

Wendel Rosen LLP on

The Small Business Administration (SBA) issued a second interim final rule interpreting the Paycheck Protection Program (PPP) of the CARES Act on April 14, 2020 (the “Second Interim Final Rule”), supplementing the first...more

Wendel Rosen LLP

COVID-19 CARES Act Guidance: Update to Paycheck Protection Program - May 2020

Wendel Rosen LLP on

The SBA Section 7(a) Loan program, also known as the Paycheck Protection Program (PPP), which promises $349 billion to small businesses affected by COVID-19, began today, with a loan application form already live on the U.S....more

Cranfill Sumner & Hartzog LLP

SBA Releases Loan Forgiveness Application: What You Need to Know

On May 15, 2020, the Small Business Administration released the Paycheck Protection Program Loan Forgiveness Application.  For a quick refresher on loan forgiveness, here is The Checklist for Getting your CARES Act Loan...more

Wendel Rosen LLP

COVID-19 CARES Act Guidance - May 2020

Wendel Rosen LLP on

There has been a flurry of media articles, blog posts, webinars, and social media posts on the new Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) which is designed to make funds immediately available to...more

Ruder Ware

Can The Nursing Home Take My Stimulus Check?

Ruder Ware on

As we are coming to the end of Elder Law Month (as named by the National Academy of Elder Law Attorneys), one of our many roles as elder law attorneys is to keep you apprised of important topics in the world of elder law. As...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – May 2020 #18

Hogan Lovells on

In Washington: The House passed (417-1) the Paycheck Protection Program Flexibility Act (H.R. 7010). The bill extends the ability to use the Small Business Administration (SBA) loans from 8 weeks to 24 weeks and changes...more

Sheppard Mullin Richter & Hampton LLP

Nota Bene Episode 83: Fraud Enforcement and Policing COVID Relief: What Businesses Need to Know with Chuck Kreindler

With $3 trillion of stimulus money already disbursed and $3 trillion more scheduled to be distributed to the American people in the near future, we’re taking a look at the type of oversight provisions included in the CARES...more

PilieroMazza PLLC

House Passes Legislation Modifying Existing PPP Regulations

PilieroMazza PLLC on

On May 28, 2020, the U.S. House of Representatives passed the Paycheck Protection Program Flexibility Act of 2020 (the Act), new legislation meant to provide additional assistance to small businesses and loosen regulations...more

PilieroMazza PLLC

The Paycheck Protection Program Loan Forgiveness Application: Cracking the Code and Deciphering the Confusion

PilieroMazza PLLC on

As noted in our previous alert, SBA recently released its long-awaited PPP Loan Forgiveness Application. Unfortunately, the Forgiveness Application is difficult to understand and complete. To help crack the code, we have put...more

Pepper Hamilton LLP

How to Navigate the After Effects of the U.S. Stimulus Packages

Pepper Hamilton LLP on

Your company received stimulus funding, what do you need to know now? Join us for an update on the Paycheck Protection Program and other funding packages as well as a discussion of what you need to know to stay compliant and...more

Robinson+Cole Health Law Diagnosis

HHS Extends Compliance Deadline for Providers Receiving CARES Act Provider Relief Funds and Reminds Providers of June 3 Deadline...

On May 22, 2020 the U.S. Department of Health and Human Services (HHS) issued a 45-day extension of the deadline for providers who receive payments from the CARES Act Provider Relief Fund to accept the Terms and Conditions...more

Eversheds Sutherland (US) LLP

May 2020 Energy Industry Tax updates: Top 5 questions (and answers)

Among the recent flood of Congressional, Treasury and IRS activity, the impact on the energy sector has been the subject of much discussion. In this update, we discuss the current top 5 tax questions (and answers) received by...more

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Updated: May 25, 2018:

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Information for EU and Swiss Residents

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Privacy Officer
JD Supra, LLC
10 Liberty Ship Way, Suite 300
Sausalito, California 94965

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Privacy Officer
JD Supra, LLC
10 Liberty Ship Way, Suite 300
Sausalito, California 94965

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Contacting JD Supra

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Updates to This Policy

We may update this cookie policy and our Privacy Policy from time-to-time, particularly as technology changes. You can always check this page for the latest version. We may also notify you of changes to our privacy policy by email.

Contacting JD Supra

If you have any questions about how we use cookies and other tracking technologies, please contact us at: privacy@jdsupra.com.

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