News & Analysis as of

Foreign Subsidiaries CARES Act

Manatt, Phelps & Phillips, LLP

New Guidance for Main Street Lending Program

The Federal Reserve Bank issued new guidance for the Main Street Lending Program (the Program) on May 27, 2020. In addition to an expanded set of Frequently Asked Questions (FAQs), the Federal Reserve posted forms and...more

White & Case LLP

US CARES Act: Relief Available to US Subsidiaries of Latin American Companies

White & Case LLP on

On March 27, 2020, the United States Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") became effective. The primary purpose of the CARES Act is to provide businesses affected by the novel coronavirus...more

Pillsbury Winthrop Shaw Pittman LLP

U.S. Subsidiaries of Foreign Companies Can Also Benefit from the CARES Act

Multijurisdictional groups seeking relief should consider restrictions that might impact cashflows from U.S. companies to its foreign affiliates. U.S. subsidiaries of non-U.S. companies can obtain access to various relief...more

White & Case LLP

US CARES Act: Relief Available to US Subsidiaries of European Companies

White & Case LLP on

On March 27, 2020, the United States Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") became effective. The primary purposes of the CARES Act is to provide businesses affected by the novel coronavirus...more

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