News & Analysis as of

Fraudulent Transfers Coronavirus/COVID-19

Snell & Wilmer

SBA Adopts New Process for Absolving Fraudulent Loans in Attempt to Provide Certainty to Affected Businesses

Snell & Wilmer on

The Paycheck Protection Program (“PPP”) was created on March 27, 2020 as part of the first COVID-19 relief package. Over the past year, Congress appropriated almost $700 billion to the PPP in an effort to provide forgivable...more

White and Williams LLP

Hidden Costs in Bargain Acquisitions of Businesses: Exposure to Fraudulent Transfer Claims

White and Williams LLP on

As the pandemic-induced recession continues, there will be increasing opportunities for investors to acquire failing businesses at bargain prices. Companies with sound business models that were until recently profitable may...more

Fox Rothschild LLP

SEC Readying To Hammer BDs And RIAs Over COVID19 Compliance Risks

Fox Rothschild LLP on

The SEC’s Office of Compliance and Inspections (“OCIE”), recently, issued an alert—more like a shot across the bow—to BDs and RIAs regarding its concerns over activities in the industry concerning the challenges encountered...more

Epstein Becker & Green

Cyber Coverage in the Age of COVID-19 Need Not Result in Pandemonium

Epstein Becker & Green on

While businesses and their employees continue to operate in the “new frontier” of working-from-home during the COVID-19 pandemic and the gradual reopening of the economy, a serious risk continues to present itself: the threat...more

Holland & Hart LLP

Is Now a Good Time to Acquire a Business? Opportunities and Risks for Buyers in the Era of COVID-19

Holland & Hart LLP on

The long seller’s market may be over, which is welcome news for many companies that are eager and able to acquire or expand a business. Many businesses and business owners have struggled mightily under the COVID-19...more

Pillsbury Winthrop Shaw Pittman LLP

Navigating Bankruptcy Exposure for Landlords Arising from Anticipated Lease Terminations During COVID-19

Lease terminations may result in fraudulent transfer claims. Lease terminations should document that the tenant is receiving reasonably equivalent value in exchange for rent forgiveness, relinquishing the premises and...more

Kramer Levin Naftalis & Frankel LLP

Recrudescence des fraudes au virement

Surfant sur les tensions du marché mondial des produits de protection sanitaire et leurs composants, les escrocs développent les fraudes aux fournisseurs.   ...more

White & Case LLP

COVID-19 crisis in France: beware of fraudulent international wire transfers

White & Case LLP on

The COVID-19 crisis has triggered a resurgence of fraudulent international wire transfers. Companies and banks should therefore be extra vigilant when dealing with international wire transfer orders....more

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