News & Analysis as of

Interim Final Rules (IFR) Time Extensions

BCLP

TSCA PFAS Reporting Delayed (Again)

BCLP on

The United States Environmental Protection Agency (“EPA”) has announced it will again be extending the data submission period for the Toxic Substances Control Act (“TSCA”) Section 8(a)(7) reporting requirement for per- and...more

Fenwick & West LLP

OFAC Publishes Guidance on 10-Year Sanctions Violations Statute of Limitations

Fenwick & West LLP on

On July 22, 2024, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued guidance addressing the April 2024 extension of the statute of limitations for sanctions violations from five years to 10...more

Kerr Russell

SBA Extends PPP Loan Repayment Period

Kerr Russell on

Under an Interim Final Rule issued recently by the SBA, PPP loan borrowers receiving an adverse decision from the SBA in respect of the borrower’s loan forgiveness application, can now defer making payments of principal and...more

Dentons

Consumer Financial Protection Bureau issues interim final rule requiring debt collectors to provide affirmative notice of the CDC...

Dentons on

On April 19, 2021, the Consumer Financial Protection Bureau (CFPB) issued an Interim Final Rule and press release in support of the Centers for Disease Control and Prevention Order, which temporarily halts certain residential...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

DOL Delays Implementation of Updated OES Wage Rule

On February 1, 2021, the U.S. Department of Labor (DOL) formally proposed delaying the implementation of its final rule, entitled “Strengthening Wage Protections for the Temporary and Permanent Employment of Certain Aliens in...more

Goodwin

SEC Stays Busy With Amendments And Extensions To Various Rules, Definitions And Disclosures

Goodwin on

In the News. The Securities and Exchange Commission (SEC) adopted final rules to update and expand the statistical disclosures that bank and savings and loan registrants must provide to investors for the first time in 30...more

Sheppard Mullin Richter & Hampton LLP

PPP Updates: Extension of the Application Deadline, Disclosure of PPP Borrowers Receiving Greater than $150,000 in PPP Loans, and...

On July 4, 2020, President Trump signed into law a bill passed by the U.S. Congress that extends the application deadline for the Paycheck Protection Program (PPP) from June 30, 2020 to August 8, 2020. The extension of the...more

Schwabe, Williamson & Wyatt PC

Noteworthy Amendments to the PPPFA Interim Final Rules

On June 10, 2020, and as revised on June 11, 2020, the Small Business Administration (SBA) issued an Interim Final Rule (IFR) (SBA-2020-0035) entitled Business Loan Program Temporary Changes; Paycheck Protection Program —...more

Moore & Van Allen PLLC

Forgiveness is Divine: Insight for PPP Borrowers to Maximize Loan Forgiveness - Update

Moore & Van Allen PLLC on

(April 30,2020; Updated May 8, 2020 and June 10, 2020 to Reflect FAQ #40 and Forgiveness Application, Interim Final Rule on Forgiveness and PPP Flexibility Act, respectively) As businesses that have received funds...more

Bradley Arant Boult Cummings LLP

SBA Extends PPP “Safe Harbor” to May 18

The Small Business Administration (SBA) issued a second update to its answers to frequently asked questions about the Paycheck Protection Program (PPP) on May 13, 2020. This update extends the “safe harbor” period for...more

Farella Braun + Martel LLP

CARES Act Paycheck Protection Program Summary (Updated May 13, 2020)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Paycheck Protection Program (PPP) aims to provide qualifying small businesses, nonprofit organizations, veterans organizations, tribal businesses, sole...more

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