News & Analysis as of

Liability CARES Act

Buchalter

PPP Lender Liability, Enforcement, & Fintech Challenges

Buchalter on

The Paycheck Protection Program (“PPP”) emerged as a lifeline for small businesses grappling with the unprecedented challenges of the COVID-19 pandemic. Lenders navigated a landscape of regulations that Congress quickly...more

Tucker Arensberg, P.C.

A Missed Opportunity for Immunity

Tucker Arensberg, P.C. on

The new pandemic aid legislation was eight months in the making, includes 5,600 pages, and $2.3 trillion in aid and spending. With national unemployment at a record high, and moratoriums on evictions, and utility shutoff...more

Saul Ewing LLP

Liability Dangers for Recipients of CARES Act Funds: Lessons From Past and Present Enforcement Actions

Saul Ewing LLP on

As the country struggles with COVID-19, many companies have applied for and received funds under the CARES Act and its Payment Protection Program (“PPP”). Those companies must understand there are significant risks tied to...more

Hogan Lovells

COVID relief legislation update (Phase 4/CARES 2.0)

Hogan Lovells on

As we proceed into August, pressure continues to mount for Congress to provide additional relief to Americans impacted by the physical and economic fallout from the pandemic. Chief drivers of the potential stimulus package...more

Maynard Nexsen

The Pros and Cons of Federal COVID-19 Liability Protections

Maynard Nexsen on

Congress is currently battling over another coronavirus relief package and one of the main areas of contention is COVID-19 liability protections for businesses. The current CARES ACT offers some liability protection to...more

K&L Gates LLP

COVID-19: PPP Loan Borrowers - Your Information May Now Be Public

K&L Gates LLP on

On 19 June 2020, in a major reversal of the U.S. Department of the Treasury’s (Treasury) previous position, the U.S. Small Business Administration (SBA) and Treasury announced that they will publicize additional data...more

Sheppard Mullin Richter & Hampton LLP

Tips for the Unwary: Precautions Against Liability for Healthcare Businesses Receiving CARES Act Funds

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided trillions in economic relief in response to the COVID-19 pandemic, including hundreds of billions of dollars in aid for the healthcare industry....more

Bradley Arant Boult Cummings LLP

Lender Liability and False Claims Act Issues Under the Paycheck Protection Program

Among the most significant aspects of the CARES Act is the $660 billion small business forgivable loan program known as the Paycheck Protection Program (PPP), and it was perhaps inevitable that the administration of the...more

Orrick, Herrington & Sutcliffe LLP

State Attorneys General Continue to Flex Muscles During COVID-19 Pandemic

Over the past few weeks, the Orrick State Attorney General Practice Group has highlighted the numerous ways in which state Attorneys General are enforcing state laws in response to the COVID-19 pandemic. With some states...more

BCLP

Paycheck Protection Program: Analyzing Borrower Certification Risks

BCLP on

The shifting narratives around the government’s interpretations regarding eligibility for participation in the Paycheck Protection Program (PPP) has caused many borrowers to reconsider their own applications and to consider...more

K&L Gates LLP

COVID-19: Credit Reporting in the Age of COVID-19

K&L Gates LLP on

The CARES Act’s Impact on Furnisher Liability Under the Fair Credit Reporting Act - As part of the federal government’s efforts to provide relief from the economic impact of the COVID-19 pandemic to consumers, Congress took...more

Alston & Bird

New PPP Funding Ups Ante for Compliance Failure—Audits on the Horizon

Alston & Bird on

The unprecedented nature of the CARES Act grew even more stark last week when Congress appropriated additional stimulus funds to address the COVID-19 pandemic. Our White Collar, Government & Internal Investigations Team...more

Goodwin

Dilutive Down Round Financings in the U.S.: A Legal Risks Refresher

Goodwin on

Just over a month ago, many sectors of the U.S. economy came to a sudden stop as the federal and state governments ramped up their efforts to contain the spread of the COVID-19 pandemic. As governors issued orders requiring...more

Nelson Mullins Riley & Scarborough LLP

False Claims Act and Other Potential Liability for Misuse of Paycheck Protection Program Loans

In response to the economic crisis caused by the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed into law and dedicated $349 billion to the Paycheck Protection Program, or...more

Akin Gump Strauss Hauer & Feld LLP

Federal Protections Against Liability for Businesses Combatting COVID-19

- Federal emergency authorities targeting COVID-19 provide important protections to businesses for certain actions in connection with the national response to the public health crisis. - The protections include immunity...more

15 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide