News & Analysis as of September 25, 2024

Small Business Administration › Injunctive Relief

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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

SBA Files Notice of Compliance in Response to Ultima Ruling

Schwabe, Williamson & Wyatt PC on 9/1/2023

On August 30, 2023, the Small Business Administration (“SBA”) filed a “Notice of Compliance” in Ultima Services Corp. v. U.S. Dept. of Agriculture, et. al., Case No. 2:20-cv-00041, U.S. District Court for the Eastern District...more

Fed Proposes Guidelines for Access to Master Accounts and Payment Services

Goodwin on 5/7/2021

In This Issue. The Board of Governors of the Federal Reserve System (Federal Reserve), in response to an increased number of inquiries and access requests from companies with fintech and other narrow purpose charters, invited...more

Winter COVID-19 Relief Bill: Overview of Key IP and Entertainment Provisions

White and Williams LLP on 1/4/2021

Congress passed The Consolidated Appropriations Act, 2021 (Act) on December 21, 2020 and the Act was signed into law by President Trump on December 27, 2020. Though titled as COVID relief, the Act includes sweeping changes to...more

Are Bankrupt Companies Eligible for a PPP Loan?

Smith Debnam Narron Drake Saintsing & Myers,... on 5/5/2020

Should a company in Bankruptcy be eligible for a PPP Loan? A Texas Bankruptcy Judge says, “Yes.” Bankruptcy Judge David R. Jones from the Southern District of Texas ruled recently that so long as the company otherwise...more

Commercial Cleaning Franchise System Challenges SBA’s Determination of Eligibility for Paycheck Protection Program Loans Under...

Foley & Lardner LLP on 4/24/2020

Three members of the JANI-KING® franchise system filed suit last week in federal court in Washington, D.C. alleging that the United States Small Business Administration (the SBA) has discriminated against franchised...more

Sixth Circuit Offers Perspective on Federal Removal and Wrongful Foreclosure in Mortgage Litigation

Butler Snow LLP on 8/23/2018

In Beasley v. Wells Fargo Bank, N.A., 2018 WL 3478882 (6th Cir. July 19, 2018), the United States Court of Appeals for the Sixth Circuit provided clarification on certain aspects of removing a case from state court to federal...more

Mentor Protégé Joint Venture Allowed to Proceed with Contract Even Though Ineligible to Bid

Bass, Berry & Sims PLC on 11/14/2017

In an unsealed opinion on October 30, 2017, U.S. Court of Federal Claims Judge Nancy Firestone held that a company, which should have been deemed ineligible from bidding, was allowed to proceed with a contract award because...more

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