News & Analysis as of

Time Extensions Certification Requirements

Latham & Watkins LLP

France Aligns With Brussels to Postpone CSRD Timeline

Latham & Watkins LLP on

France, the first country to transpose the Corporate Sustainability Reporting Directive (the Directive or CSRD) through Order No. 2023-1142 of ­6 December 2023, Order No. 2023-1142 of 6 December 2023, concerning the...more

Womble Bond Dickinson

WOSB Program Alert

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On May 30, 2024, the U.S. Small Business Administration (SBA) Administrator issued a program update to firms participating in the Women Owned Small Business Federal Contract Program (WOSB Program)....more

Akin Gump Strauss Hauer & Feld LLP

Extension of the Senior Manager and Certificate Regime Implementation Periods for Solo-Regulated Firms to March 2021

On 30 June 2020, the Financial Conduct Authority (FCA) announced proposals designed to provide breathing room to solo-regulated firms (meaning those governed solely by the FCA) in respect of the implementation of certain...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

Porter Hedges LLP

Alert: "SBA Extends Safe Harbor Repayment Date For PPP Loans To May 18"

Porter Hedges LLP on

As an update to our previous alert regarding guidance on the good faith “necessity” certification, the Small Business Administration (SBA) has further extended the Paycheck Protection Program (PPP) loan “safe harbor”...more

Fisher Phillips

Businesses That Obtained PPP Loans Under $2M Will Not Be Audited (UPDATED)

Fisher Phillips on

One long week after the U.S. Treasury announced that it was extending the Paycheck Protection Program Loan “safe harbor” deadline to May 14, the U.S. Treasury announced this morning that borrowers whose loan amount (combined...more

Downs Rachlin Martin PLLC

New SBA Guidance for Good Faith Certifications - Enforcement and Safe Harbors

CARES Act: Paycheck Protection Program Loans - In guidance issued in late April, after many Paycheck Protection Program (“PPP”) loans had already been funded and the proceeds were being spent, the SBA said borrowers needed...more

Hinshaw & Culbertson LLP

PPP Loan Proceeds Return Date Extended, Tips on Preparing for a PPP Loan Audit

PPP Loan Proceeds Return Date Extended - On April 23, 2020, the U.S. Department of the Treasury and Small Business Administration (SBA) announced that public companies receiving Paycheck Protection Program (PPP) loans, who...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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