Corporate and Business

PPP Loans: Frenetic Fixes and Forgiveness

Posted on by Kurt Magette in Corporate and Business

The rules related to Payroll Protection Program (“PPP”) loans are confusing. This article provides a summary and, hopefully, some clarity.
Continue Reading

Summary of the Paycheck Protection Program Created in the CARES Act

Posted on by Marieke van Rijn in Corporate and Business

The Paycheck Protection Program was created as part of the CARES Act to relieve small businesses impacted by the Coronavirus pandemic.
Continue Reading

Impacts of the Federal Legislative Relief Packages on Small Businesses

Posted on by Marieke van Rijn in Corporate and Business

The CARES Act is a stimulus package, which provides over $349 billion for the Small Business Administrationto guarantee loans to small businesses
Continue Reading

Regulations for the Paycheck Protection Program Provide Clarity and More Questions

Posted on by Marieke van Rijn in Corporate and Business

This article will summarize the guidance given in the interim rule released on Paycheck Protection Program.
Continue Reading

COVID-19 and the "Material Adverse Change" Clause

Posted on by Neil E. McCullagh in Corporate and Business, Creditors' Rights, Bankruptcy and Insolvency

Due to the COVID-19 pandemic, our firm has received a number of inquiries about “force majeure” and “material adverse change” contract clauses.
Continue Reading

Pandemics and Contractual Performance: Force Who?

Posted on by David V. DuVal, Marieke van Rijn in Corporate and Business

Individuals and businesses should review their contracts to determine if a "Force Majeure" clause is included in a contract.
Continue Reading