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SBA's Guidance on Requests to Honor SBA's Guaranty of PPP Loan

USA - July 21 2021 The SBA recently issued its Procedural Notice on when a lender may request the SBA to honor its guaranty of a PPP loan. The PPP loan program has been…

Steven A. Roach

Biden Executive Order Strengthens and Expands U.S. Sanctions on Chinese Military Companies

China, USA - July 14 2021 President Biden has signed an Executive Order effective August 2, 2021, affirming and expanding U.S. policy restricting the purchase and sale of…

Zhiguo Du, Jeffrey G. Richardson, Yanping Wang, Shusheng Wang

Interim Final Rules Implementing Holding Foreign Companies Accountable Act Will Be Effective Soon

USA - April 30 2021 The interim final amendments (IFR) adopted by the U.S. Securities and Exchange Commission (SEC) to Forms 10-K, 20-F, 40-F and N-CSR to implement the…

Zhiguo Du

Recent Developments on U.S. Ban on American Investment in Chinese Military Companies

China, USA - February 17 2021 This alert addresses recent developments relating to former President Trump's Executive Orders on Chinese Military Companies that affect both…

Zhiguo Du, Jeffrey G. Richardson, Yanping Wang, Shusheng Wang

SBA Reopens Portal for PPP Round Two Applications; Quick Action Recommended

USA - January 19 2021 The SBA, in consultation with the Department of Treasury, has announced that it is reopening its portal for first draw and second draw PPP…

Jeffrey L. LaBine