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Strategies to Reduce the Impact of the New SBA Procedural Notice on the Rights of a Secured Lender

USA - October 15 2020 In the SBA Procedural Notice dated October 2, 2020 (the “Approval Notice”), the Small Business Administration (“SBA”) has issued mandates that may…

Jonathan S. Green, Steven A. Roach

Federal Reserve’s Main Street Lending Program: What Businesses Need to Know to Prepare

USA - May 1 2020 On April 9, 2020, the Federal Reserve, acting under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and Section 13(3) of the…

Thomas G. Appleman, Brad B. Arbuckle, Shawn N. Hopper, Richard A. Walawender

COVID-19: Federal Reserve’s Main Street Lending Program: What Businesses Need to Know to Prepare

USA - April 19 2020 On April 9, 2020, the Federal Reserve, acting under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and Section 13(3) of the…

Thomas G. Appleman, Brad B. Arbuckle, Shawn N. Hopper, Richard A. Walawender

CARES ACT: Small Businesses

USA - March 27 2020 On March 27, 2020, Congress passed and President Donald Trump signed into law the $2.2 trillion "Coronavirus Aid, Relief, and Economic Security Act"…

Thomas G. Appleman, Jeffrey L. LaBine

COVID-19: Payment Deferrals and Federal Agency Guidance to Financial Institutions

USA - March 24 2020 On March 22, 2020, the FDIC, the Board of Governors of the Federal Reserve System (FRB), the Office of the Comptroller of the Currency, the National…

Danielle Mason Anderson, Douglas M. Kilbourne, Steven M. Stankewicz