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US CARES Act: Relief Available to US Subsidiaries of Latin American Companies

USA - May 7 2020 On March 27, 2020, the United States Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") became effective. The primary purpose of…

Christian W. Hansen, John R. Vetterli, Mariana Seixas, Rodrigo Dominguez Sotomayor, Taisa Markus.

FAQs on SBA's Interim Final Rules on the Paycheck Protection Program

USA - April 3 2020 One of the most highly anticipated elements of relief in the CARES Act is the partially forgivable payroll protection loan for small business. Our…

Armando Rivera Jacobo, Binoy Dharia, Brenda Dieck, Claudette Druehl, Colin J. Diamond, Edward So, Elena Millerman, Heather Waters Borthwick, Henrik Patel, John Reiss, Justin Wagstaff, Luke E. Laumann, Matthew Hurlock, Michael W. Smith, Richard Smith, Rupa Briggs, Victoria Rosamond.

CARES Act: Mid-Sized Business Lending Program

USA - April 2 2020 Under Title IV of the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"), Congress has authorized US$500 billion of funding for…

Aimee Constantineau, Brenda Dieck.

Questions of interest to non-US companies under the CARES Act

USA - April 2 2020 While it appears possible for a US subsidiary of a non-US entity to borrow under the CARES Act, it is unclear what the standard will be for a US…

Anastasiya Lisovskaya, Elena Millerman.

The CARES Act’s Paycheck Protection Loan Program for Smaller and Specially Qualified Businesses

USA - March 29 2020 On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”). The purpose of the Act is to…

Armando Rivera Jacobo, Binoy Dharia, Brenda Dieck, Christian W. Hansen, Colin J. Diamond, Edward So, Elena Millerman, Heather Waters Borthwick, Henrik Patel, John Reiss, Justin Wagstaff, Luke E. Laumann, Matthew Hurlock, Michael W. Smith, Richard Smith, Rupa Briggs, Victoria Rosamond.