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Supreme Court gives more tools for defendants to challenge class certification in securities fraud cases

USA - June 24 2021 On June 21, 2021, the US Supreme Court issued its decision in Goldman Sachs Group Inc. v. Arkansas Teacher Retirement System, providing guidance to…

Stephen L. Ascher, Howard S. Suskin, Reanne Zheng.

Highlights of the American Rescue Plan Act of 2021: Updates to the Paycheck Protection Program, Additional Support for the Restaurant and Airline Industries

USA - March 19 2021 On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the Rescue Plan), the first stimulus legislation of the Biden…

Erin R. Schrantz, Neil M. Barofsky, David J. Clark, Michael W. Ross.

Supplemental Stimulus: Highlights of the Recent Aid Bill and Implementing Regulations

USA - January 15 2021 On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, a massive legislative package that provided $1.4 trillion to fund the…

Jake Alderdice, Nika Arzoumanian, Neil M. Barofsky, David J. Clark, Gail H. Morse, Michael W. Ross, Philip B. Sailer.

Loaded for Bear: An Overview of the Federal Reserve’s Corporate Credit Facilities

USA - August 12 2020 On June 29, 2020, the Primary Market Corporate Credit Facility (Primary Market CCF) began accepting requests to purchase newly-issued and syndicated…

Neil M. Barofsky, William Robert Erlain Bill, Edward L. Prokop, Michael W. Ross.

Main Street Lending Program Expansion to Include Nonprofits

USA - July 27 2020 On Friday, July 17, 2020, the Federal Reserve Board announced the launch of two loan options under its previously launched "Main Street Lending…

Jason M. Casella, Laura E.B. Hulce, Michael W. Ross, Sarah A. Youngblood.