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It Pays to be Small: New Guidance Gives PPP Loans under $2 Million a Safe Harbor

USA - May 13 2020 Breaking News: on May 13, 2020, the U.S. Small Business Administration (SBA) and the U.S. Treasury Department released the promised and much awaited…

John A. Knab, Robert Mecklenborg, Steven Nofziger.

New Government Guidance Clarifies PPP Loan Eligibility, Promises Enforcement

USA - May 1 2020 More guidance has raised new issues and concerns. Given the criticisms that some large businesses with alternative access to capital received a CARES…

John A. Knab, Robert Mecklenborg, Steven Nofziger.

Washington Governor Extends Eviction Moratorium to June 4th and Prohibits Rent Increases for Commercial Leases

USA - April 23 2020 On April 15, 2020, Washington Governor Jay Inslee extended the prohibition on residential evictions to June 4, 2020, and expanded the scope of…

Bryan Helfer, Joseph West.

The CARES Act and Portfolio Companies: Preliminary Guidance on Affiliation Rules

USA - April 3 2020 Are you a private equity (“PE”) or venture capital fund (“VC”) with portfolio companies in need of CARES Act funds?…

Benjamin J. Lambiotte, John A. Knab, Robert Mecklenborg.

Paycheck Protection Program: SBA Guidance and Application Available

USA - April 1 2020 The Coronavirus Air, Relief, and Economic Security Act (the “CARES Act”), passed by Congress on March 27, created the Paycheck Protection Program…

John A. Knab, Robert Mecklenborg.