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Recent Announcements Confirm Pending End of LIBOR

United Kingdom, USA - March 16 2021 Recent announcements by the ICE Benchmark Administration (ICE) and the Alternative Reference Rates Committee (ARRC) with respect to LIBOR will have a…

Best Practices for a Transition Away from LIBOR

USA - September 1 2020 On September 3, 2019, we published an article addressing the likely end of the London Inter-Bank Offered Rate (LIBOR) and the need for banks and…

Marielos S. Cabrera.

Paycheck Protection Program Flexibility Act - Greater Flexibility Now Available to Borrowers

USA - June 9 2020 On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (PPP Flexibility Act) which provides for…

Erin M. Byom, Marguerite J. Ahmann.

PPP Loan Forgiveness Application and Instructions Now Available

USA - May 19 2020 On May 15, 2020, the SBA and Treasury Department released the Paycheck Protection Program (PPP) Application for borrowers to complete in order to…

Caitlin B. Houlton Kuntz, Erin M. Byom.

Additional PPP Funding Available Soon and More SBA Clarifications

USA - April 24 2020 President Trump recently signed into law a bill providing additional funding for the SBA’s 7(a) Paycheck Protection Program (PPP) after the initial…

Caitlin B. Houlton Kuntz, Erik A. Splett, Erin M. Byom, Marguerite J. Ahmann, Wendy A. Lisman.