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SBA Issues Interim Final Rule for Paycheck Protection Loans

USA - April 3 2020 On April 2, 2020, the Small Business Administration (SBA) issued an unusual interim final rule (the Rule) providing further detail regarding Paycheck…

Neil S. Faden, Richard S. Hartunian, Charles E. Washburn, Jr., John A. Kimble, Brian S. Korn, Veronica Lah, Jonathan H. Lemberg, Scott M. Pearson, William T. Quicksilver

Congressional Action—Lending Programs and Relief Provisions Under the CARES Act

USA - March 30 2020 On March 27, 2020, President Donald Trump signed into law the CARES Act, an approximately $2 trillion stimulus package to mitigate the…

Katherine J. Blair, Benjamin T. Brickner, Neil S. Faden, Emily P. Gelman, David W. Herbst, Charles E. Washburn, Jr., June Kim, Brian S. Korn, Veronica Lah, Jonathan H. Lemberg, Scott M. Pearson, William T. Quicksilver, Tiana M. Walden, Stephen H. Winick

Feds, States Offer Guidance on Loan Modifications

USA - March 25 2020 Aiming to encourage financial institutions to accommodate borrowers affected by COVID-19, federal and state regulators issued an interagency…

Charles E. Washburn, Jr., Jan L. Owen, Scott M. Pearson

Financial Institution Regulators Promulgate Extensive Guidance on COVID-19

USA - March 19 2020 While the government currently responds to the changing landscape posed by the COVID-19 virus, federal financial institution regulators are moving…

Jan L. Owen

Public Company Considerations During the Coronavirus Outbreak

USA - March 13 2020 In December 2019, COVID-19, a strain of coronavirus, emerged in Wuhan, China. The outbreak has become a global pandemic; the coronavirus has spread…

Katherine J. Blair, Thomas J. Poletti