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Department of Education to Hold Owners and Investors Liable for College and University Liabilities

USA - April 18 2022 On March 23, 2022, the U.S. Department of Education (ED) announced its intention to hold corporate owners, investors and controlling parties of…

Jonathan T. Blank, Michael A. Brody, Harrison L. Marshall Jr., Akash D. Sethi, Larissa LPC Sneathern, Farnaz Farkish Thompson

SBA final rule permits SBIC fund to utilize two passive small businesses as pass-through entities

USA - December 3 2014 Effective November 20, 2014, an SBIC fund may now utilize two levels of passive small businesses as pass-through entities before the investment…

Mark A. Kromkowski, David P. McLean, Ryan D. Taylor