USA - October 7 2020
On October 2, 2020, the US Loan Syndication and Trading Association (“LSTA”) released for comment an exposure draft of LIBOR Replacement Provisions…
J Paul Forrester, Mary Jo N. Miller
USA - June 11 2020
The US Small Business Administration (“SBA”) has now formalized certain borrower-friendly changes to the Paycheck Protection Program (“PPP”) provided…
Andrew T. Kugler, Eric T. Mitzenmacher
USA - May 27 2020
Borrowers that obtained loans under the SBA's Paycheck Protection Program ("PPP")—and chose to keep them—will soon progress to a new phase…
Andrew T. Kugler, Eric T. Mitzenmacher
USA - May 20 2020
While the second round of Paycheck Protection Program (“PPP”) funding remains available for new applicants, the first round is about to enter a new…
Andrew T. Kugler, Eric T. Mitzenmacher
USA - May 1 2020
On April 30, 2020, the Federal Reserve Board announced expanded loan offerings and terms for the forthcoming Main Street Lending Program.1 Originally…
Arthur S. Rublin, Logan S. Payne, Jeffrey P. Taft, Alexander J. Warents, Adam C. Wolk