Contributed by Marissa Koblitz Kingman
The U.S. Department of Justice has recently begun charging defendants with bank fraud in relation to Paycheck Protection Program loans as part of its continuing
Continue Reading It’s Right to Be Concerned about Making Sure PPP Funds Were Used Properly (The DOJ Is Looking for Bank Fraud)
This is like watching sausage being made – it isn’t pretty. The House passed its $3 Trillion COVID rescue package (the HEROES Act) about a month ago. But the
Continue Reading HEROES + HEALS = ?????: COVID Relief 3.0 is a Mystery
Amidst the continuing pandemic, summer brings faint hope that someday things might return to business as usual. For the franchise industry, recent events offer a hint of normality. In Part
Continue Reading A Summer Potpourri (Part 1): Congress Legislates and the Fed Weighs In
Need and speed can be a dangerous combination. Just ask Peter “Maverick” Mitchell. That’s a lesson that lenders and borrowers are discovering with CARES Act Payroll Protection Program (PPP)
Continue Reading A Rough Roll-Out for Payroll Protection Loans
On April 3, 2020, banks commenced taking applications for the Small Business Administration’s (“SBA”), Paycheck Protection Program (the “PPP”) loans, as provided in the Coronavirus Aid, Relief, and Economic
Continue Reading (Some) Good News: SBA Guidance Mostly Exempts Franchises from Affiliation Rules for Paycheck Protection Act Loans
