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Client Alert: Recent Changes to North Carolina Wage And Hour Statute May Catch Employers Off Guard

On July 8, 2021, Governor Cooper signed into law Senate Bill 208, which revises the North Carolina Wage and Hour Act (NCWHA)…

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Client Alert: Yet Another Required Notice: COBRA Subsidy Expiration Date and Notice Requirement Approaching

The American Rescue Plan Act (“ARPA”) was signed into law on March 11, 2021. ARPA included several provisions aimed at providing relief…

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Client Alert: SEC Approves Nasdaq Board Diversity Listing Rules

On August 6, 2021, the U.S. Securities and Exchange Commission (the “SEC”) approved Nasdaq Stock Market (“Nasdaq”) board diversity listing rules. These…

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SBA Procedural Notice on PPP Loans and Changes of Ownership

On October 2, 2020, the U.S. Small Business Administration (“SBA”) published a procedural notice aimed at clarifying the required procedures for changes…

Banking & Financial Institutions Client Alerts COVID-19 Resources

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Paycheck Protection Program Application Deadline Extended to August 8, 2020

Following approval by the House and Senate, the president has signed a bill re-opening the application window for the Paycheck Protection Program…

Client Alerts COVID-19 Resources

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SBA and Treasury Announce New EZ and Revised Forgiveness Applications

On June 17, 2020, the U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, posted a revised version…

Client Alerts COVID-19 Resources

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SEC Adopts Changes to Required Financial Disclosures for Acquisitions and Dispositions

The Securities and Exchange Commission (“SEC”) has approved amendments to its rules and forms related to the disclosure of financial information regarding…

Capital Markets Client Alerts

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Paycheck Protection Program Flexibility Act Modifies Key Provisions for PPP Loans

On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 was signed into law following a 417-1 approval vote…

Client Alerts COVID-19 Resources

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Impact of SEC’s Proposed Rule on Verifying Accredited Investor Status under Rule 506(c)

On March 4, 2020, the Securities and Exchange Commission (“SEC”) announced the publication of a proposed rule (the…

Banking & Financial Institutions Capital Markets Client Alerts

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Cafeteria Plan Relief in Response to COVID-19

Treasury and the IRS released two Notices (2020-29 and 2020-33) on May 12th which provide several types of relief to participants under cafeteria…

Client Alerts COVID-19 Resources Employee Benefits & Executive Compensation