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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
On May 15th, the SBA released an application for PPP borrowers seeking loan forgiveness. The application form is available on the United States…
On May 12, 2020, the FDIC approved a notice of proposed rulemaking that would mitigate the deposit insurance assessment effects of banks’…
May 13, 2020 Update to Original Post On May 13, 2020, the Treasury posted new FAQ #46 updating previous guidance related to PPP borrowers’…
L Brands Inc. (owner of retail brands including Victoria’s Secret and Bath & Body Works) and Sycamore Partners agreed last week to…
The Federal Reserve has announced it is expanding the scope and eligibility for its Main Street Lending Program. Specific changes to the…
Many Americans are receiving stimulus checks as a result of the coronavirus stimulus package. These payments have generated questions regarding entitlement and…
The Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce is conducting a 5-year benchmark survey of U.S. investment in…
Banking & Financial Institutions Capital Markets COVID-19 Resources Emerging Companies Investment Funds Mergers & Acquisitions
The SEC has declared effective a rule change previously requested by the Nasdaq Stock Market LLC (NASDAQ) to suspend, as of April…
The Treasury Department and Internal Revenue Service (in IRS Notice 2020-23) have expanded the extended filing deadlines authorized pursuant…