News & Insights

Insights

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…

Client Alerts COVID-19 Resources

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Six Common (and Costly) FLSA Mistakes

The Federal Fair Labor Standards Act, 29 U.S.C. § 201, et seq., was created as a part of the “New Deal”…

Labor & Employment The Resource

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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…

Banking & Financial Institutions Capital Markets Client Alerts

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FAQs in Reopening Businesses and Returning Employees to Work After COVID-19

This comprehensive resource covers a number of topics related to reopening your business and returning your employees to work. Click any…

COVID-19 Resources Labor & Employment

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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…

Client Alerts COVID-19 Resources Employee Benefits & Executive Compensation

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PPP Forgiveness Application

On May 15th, the SBA released an application for PPP borrowers seeking loan forgiveness. The application form is available on the United…

COVID-19 Resources

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FDIC Issues Proposed Rule to Mitigate the Deposit Insurance Assessment Effect of Participation in the PPP, the PPPLF, and MMLF

On May 12, 2020, the FDIC approved a notice of proposed rulemaking that would mitigate the deposit insurance assessment effects of…

Banking & Financial Institutions COVID-19 Resources

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Paycheck Protection Program – U.S. Treasury and SBA Rules and FAQ Guidance Continue to Evolve

June 5, 2020 Update On June 5, 2020, the Paycheck Protection Program Flexibility Act of 2020 was signed into law. See our post…

COVID-19 Resources

Insights

L Brands/Sycamore Partners Breakup

L Brands Inc. (owner of retail brands including Victoria’s Secret and Bath & Body Works) and Sycamore Partners agreed last week…

Mergers & Acquisitions

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Federal Reserve Announces Expansion of Scope and Eligibility for Main Street Lending Program

The Federal Reserve has announced it is expanding the scope and eligibility for its Main Street Lending Program. Specific changes to…

COVID-19 Resources