News & Insights

Insights

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 banks’…

Banking & Financial Institutions COVID-19 Resources

Insights

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 to…

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 the…

COVID-19 Resources

Insights

FAQs Regarding 2020 Stimulus Checks and Your Divorce

Many Americans are receiving stimulus checks as a result of the coronavirus stimulus package.  These payments have generated questions regarding entitlement and…

COVID-19 Resources Family Law

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BE-10 Benchmark Survey Filing: U.S. Investment in Foreign Businesses

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

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NASDAQ Provides COVID-19-Related Regulatory Relief from Price-Based Continued Listing Standards

The SEC has declared effective a rule change previously requested by the Nasdaq Stock Market LLC (NASDAQ) to suspend, as of April…

Capital Markets COVID-19 Resources

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More Extended Federal Tax Return Filing Deadlines in Response to COVID-19

The Treasury Department and Internal Revenue Service (in IRS Notice 2020-23) have expanded the extended filing deadlines authorized pursuant…

COVID-19 Resources Tax

Insights

Federal Banking Agencies Issue Interim Final Rule Deferring Appraisals and Evaluations for Real Estate Transactions

On April 14, 2020, in a joint press release, the federal banking agencies issued an interim…

Banking & Financial Institutions COVID-19 Resources

Insights

Chief Justice Further Extends Deadlines for North Carolina Court Filings, Actions, and Limitations Periods

On March 19, 2020, Chief Justice Beasley of the Supreme Court of North Carolina entered an order extending deadlines for filings and…

Commercial Litigation COVID-19 Resources