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5 May 2020, 12:30 pm
This information is intended to inform our clients and other friends about legal developments, including recent decisions of various municipalities, legislative, and administrative bodies. [read post]
1 May 2020, 3:00 am
Facebook, with about 220 million users in the country, remains the central digital vehicle for reaching Americans who are spending more time online during the coronavirus pandemic. [read post]
1 May 2020, 2:11 am
HARDENING PERIOD A French insolvency administrator, a creditors’ representative (mandataire judiciaire) or the criminal pro [read post]
30 Apr 2020, 9:05 pm
It is time to centralize the critical medical supply chain and distribution during this public health crisis. [read post]
22 Apr 2020, 9:55 am
In practice, states do not want the administrative obligations of processing no-liability returns, but many preserve the requirement nonetheless in hopes of being able to tax even a day of a well-compensated CEO’s time. [read post]
22 Apr 2020, 7:02 am
If a company has gone into administration, the appointed administrator can access the Scheme. [read post]
21 Apr 2020, 2:09 pm
In the context of N95 shortages, as we currently observe, centralizing purchasing at the city or state level may enable purchasing entities to obtain better prices for these scarce products by purchasing larger quantities. [read post]
17 Apr 2020, 6:06 am
If a company has gone into administration, the appointed administrator can access the Scheme. [read post]
16 Apr 2020, 7:56 am
., have retooled their lending programs and begun facilitating Small Business Administration Paycheck Protection Program loans through major U.S. banks. [read post]
15 Apr 2020, 1:21 pm
Where the Chinese system will emphasize centralization, planning, and the superiority of the political sector, the liberal democratic versions will emphasize decentralization, markets (private power), and the superiority of the economic and societal sectors.Thus, the effects of COVID-19 will not be revolutionary in the sense of abandoning old systems. [read post]
14 Apr 2020, 1:11 pm
A core focus of the CARES Act is $350 billion in financial aid for small businesses through federal loans under a new Small Business Administration (“SBA”) loan program called the Paycheck Protection Program (the “PPP”). [read post]
14 Apr 2020, 4:21 am
The CDC states that its order is a “major rule” under the Administrative Procedures Act (APA) and has the full force and effect of a law passed by Congress. [read post]
6 Apr 2020, 3:20 pm
The CARES Act established the PPP by way of an amendment to Section 7(A) of the Small Business Act, thereby making the PPP a Business Loan Program. 13 CFR 121.103(a)(8) expressly provides that the affiliation rules for an applicant under any Business Loan Program of the SBA is set forth in 13 CFR 121.301. [read post]
4 Apr 2020, 10:40 am
The Special Inspector General will be responsible for conducting, supervising, and coordinating audits and investigations of “the making, purchase, management and sale of loans, loan guarantees, and other investments” by the Department of the Treasury under the CARES Act. [read post]
1 Apr 2020, 11:48 pm
Interpretation on Specific Issues on the Application of Law in Handling Criminal Cases of Loan Fraud (New Item). [read post]
31 Mar 2020, 6:57 am
Small Business Administration (SBA) regulations. [read post]
30 Mar 2020, 2:14 pm
This section further extends to the National Credit Union Administration (NCUA) the authority to increase to unlimited the share insurance coverage it provides on any noninterest-bearing transaction accounts to federally insured credit unions. [read post]
27 Mar 2020, 1:26 pm
The most important is the provision of liquidity for businesses and the self-employed through loans secured by the central government or backed by CESCE (Spanish export credit agency). [read post]
26 Mar 2020, 9:05 pm
The act will provide $1,200 to most Americans, extend unemployment coverage at full pay for four months, increase funding for the health care system, and provide loans for small businesses harmed by the pandemic. [read post]
26 Mar 2020, 9:11 am
(Subscription required) — Houston Chronicle State disaster declaration green-lights small-business loans — Economic Injury Disaster Loans, known as EIDL, offer up to $2 million per business at an interest rate of 3.75 percent for businesses which are unable to secure credit elsewhere. [read post]
