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The European Commission has finally disclosed its intention to challenge the Apple judgement delivered by the General Court on the 15th of July.1)General Court, 15 July 2020, Apple Sales International and Apple Operations Europe v Commission, Cases T-778/16 and T-892/16, ECLI:EU:T:2020:338. [read post]
Change of Ownership Transactions Where Prior SBA Approval is NOT Required If a PPP loan is not fully satisfied or repaid at the time of a change of ownership transaction, the October 2, 2020 Procedural Notice states that prior SBA approval will not be required if such transaction qualifies under either of the following two scenarios[8]: Equity Deals: (i) The sale or other transfer of 50%[9] or less of the ownership interest in the PPP borrower; or (ii) The PPP borrower has… [read post]
Change of Ownership Transactions Where Prior SBA Approval is NOT Required If a PPP loan is not fully satisfied or repaid at the time of a change of ownership transaction, the October 2, 2020 Procedural Notice states that prior SBA approval will not be required if such transaction qualifies under either of the following two scenarios[8]: Equity Deals: (i) The sale or other transfer of 50%[9] or less of the ownership interest in the PPP borrower; or (ii) The PPP borrower has… [read post]
Change of Ownership Transactions Where Prior SBA Approval is NOT Required If a PPP loan is not fully satisfied or repaid at the time of a change of ownership transaction, the October 2, 2020 Procedural Notice states that prior SBA approval will not be required if such transaction qualifies under either of the following two scenarios[8]: Equity Deals: (i) The sale or other transfer of 50%[9] or less of the ownership interest in the PPP borrower; or (ii) The PPP borrower has… [read post]
5 Oct 2020, 10:50 am by Daniel Nathan
In a closely-watched cryptocurrency case, on September 30, the Southern District of New York ruled in favor of the SEC in SEC v. [read post]
2 Oct 2020, 9:05 pm by Jasmine Wang
Vlach notes that most states have statutes designed to protect consumers from “deceptive practices in the sale or offer of goods and services. [read post]
2 Oct 2020, 7:24 am by Ronald Mann
The case, Rutledge v Pharmaceutical Care Management Association, presents a challenge to the validity of state laws that regulate the reimbursements that pharmacies receive when they sell prescription drugs. [read post]
Sales Tax Exemption for Re-rentals One of the issues that may be addressed in the upcoming Extraordinary Session is a unique tax imposition that has long created an unnecessary cost for some lessees of tangible personal property in the state.[4] Louisiana imposes sales and use tax on both the sale of tangible personal property and the rental of such goods.[5] Like other states that impose sales and use tax, Louisiana provides a resale exemption… [read post]