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  In the case of Main Street Priority Loans and Expanded Loans, the Main Street Loan must be on a senior or pari passu basis in terms of collateral and payment priority with the borrower’s other debt (except for “mortgage debt”, which is generally defined as  (i) debt secured by real property or (ii) limited recourse equipment financings, including capital or finance leases). [read post]
28 Jun 2020, 9:01 pm by Neil Cahn
Can profits be reduced in order to fund new business opportunities, new equipment, etc.? [read post]
20 May 2020, 1:58 pm by Jason Rantanen
These efforts, as well as others to provide immunity to makers of personal protective equipment (PPE) and supplies are profiled below. [read post]
18 May 2020, 6:33 pm by scottgaille
These provisions generally also require the invoking party to provide details as to the time, location, personnel, and equipment affected by the event, and they may further require the submission of supporting documentation. [read post]
10 May 2020, 6:28 am by INFORRM
Pragmatic Rationale for Restrictions A pragmatic rationale is that, public authorities should, during the pandemic, prioritise dealing with immediate public health concerns e.g. advising on and enforcing social distancing guidelines, co-ordinating delivery of personal protection equipment, and scheduling cremations, and grave digging operations; requests for information should, in most cases, be a less pressing concern. [read post]
Professional investigators are better equipped to conduct investigations that are consistent with the law and likely to yield useful information. [read post]
31 Mar 2020, 7:58 am by scottgaille
  COVID-19’s impact is widespread (global), of an indeterminate duration (likely several months), and carries with it considerable uncertainty: (i) reductions to workforces due to infections and quarantines; (ii) government shelter-in-place restrictions that ban certain types of work altogether; (iii) government requisitions of supplies such as masks and other protective equipment; (iv) travel restrictions; (v) safety precautions at work sites designed to prevent the spread of… [read post]
22 Feb 2020, 6:11 am by Chris Wesner
representatives, officers, directors or employees (each, a “Buyer Party”) and save and hold each Buyer Party harmless against, Damages incurred or suffered by such Buyer Party resulting from or constituting: (a) any breach of a representation or warranty of the Seller contained in this Agreement or the Seller Certificate; (b) any failure by the Seller or any of the Principals to perform any covenant or agreement contained in this Agreement; (c) any Excluded Liabilities,… [read post]
23 Apr 2019, 6:00 am by Beth Graham
Meanwhile, Ironshore argues, with some support, that the explosion occurred above ground and started with Halliburton’s equipment. [read post]