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SOS Grant proceeds may not be used: to purchase real estate; for payments of interest or principal on loans originated after February 15, 2020; to invest or re-lend funds; or for contributions or expenditures to, or on behalf of, any political party, party committee, or candidate for elective office. [read post]
12 Jan 2021, 4:07 am by Vassilis Mavrakis
The judgment serves as useful guidance to shipping lenders and borrowers on the following points: The starting position is that, where rights are assigned to a lender on the condition that these will be re-assigned upon repayment, equity will place various types of duties on the lender in exercising those rights. [read post]
6 Jan 2021, 2:41 pm by vforberger
: Obviously, there is no fundamental re-working of the claim-filing process going on here. [read post]
6 Jan 2021, 7:10 am by Florian Mueller
Frankly, "penny-wise and dollar-foolish" is a gross understatement when you're dealing with a cost to Europe that is practically in the trillions of euros versus a cost in the billions.One of the things you'll hear from the EU Commission is that they deny any political reason behind the Sanofi deal. [read post]
4 Jan 2021, 1:26 pm by Kevin LaCroix
The directors’ and officers’ liability environment is always changing, but 2020 was a particularly eventful year, with important consequences for the D&O insurance marketplace. [read post]
4 Jan 2021, 1:13 pm by Jacob Schulz
Prove we’re wrong about this remarkably complicated question by raising more Series A funding, they dare. [read post]
2 Jan 2021, 12:43 pm by Russell Knight
If you’re obsessing about small accounts in your divorce, then you are my kind of person. [read post]
Second Tranche PPP Loan for an Existing PPP Borrower; Re-applying for a First Tranche PPP Loan The Act permits a business that borrowed a First Tranche PPP Loan to apply for a Second Tranche PPP Loan provided (i) the business is able to satisfy the more restrictive Second Tranche PPP Loan eligibility criteria and (ii) the First Tranche PPP Loan has been forgiven and/or repaid in full.[12] The Act also calls for the SBA to publish interpretive guidance by January 13, 2021 that permits a PPP… [read post]
  Second Tranche PPP Loan for an Existing PPP Borrower; Re-applying for a First Tranche PPP Loan The Act permits a business that borrowed a First Tranche PPP Loan to apply for and receive a Second Tranche PPP Loan provided (i) the business is able to satisfy the more restrictive Second Tranche PPP Loan eligibility criteria and (ii) the loan proceeds of the First Tranche PPP Loan will have been used in full on or before the expected disbursement date of the Second Tranche PPP Loan. [read post]
Second Tranche PPP Loan for an Existing PPP Borrower; Re-applying for a First Tranche PPP Loan The Act permits a business that borrowed a First Tranche PPP Loan to apply for a Second Tranche PPP Loan provided (i) the business is able to satisfy the more restrictive Second Tranche PPP Loan eligibility criteria and (ii) the First Tranche PPP Loan has been forgiven and/or repaid in full.[12] The Act also calls for the SBA to publish interpretive guidance by January 13, 2021 that permits a PPP… [read post]
30 Dec 2020, 7:02 pm
That is the essence of 2020, the manifestation of idealized purity, drunk on palm oil in the face of the tasks appointed it, creating in its wake a manifestation of itself  that reveals  its sometimes gross imperfections. [read post]
30 Dec 2020, 7:55 am by Bob Ambrogi
Estimates say it generally eats up 6-15 percent of gross revenue, depending on the size of the firm and the location of its offices. [read post]
27 Dec 2020, 11:01 am by Leandra Lederman
” (In case you’re wondering, nope, the IRS was not called the “Internal Revenue Bureau” back then. [read post]
24 Dec 2020, 5:52 pm by Russell Knight
But, if you’re prepared, you can use your second home as a strategic advantage in your upcoming Illinois divorce. [read post]
24 Dec 2020, 3:00 am by John Jenkins
  But my money’s on the Pope here, if only because I’m not sure that these folks fully realize with whom they’re dealing. [read post]
22 Dec 2020, 3:19 pm by David Super
  For example, many of the Affordable Care Act’s failings may be traced to President Obama’s insistence that its gross cost not exceed $1 trillion (even though all those costs would be paid-for). [read post]
22 Dec 2020, 9:43 am by CFM Admin
The event was so popular we’re bringing it back for 2021 as a webinar and we hope to see you there! [read post]
17 Dec 2020, 8:30 pm by Jim Sedor
National/Federal Attorney General William Barr to Step Down Politico – Josh Gerstein and Kyle Cheney | Published: 12/14/2020 Attorney General William Barr is leaving his position, a decision that follows months of complaints from President Trump about the administration’s top lawyer. [read post]
10 Dec 2020, 8:30 pm by Jim Sedor
National/Federal Barr Taps Durham as Special Counsel, Pushing Probe into Biden Era Politico – Kyle Cheney and Josh Gerstein | Published: 12/1/2020 Attorney General William Barr appointed U.S. attorney John Durham as a special counsel to investigate the origins of the FBI’s probe of Russian interference in the 2016 election. [read post]