On May 23, 2020, the SBA released a pair of interim final rules relating to the Paycheck Protection Program (the…
Client Alert: Proposed Legislative Amendments to the Paycheck Protection Program – May 21, 2020
In the coming days, the U.S. House of Representatives is expected to vote on a bill (the “Proposed Bill”) addressing…
Client Alert: Interfacing PPP Loans with Existing Credit/Loan Agreements – May 19, 2020
Many credit/loan agreements contain express prohibitions against borrowers incurring additional indebtedness. These agreements often also include financial covenants that could…
GEABP Represents Plaintiff in Sexual Harassment and Discrimination Case against Indeed, Inc.
On May 18th, GEABP, together with its co-counsel Young & Ma LLP, filed a lawsuit in the United States District…
Client Alert: PPP Loan Forgiveness Calculator Issued by Treasury – May 16, 2020
The Paycheck Protection Program (PPP) is an unprecedented and fascinating example of colossal and continuously-changing fiscal policy. Until now the…
Client Alert: Paycheck Protection Program Update: Continued Guidance on “Necessity” Certification – May 14, 2020
On May 13, 2020, the Small Business Administration (SBA) updated the Paycheck Protection Program (PPP) Loans Frequently Asked Questions (FAQs)…
Client Alert: Federal Reserve Board Expands the Main Street Lending Program – May 4, 2020
On April 30, 2020, the Federal Reserve Board announced that it is expanding the scope of its new lending program…
Client Alert: New Treasury Rule Establishes a $20 Million Aggregate Maximum for PPP Loans to Businesses with Common Majority Owners – May 1, 2020
On April 30, 2020, the U.S. Treasury released a new Interim Final Rule for the Paycheck Protection Program (“PPP”), establishing…
Client Alert: SBA and Treasury Department Offer Further Guidance for PPP and the CARES Act – April 23, 2020
GEABP lawyers have routinely advised our clients to pay special attention to the loan certification requirements of the SBA’s Paycheck…
Client Alert- FFCRA Paid Sick Leave and Expanded Family & Medical Leave – April 17, 2020
On March 18, 2020, the Families First Coronavirus Response Act (the “FFCRA”) was signed into law. On April 1, 2020,…