On November 18, 2020, the IRS issued guidance to confirm its position that no deductions can be taken for expenses…
Client Alert: SEC Proposes Limited Broker Registration Exemption for Two Classes of “Finders”
On October 7, 2020, the Securities and Exchange Commission voted to propose a new limited, conditional exemption from the broker…
Client Alert: SEC Expands Definition of Accredited Investor
On August 26, 2020, the Securities and Exchange Commission (“SEC”) updated the definitions of “accredited investor” and of “qualified institutional…
Client Alert: SBA Releases Additional Interim Final Rule Regarding Forgiveness Qualifications Under the PPP – August 28, 2020
On August 24, the Small Business Administration released an additional interim final rule regarding forgiveness qualifications under the Payment Protection…
Client Alert: SBA releases updated guidance for the loan forgiveness process under the PPP – August 14, 2020
Late on August 11, the Small Business Administration (“SBA”) released updated guidance for the loan forgiveness process under the Payment…
Client Alert: Proposed Regulations On Carried Interests Would Impact Many Fund Managers – August 6, 2020
The IRS issued proposed regulations on July 31, 2020 to provide guidance that would impact many investment fund and hedge…
Client Alert: Essential State Planning Documents July 15, 2020
Lately we have been getting calls from existing clients and new clients asking if their estate planning documents need to…
Client Alert – SBA Unveils “EZ” Forgiveness Application Form – June 19, 2020
Late on Wednesday June 17, the Small Business Administration (the “SBA”) released additional guidance in relation to the Paycheck Protection…
Client Alert: House Passes Bill Easing Restrictions on PPP Loan Forgiveness – May 30, 2020
On May 28, 2020, by a vote of 417 to 1, the U.S. House of Representatives approved the Paycheck Protection…
Client Alert: SBA Releases Formal Rules Regarding PPP Loan Forgiveness – May 25, 2020
On May 23, 2020, the SBA released a pair of interim final rules relating to the Paycheck Protection Program (the…