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News & Advisories

News & Advisories

Legal Alert

Client Alert: SBA Releases Formal Rules Regarding PPP Loan Forgiveness – May 25, 2020

May 25, 2020

On May 23, 2020, the SBA released a pair of interim final rules relating to the Paycheck Protection Program (the

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Legal Alert

Client Alert: Proposed Legislative Amendments to the Paycheck Protection Program – May 21, 2020

May 21, 2020

In the coming days, the U.S. House of Representatives is expected to vote on a bill (the “Proposed Bill”) addressing

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Legal Alert

Client Alert: Interfacing PPP Loans with Existing Credit/Loan Agreements – May 19, 2020

May 19, 2020

Many credit/loan agreements contain express prohibitions against borrowers incurring additional indebtedness. These agreements often also include financial covenants that could

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News

GEABP Represents Plaintiff in Sexual Harassment and Discrimination Case against Indeed, Inc.

May 19, 2020

On May 18th, GEABP, together with its co-counsel Young & Ma LLP, filed a lawsuit in the United States District

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Legal Alert

Client Alert: PPP Loan Forgiveness Calculator Issued by Treasury – May 16, 2020

May 16, 2020

The Paycheck Protection Program (PPP) is an unprecedented and fascinating example of colossal and continuously-changing fiscal policy. Until now the

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Legal Alert

Client Alert: The Good Guy Guaranty – The Benefits and Pitfalls – May 14, 2020

May 14, 2020

The  “good guy guaranty,” is a unique New York agreement designed to address the delays that landlords experience in attempting

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Legal Alert

Client Alert: Paycheck Protection Program Update: Continued Guidance on “Necessity” Certification – May 14, 2020

May 14, 2020

On May 13, 2020, the Small Business Administration (SBA) updated the Paycheck Protection Program (PPP) Loans Frequently Asked Questions (FAQs)

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Legal Alert

Client Alert: Federal Reserve Board Expands the Main Street Lending Program – May 4, 2020

May 4, 2020

On April 30, 2020, the Federal Reserve Board announced that it is expanding the scope of its new lending program

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Legal Alert

Client Alert: New Treasury Rule Establishes a $20 Million Aggregate Maximum for PPP Loans to Businesses with Common Majority Owners – May 1, 2020

May 1, 2020

On April 30, 2020, the U.S. Treasury released a new Interim Final Rule for the Paycheck Protection Program (“PPP”), establishing

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Legal Alert

Client Alert: SBA and Treasury Department Offer Further Guidance for PPP and the CARES Act – April 23, 2020

April 23, 2020

GEABP lawyers have routinely advised our clients to pay special attention to the loan certification requirements of the SBA’s Paycheck

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