Apr 6, 2021 | Firm Overview Articles, Business & Corporate Law News
The Consumer Financial Protection Bureau (CFPB) proposed rules to prevent foreclosures and assist consumers as emergency federal foreclosure protections expire. The proposal includes temporary amendments to Regulation X’s mortgage servicing requirements regarding...
Jan 28, 2021 | Firm Overview Articles, Employee Benefits & ERISA News
As mentioned in Key Employee Benefits Provisions in CAA, Part 1: Health and Welfare Plan Provisions, the Consolidated Appropriations Act of 2021 (the “Act”) contains a number of employee benefit and executive compensation provisions, including extensive...
Jan 8, 2021 | Firm Overview Articles, Business & Corporate Law News
Rev. 01/11/2021 The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) will re-open the week of January 11th. In order to assist smaller borrowers who may have difficulties accessing the financial system, initially only community...
Dec 11, 2020 | Firm Overview Articles, Business & Corporate Law News
Key Highlights: SBA requires borrowers to recognize, as income, any loan payments made on behalf of a borrower by the SBA. SBA requires lenders to complete and send the necessary IRS forms to such borrowers. As part of the CARES Act, the Small Business Administration...
Dec 2, 2020 | Firm Overview Articles, Business & Corporate Law News
The Small Business Association (SBA) has released the specific loan information of Borrowers under the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). This release arises from a federal court ruling in early November. The SBA released...
