Agribusiness
April 9, 2020
CARES Act for Agribusiness
This alert focuses on the implications for agribusiness' access to critical federal loan and grant programs related to the CARES Act.
Banking
April 30, 2020
CARES Act: Federal Reserve Expands, Clarifies Main Street Lending Program
April 20, 2020
Loans to PPP Lenders: The Paycheck Protection Program Lending Facility
April 11, 2020
CARES Act: The Launch of the Main Street Lending Program
We summarize the term sheets published by the Federal Reserve on April 9 and examine the practical implications on potential borrowers and lenders seeking to participate in the Main Street Lending Program.
March 29, 2020
CARES Act Provisions for Financial Institutions
We summarize loan programs and other relief available to financial institutions under the CARES Act.
March 29, 2020
Overview: CARES Act Provides Options for Lenders and Small Businesses (UPDATED April 4, 2020)
The CARES Act provides attractive options for many borrowers struggling during COVID-19 restrictions.
Bankruptcy
April 15, 2020
Small Business Bankruptcy Relief Under the CARES Act
Bankruptcy filings under the Small Business Reorganization Act of 2019, as expanded by the CARES Act, may now include larger businesses.
Business, Corporate and Securities
April 10, 2020
The Paycheck Protection Program: Determining Affiliation
The Paycheck Protection Program's 500-employee cap may seem straightforward, but the issue becomes murky when the SBA’s affiliation rules apply.
March 30, 2020
Essential Facts for Small Business Owners About the Paycheck Protection Program
(UPDATED April 4, 2020)
Patterned after the existing SBA 7(a) guaranteed loan program and funded with over $350 billion, banks and other eligible lenders can make loans to small businesses to pay interest, rent, utilities and employee wages and benefits.
Employee Benefits and Executive Compensation
March 29, 2020
The CARES Act and Employee Benefits
Our employee benefits group breaks down the CARES Act’s provisions for emergency leave, health plans, retirement plans, and more. The alert includes action steps for employers.
Government Services
April 1, 2020
COVID-19: CARES Act and Federal Policy Responses
This presentation explains the three-phase federal response to the COVID-19 pandemic.
Healthcare
March 30, 2020
Coronavirus Aid, Relief, and Economic Security (CARES) Act: Overview of Material Healthcare Provisions
We focus on the funding provisions in the CARES Act that are intended specifically to assist healthcare providers and suppliers.
March 30, 2020
Coronavirus Aid, Relief, and Economic Security (CARES) Act – Telehealth Provisions
Our healthcare group focuses on the provisions of the CARES Act that relate to the expansion of telehealth services.
Tax
March 30, 2020
Overview: A List of Specific Tax Relief Measures in the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act, H.R. 748 (“CARES Act”), passed both the Senate and the House and has now been signed by the President. It is believed to be the largest economic relief bill in U.S. history. The following is a high-level list of the tax relief items within the CARES Act.