Recently, we published a brief article concerning the treatment of a PPP loan in a change of control transaction; specifically, the sale of a PPP borrower’s business. In our experience in such transactions, to date,
Category: Publications & Articles
Imagine the following scenario: perhaps even a typical scenario in today’s commercial real estate environment. A commercial landlord receives a notice from its tenant’s legal counsel. The notice...
How does a PPP loan that has not yet been forgiven get handled in a mergers and acquisitions (M&A) deal? “It depends.” Most clients are familiar with this phrase from their lawyer. In most cases...
September 3, 2020
Class Action Covid-19 Business Interruption Lawsuit Survives – For Now
A Federal Court in Missouri refused to dismiss a class-action lawsuit brought by Missouri and Kansas businesses seeking to invoke Business Interruption coverage from their insurance carrier. Class Representative...
By Our Firm’s Corporate and Business Transactions Practice Professionals In the wake of a nationwide crisis, the U.S. Small Business Administration (SBA) is offering low-interest small business loans for working...