January 2021

SBA Issues New Guidance on First and Second Draw PPP Loans

On January 8, 2021, the Small Business Administration (“SBA”) issued two Interim Final Rules containing guidance related to the Economic Aid Act signed into law at the end of last year, which provided funds for new first draw Paycheck Protection Progra…

December 2020

New Coronavirus Relief Package includes Second Draw PPP Loans and Changes to Existing PPP Loans

This alert was updated on December 28, 2020.Late on December 27, 2020, President Trump signed into law a new coronavirus relief bill, which included changes to existing Paycheck Protection Program (“PPP”) loans issued under the CARES Act, and the abili…

COVID-19 Vaccination Policies: EEOC Weighs In

On December 16, 2020, the Equal Employment Opportunity Commission (EEOC) updated its guidance to include FAQs on the administration of the COVID-19 vaccine in the workplace. Like other guidance relating to COVID-19 issues, there may be changes as more info…

Nasdaq Proposes Board Diversity Requirements

Earlier this month, Nasdaq submitted a proposal (the “Proposal”) to the Securities and Exchange Commission (“SEC”) that would require listed companies to meet certain board diversity metrics.  In response, the SEC has issued a Notice of Filing of …

How the Construction Industry Can Adapt to COVID-19 Disruption

Attorneys James J. Barriere and Chad J.

Impact of COVID-19 on Loan Documents

Lender responses to the pandemic have diverged based on the types of assets involved. While the long-term effects of COVID-19 on loan documents and requirements remain to be seen, there are some common accommodations and adjustments that many lenders and b…