January 2021

Commercial Real Estate Predictions for 2021

2020 was a year unlike any other. Trying to describe or characterize it understates and minimizes what happened.What’s in store for commercial real estate in 2021? Numerous discussions with clients and colleagues reveal guarded optimism based on a shared…

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…

Nasdaq Proposes Board Diversity Requirements

This publication was updated and featured in USLAW on March 17, 2021. Click here to view the PDF.Earlier this month, Nasdaq submitted a proposal (the “Proposal”) to the Securities and Exchange Commission (“SEC”) that would require listed companies …

SEC Issues Proposed Amendments Re: Compensatory Offerings (Rule 701 and Form S-8)

On November 24, 2020, the Securities and Exchange Commission (“SEC”) issued two proposed rules relating to compensatory offerings under Rule 701 and Form S-8. The SEC has based its proposed changes in large part on a concept release on this topic, orig…

November 2020

Federal Reserve Expands Scope of Main Street Lending Program

On October 30, 2020, the Federal Reserve announced amendments to the Main Street Lending Program to offer more targeted support to smaller businesses that continue to be adversely impacted by the COVID-19 pandemic. The Federal Reserve also released revised…