January 13, 2021 | New York Law Journal
Paycheck Protection Program 2.0: What Small Businesses Need To KnowThis article addresses the key features of PPP 2.0 for small businesses, incorporating the Interim Final Rule on the Paycheck Protection Program as Amended by the Economic Aid Act and the Interim Final Rule on PPP Second Draw Loans issued by the Small Business Administration on Jan. 6, 2021.
By Howard Berkower
15 minute read
August 28, 2020 | New York Law Journal
Attention Restaurants! Additional Financial Relief Is ComingRestaurants across the country are being required to significantly limit their "in house" dining capacity, forcing them to increasingly rely on takeout and delivery. Under these conditions, many will not survive the year without government assistance.
By Howard Berkower and William D. Brown Jr.
5 minute read
May 13, 2020 | Litigation Daily
SBA and Treasury Department Sued Over PPP Loan Guidance on the Good Faith Necessity CertificationRecent FAQ guidance from the Small Business Administration is causing great uncertainty for businesses that have received paycheck protection loans and are grappling with whether to return them, write litigators from McCarter & English.
By Howard Berkower, William D. Brown, Jr., Jonathan Pizarro-Ross and Scott J. Seger
5 minute read
April 23, 2020 | New York Law Journal
Mid-Sized Businesses May Be Eligible To Participate in the Main Street New Loan Facility and the Main Street Expanded Loan FacilityThe Treasury Department and Federal Reserve Board of Governors are leveraging the existing powers of the Federal Reserve under §13(3) of the Federal Reserve Act to provide credit to private enterprises under the "exigent" circumstances created by the COVID-19 pandemic.
By Howard Berkower, William D. Brown Jr. and Curtis A. Johnson
6 minute read
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