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Webcasts October 3, 2023
Webcast: M&A Insights – Buyer Liability for Sell-Side Breaches of Fiduciary Duty, the Impact of the Proposed Hart-Scott-Rodino Rule Changes, and Identifying Asset Sales that Require Stockholder Approval
Join us for a 30-minute briefing covering several M&A practice topics. The program is the third in a series of quarterly webcasts designed to provide quick insights into emerging issues and practical advice on how to manage common M&A problems.
Firm News November 15, 2022
Gibson Dunn Promotes 37 Lawyers to Partnership
Gibson, Dunn & Crutcher LLP has elected 37 lawyers to its partnership, effective January 1, 2023.
Client Alert June 8, 2020
President Signs Paycheck Protection Program Flexibility Act
On June 5, 2020, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (“PPP Flexibility Act”), which relaxes a number of requirements of and restrictions on the Paycheck Protection Program (“PPP”) established by the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and clarified by subsequent guidance from the Small Business Administration (“SBA”) and the U.S. Department of the Treasury.[i] The bill passed the House by a vote of 417-1 and the Senate by voice vote, reflecting the strong bipartisan support behind the legislation. Below is a summary of the major changes to the PPP instituted by the PPP Flexibility Act.
Client Alert May 18, 2020
Small Business Administration Publishes Loan Forgiveness Application
On May 15, 2020, the U.S. Small Business Administration (SBA) released the much anticipated loan forgiveness application for loans issued under the Paycheck Protection Program (PPP).
Client Alert April 29, 2020
Small Business Administration Publishes Additional Interim Final Rules and New Guidance Related to PPP Loan Eligibility and Accessibility
In the last week, as the U.S. Small Business Administration (“SBA”) prepared for additional Paycheck Protection Program (the “Program” or “PPP”) funding and began accepting—for the second time—applications from participating lenders, the SBA issued a series of new guidance materials related to Program eligibility, fund accessibility, and loan amount calculations.
Client Alert April 9, 2020
Analysis of Small Business Administration Memorandum on Affiliation Rules and FAQs on Paycheck Protection Program
On April 8, 2020, the U.S. Small Business Administration (SBA) published a memorandum and new Frequently Asked Questions clarifying the size standards and affiliation rules applicable to the Paycheck Protection Program (PPP).
Client Alert April 4, 2020
Small Business Administration Issues Interim Final Rule on Affiliation, Summary of Affiliation Tests, Lender Application Form and Agreement, and FAQs for Paycheck Protection Program
The U.S. Small Business Administration (“SBA”) published an interim final rule on affiliation (the “Affiliation IFR”) a summary of affiliation tests (the “Summary”), a lender application form and agreement, and FAQs, with respect to, the Paycheck Protection Program (the “Program” or “PPP” and such rule, the “Rule”).
Client Alert April 3, 2020
Small Business Administration Issues Interim Final Rule and Final Application Form for Paycheck Protection Program
On April 2, 2020, the U.S. Small Business Administration published an interim final rule regarding, and a “final” form application with respect to, the Paycheck Protection Program.