Earlier this month, the Small Business Administration (“SBA”) published new guidelines targeted to making forgiveness applications easier on borrowers who... Read More »

After more than two months of implementation issues, outcry, and adjustments, Congress passed the Paycheck Protection Program Flexibility Act of... Read More »

On Monday, June 15, 2020, the Federal Reserve opened the Main Street Lending Program (the “MSLP”), which is designed to... Read More »

UPDATE: The Deadline To Apply noted below has been extended to August 8, 2020. On June 11, 2020, the SBA published revisions... Read More »

Update: Click here for revisions made by the SBA to the First Interim Final Rule on the Paycheck Protection Program (“PPP”) on... Read More »

In lieu of a public hearing, the Joint Committee on Financial Services, Chaired by Senate Chair James T. Welch, D-Hampton, and House Chair... Read More »

In our May 6, 2020 blog post on the CARES Act, we mentioned that a PPP borrower may repay a... Read More »

Below is a brief synopsis of some of the recent regulations and guidance pertaining to the CARES Act, which the Hospitality Practice... Read More »

Here is a brief update on the Massachusetts Business Interruption Insurance Act (the “Mass BI Act”). Since our last Client Alert on the Mass... Read More »

On March 27, 2020, President Donald Trump signed into law the “Coronavirus Aid, Relief, and Economic Security Act” also known... Read More »

On March 24, 2020, in response to the severe financial impact of the COVID-19 pandemic on hotel, restaurant, and retail... Read More »

Hotel and restaurant owners who, as a result of the COVID-19 crisis, have closed down or are operating only with... Read More »