Certain provisions of the coronavirus economic stimulus legislation are subject to the ongoing issuance of government regulations and other government action; thus, certain details regarding the legislation may be clarified,...more
6/8/2020
/ Borrowers ,
Breach of Contract ,
CARES Act ,
Collateral ,
Coronavirus/COVID-19 ,
Eligibility ,
Enforcement Actions ,
Federal Reserve ,
Lenders ,
Main Street Lending Programs ,
New Guidance ,
Private Equity Funds ,
SBA ,
SBA Lending Programs ,
Secured Debt ,
Unsecured Debt
In the weeks since the Federal Reserve Board provided term sheets for two “Main Street” loan facilities (see also our prior Client Alert, “Federal Reserve-Initial Launch, Main Street Loan Facilities”), many of our clients as...more