The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) is a forgivable loan program created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The purpose of the PPP, which has a $349...more
4/27/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Criminal Penalties ,
Department of Justice (DOJ) ,
Due Diligence ,
Federal Crimes ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
SBA ,
Small Business
A bankruptcy trust for creditors (including former workers and trade vendors) who lost significant sums of money in the Toys “R” Us Inc. (TRU) bankruptcy sued former Chief Executive Officer David Brandon, several other...more
As of March 27, 2020, eight states and commonwealths–California, Illinois, Michigan, Nevada, New Jersey, New York, Ohio, and Pennsylvania–have issued orders mandating the close of all businesses and organizations except...more
Crisis can create opportunity for business, but not all those opportunities are legal. Shortly after Superstorm Sandy slammed the Northeast, we in the offices of the New York and New Jersey Attorneys General warned businesses...more