Changes in Ownership - As a result of Congress creating the Paycheck Protection Program (PPP) as part of the Small Business Administration's 7(a) loan program, Congress encumbered PPP loans with many of the rules, regulations and standard operating procedures applicable to 7(a) loans, a good numb
In case you missed it, the Office of Postsecondary Education hosted a Higher Education Emergency Relief Fund (HEERF) webinar on October 14, 2020. The panelists included, among others, Diane Auer Jones, Principal Deputy Under Secretary, Robert L.
Our Securities Litigation and Securities Groups discuss the Securities and Exchange Commission’s new rules governing its whistleblower program that are designed to provide greater clarity to whistleblowers and increase the program’s efficiency and transparency....
The unprecedented Coronavirus Job Retention Scheme (CJRS) is coming to end, as scheduled, on 31 October. As covered in our previous bulletin, the CJRS is being replaced by the Job Support Scheme (JSS)....
Your divorce has just been finalized. Now what? Depending on the assets divided, there may be a number of steps that you have to take to implement the terms of your divorce. While your attorney likely provided some guidance upon completion of the divorce, here are 12 steps to consider....
A national lender, USAA Federal Savings Bank, entered into a consent order with the Office of the Controller of the Currency (“OCC”), which included an $85 million dollar civil money penalty for alleged "unsafe or unsound" banking risk management, compliance processes, and information technology
WHAT YOU NEED TO KNOW IN A MINUTE OR LESS - In civil litigation, litigants often seek information from third parties by using document subpoenas. In federal court, those subpoenas are governed by Rule 45 of the Federal Rules of Civil Procedure....
CMS's final FY 2021 inpatient rehabilitation facility (IRF) prospective payment system rule went into effect for discharges occurring on or after October 1, 2020. The rule amends certain coverage and documentation requirements, as discussed below....
On September 17, the OCC along with the Board of Governors of the Federal Reserve System and the FDIC published a final rule that makes technical corrections to certain provisions of the capital rule related to the standardized approach for counterparty credit risk (SA-CCR), which is used for cal
