The Tortured Regulations Department: SBA’s New Rule And Its Effect On Investments
By EsqSocial Corporation 19/12/24
In a lengthy and complex effort, the U.S. Small Business Administration (SBA) issued a final rule on December 17, 2024, that amended many requirements related to small business contracting. As with most rules, there are some good, some bad and some unknown factors. In this first post on the new regulations, we focus only on the changes with the greatest effects on investments in and M&A transactions of small businesses: (1) updates to permissible minority shareholder controls and (2) a...
By: Morrison & Foerster LLP - Government