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June 18, 2020
Fiduciary Duties of Boards of Directors of Financially Distressed Companies in the Time of COVID
Read MoreJune 17, 2020
Q: “Are there certain expenses with respect to which EIDL funds cannot be used?”
Read MoreJune 17, 2020
Q: “It was initially suggested that EIDL recipients would receive an advance in the amount of $1k per employee (to be forgivable), and then the second round of funds, if available, would be distributed (as a loan). I received a lump sum instead of an advance, followed by a loan. Is there any guidance/clarifications to confirm what is considered the advance, and therefore forgivable, and what is considered the loan?”
Read MoreJune 17, 2020
Q: “What is the most recent guidance for those who received both a PPP and an EIDL, and what should be considered to maximize forgivability?”
Read MoreJune 16, 2020