Legal Updates

• Practices:

55 matches.

• Restaurant Revitalization Grant Program Provides Grants to a Wide Range of Eligible Entities
  Hinshaw Alert
  April 28, 2021
• PPP Deadline Extended, Preparing for Restaurant Revitalization Grants
  Hinshaw Alert
  April 2, 2021
• American Rescue Plan Revises Paycheck Protection Program and Shuttered Venue Operator Grant Program, Establishes Restaurant Revitalization Grant Program
  Hinshaw Alert
  March 23, 2021
• PPP Updates: Calculation of the Loan Amount and Use of Loan Proceeds for Individuals Who File IRS Form 1040, Schedule C and Revisions to Eligibility Rules
  Hinshaw Alert
  March 12, 2021
• Biden Administration Issues PPP Loan Revisions Focused on Small Businesses
  Hinshaw Alert
  February 26, 2021
• SBA and U.S. Treasury Issue Interim Final Rule on Paycheck Protection Program Loan Forgiveness
  Hinshaw Alert
  February 24, 2021
• FINRA Releases Annual Report Addressing Areas of Examination Focus for 2021
  Hinshaw Alert
  February 18, 2021
• Lender Obligations Under the Revived Paycheck Protection Program
  Hinshaw Alert
  February 16, 2021
• COVID-19 Relief Bill Creates Second Paycheck Protection Program
  Hinshaw Alert
  January 5, 2021
• SBA Issues FAQ on Questionnaires for PPP Loans in Excess of $2 Million
  Hinshaw Alert
  December 14, 2020
• SEC Adopts Exempt Offering Rule Changes That Increase Offering Limits and Harmonize Exempt Offerings
  Hinshaw Alert
  November 18, 2020
• SBA Questionnaires Increase Scrutiny for PPP Loans Over $2M
  Hinshaw Alert
  November 13, 2020
• SBA Provides Guidance on Rules for M&A Transactions Involving PPP Loans
  Hinshaw Alert
  October 8, 2020
• IRS Issues Guidance on Presidential Memorandum Payroll Tax Deferral Opportunity
  Hinshaw Alert
  September 11, 2020
• New Interim PPP Rules Address Owner-Employee Compensation, Sub-Tenants, and Rent Payments to a Related Party
  Hinshaw Alert
  September 10, 2020
• Community Banks and the COVID-19 Crisis: CBLR and CECL
  Hinshaw Alert
  September 10, 2020
• PPP Loans and M&A Transactions: Considerations for Lenders and Buyers
  Hinshaw Alert
  September 3, 2020
• New Supplemental Guidance Issued for PPP Loan Program
  Hinshaw Alert
  August 11, 2020
• Main Street Lending Program Expanded for Nonprofit Organizations
  Hinshaw Alert
  July 29, 2020
• SBA and Treasury Provide PPP Loan Forgiveness Applications
  Hinshaw Alert
  July 16, 2020
• A Summary of PPP Updates, Including Early Filing of Forgiveness Application
  Hinshaw Alert
  July 13, 2020
• Federal Reserve Expands Scope of Loan Options and Size of Eligible Businesses Under Main Street Lending Program
  Hinshaw Alert
  June 15, 2020
• Legislative Fix for PPP Loan Forgiveness Problems
  Hinshaw Alert
  June 4, 2020 | Updated June 9, 2020
• SBA Issues Interim Final Rule on PPP Loan Forgiveness
  Hinshaw Alert
  May 27, 2020
• SBA Releases PPP Loan Forgiveness Application
  Hinshaw Alert
  May 18, 2020
• SBA Provides Additional Guidance on Review of Economic Uncertainty Certifications Made by PPP Loan Applicants
  Hinshaw Alert
  May 13, 2020 | Updated May 14, 2020
• Federal Reserve Board Expands Scope and Eligibility of Main Street Lending Program
  Hinshaw Alert
  May 8, 2020
• PPP Loan Proceeds Return Date Extended, Tips on Preparing for a PPP Loan Audit
  Hinshaw Alert
  May 6, 2020
• IRS Position on the Deductibility of Expenses Paid with PPP Loan Proceeds
  Hinshaw Alert
  May 1, 2020
• Borrowers Beware: Audits of PPP Loans in Excess of $2 Million and Economic Uncertainty Certification
  Hinshaw Alert
  April 30, 2020
• SBA May Review Economic Uncertainty Certifications as Criticism Mounts Over PPP Loan Requests by Large Businesses with Adequate Sources of Liquidity and PPP Loan Forgiveness
  Hinshaw Alert
  April 24, 2020
• A Funding and Business Viability Checklist for Companies Contending with Effects of the COVID-19 Crisis
  Hinshaw Alert
  March 27, 2020
• Capital Simplification for Community Banking Organizations
  Hinshaw Alert
  October 29, 2019
• SEC Adopts JOBS Act Crowdfunding Rules
  Corporate / Financial Institutions Alert
  November 18, 2015
• Federal Reserve Revises Small Bank Holding Company Policy Statement by Increasing Asset Limit and Including Savings & Loan
  Corporate / Financial Institutions Alert
  April 15, 2015
• SEC Adopts Rules to Increase Access to Capital for Smaller Companies
  Corporate / Financial Institutions Alert
  March 30, 2015
• SEC Adopts Rules to Facilitate Smaller Companies' Access to Capital
  Corporate / Financial Institutions Alert
  March 26, 2015
• Illinois Appellate Court Reviews the Rights of a Lender as a Mortgage Holder Under a Standard Mortgage Clause in an Insurance Policy
  Corporate / Financial Institutions Alert
  March 25, 2015
• Accumulated Other Comprehensive Income (AOCI) Opt-Out Election
  Corporate / Financial Institutions Alert
  March 25, 2015
• Fed proposes rules to increase the asset limit under the Small Bank Holding Company Policy from $500 million to $1 billion
  Corporate / Financial Institutions Alert
  February 3, 2015
• U.S. Supreme Court Confirms Truth In Lending Act Rescission Notice Requirements
  Corporate / Financial Institutions Alert
  January 21, 2015
• AOCI Opt-Out Election Must be Made on Call Report or FR Y-9C (if applicable) for the Quarter Ending March 31, 2015
  Corporate / Financial Institutions Alert
  January 20, 2015
• FDIC Clarifies Bank Brokered Deposit Expectations and Requirements
  Corporate / Financial Institutions Alert
  January 15, 2015
• Good News for Community Banks — Legislation Enacted Which Doubles Threshold for Small Bank Holding Company Policy Statement
  Corporate / Financial Institutions Alert
  December 19, 2014
• Illinois Supreme Court Adopts Rules Relating to the Home Foreclosure Process
  Corporate / Financial Institutions Alert
  March 5, 2013
• CFPB Adopts Mortgage Servicing Rules
  Corporate / Financial Institutions Alert
  February 11, 2013
• Consumer Financial Protection Bureau Adopts Loan Originator Compensation and Qualification Rules
  Corporate / Financial Institutions Alert
  February 4, 2013
• SEC Approves NYSE and Nasdaq Rules on Independence of Compensation Committee Members and Advisers
  Corporate / Financial Institutions Alert
  January 31, 2013
• Consumer Financial Protection Bureau Adopts Ability to Repay and Qualified Mortgage Rules
  Corporate / Financial Institutions Alert
  January 24, 2013
• SEC Proposes to Eliminate the Prohibition Against General Solicitation and Advertising in Certain Private Offerings
  Corporate / Financial Institutions Alert
  September 20, 2012
• Listing Standards for Compensation Committees
  Corporate / Financial Institutions Alert
  July 19, 2012
• FRB, FDIC and OCC Issue Proposals Revising Bank Regulatory Capital Requirements and the Risk-Weighted Asset Rules
  Corporate / Financial Institutions Alert
  July 5, 2012
• JOBS Act—SEC Guidance on Scaled Disclosure and Other EGC Issues
  Corporate / Financial Institutions Alert
  May 23, 2012
• JOBS Act – SEC Guidance on Scaled Disclosure and Other Emerging Growth Company Issues
  Corporate / Financial Institutions Alert
  May 3, 2012
• Central District of Illinois Bankruptcy Rulings Present New Challenges to Perfection of Security Interests
  Corporate / Financial Institutions Alert
  April 24, 2012