Last week, the Small Business Administration (SBA) began asking SBA Paycheck Protection Program (PPP) lenders to issue over 50,000 loan necessity questionnaires to borrowers that received $2 million or more in funds from the...more
Since the June 2 confirmation of Brian Miller as the new Special Inspector General for Pandemic Recovery (“SIGPR”), oversight of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) has jumped up a...more
Famous former Nevadan Mark Twain reportedly once said: “We have the best legislature money can buy.” For all the talk about there being too much money in politics—and there is a lot of money in politics—there are also a lot...more
As lawmakers debate the contours of the next COVID-19 economic response package, extending legal liability protections to businesses has emerged as a central sticking point between congressional Republicans and Democrats....more
The coronavirus pandemic has taken a tremendous toll on the country, but the Nevada economy is being impacted in ways that we have never contemplated. Gov. Steve Sisolak has demonstrated strong leadership in the face of this...more
As part of its ongoing effort to provide guidance on how the Paycheck Protection Program (“PPP”) is supposed to work, the Small Business Administration (“SBA”) has been issuing “Frequently Asked Questions” or “FAQs.” While...more
In response to the most significant public health crisis in a generation, the federal government has appropriated billions of dollars in new spending aimed at providing relief to individuals, businesses and governmental...more
The Small Business Administration (“SBA”) released revised guidelines today that allow otherwise eligible small gaming businesses to be able to participate in the Paycheck Protection Program (“PPP”). This marks a reversal of...more
We are “at war” with the coronavirus, and the country has increasingly adopted a quasi-wartime crisis footing. While people are doing everything they can to save their businesses, it’s important to make sure they are setting...more
On March 20, 2020, Nevada Gov. Steve Sisolak issued Declaration of Emergency Directive 003 (the “Directive”) and ordered non-essential businesses, as defined by separate emergency regulations, to close effective March 20,...more