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U.S. Treasury Department Issues Preliminary Guidance for Paycheck Protection Loans Under the CARES Act

On March 31, 2020, the U.S. Department of the Treasury (“Treasury”) issued preliminary guidance regarding implementation of the Paycheck Protection Program (“PPP”), which is the $349 billion program contained in the...more

The CARES Act: What Employers Need to Know (Part I)

On March 27, 2020, the U.S. House of Representatives approved the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”), a $2+ trillion aid and stimulus package, which includes a broad range of financial...more

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