Our Insights
PPP Loans: Frenetic Fixes and Forgiveness
The rules related to Payroll Protection Program (“PPP”) loans are confusing. This article provides a summary and, hopefully, some clarity.
Continue ReadingRecent Developments Affecting Lenders
This month we (a) highlight an emerging split among the courts regarding the eligibility of companies in bankruptcy to receive loans under the Paycheck Protection Program, (b) review some recent bankr...
Continue ReadingGrocery Wars Are Back!
The Richmond Region Grocery Wars continue. Here's the latest update.
Continue ReadingVirginia Employers Subject to Multiple New State Statutes
This article summarizes multiple new state laws effective July 1, 2020 and thereafter in the Commonwealth of Virginia.
Continue ReadingInteragency Statement on Loan Modifications for Customers Impacted by COVID-19
An interagency statement was issued regarding loan modifications and reporting by financial institutions working with customers affected by COVID-19.
Continue ReadingSummary of the Paycheck Protection Program Created in the CARES Act
The Paycheck Protection Program was created as part of the CARES Act to relieve small businesses impacted by the Coronavirus pandemic.
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