SBA Issues Additional Guidance on PPP Loan: Damn You Shake Shack and Why Does the SBA Hate Debtors in Possession?
On Friday, April 24, 2020 after President Trump signed the legislation increasing funding for PPP loans. At approximately the same...
Can a company with more than 500 employees get a PPP loan? Sometimes YES!
Apr 16, 2020
The Paycheck Protection Program (“PPP”) is geared to small business. The Small Business Administration (“SBA”) uses a very specific and...
Can loans available under the CARES Act help a business debtor in bankruptcy?
Apr 7, 2020
Over the past week, I’ve been asked whether there is anything in the CARES Act that can facilitate entrance, DIP,...
IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments
Apr 2, 2020
The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing...
Businesses may need to “social distance” too: affiliate rules and payroll protection loans.
Apr 2, 2020
For the past several weeks I have been closely following the legislation and rule making concerning the CARES Act, payroll...
IRS Announces More Details on the Economic Impact Payments
Apr 1, 2020
The Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be...
Former New Haven Tax Preparer is Sentenced
Jan 15, 2020
John H. Durham, United States Attorney for the District of Connecticut, announced that DEVON WILLIAMS, 30, of Atlanta, Georgia, was...
IRS Arrests Michael Avenatti, Cutting State Bar Hearing Short
Jan 15, 2020
IRS agents arrested embattled attorney Michael Avenatti in Los Angeles late Tuesday during a break in a hearing before the...
Justice Department Announces Settlement With Liberty Tax Service
Dec 4, 2019
Government and Liberty Jointly Propose Order Requiring the Company to Enact Compliance Controls Affecting more than 2,800 Liberty Tax Service...
Make Sure Your Bitcoin Password is Safe: Cryptocurrency Exchange Can’t Access $190 Million in Holdings!
Feb 9, 2019
Gerald Cotten, the founder of Canada’s biggest cryptocurrency exchange, QuadrigaCX, died unexpectedly due to complications with Crohn's disease. According to...
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RECENT GS LAW NEWS
- SBA Issues Additional Guidance on PPP Loan: Damn You Shake Shack and Why Does the SBA Hate Debtors in Possession?
- Can a company with more than 500 employees get a PPP loan? Sometimes YES!
- Can loans available under the CARES Act help a business debtor in bankruptcy?
- IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments
- Businesses may need to “social distance” too: affiliate rules and payroll protection loans.