COVID-19 and M&A: Important Considerations for Sellers – Part Two of a Two-Part Series
In this segment, we will discuss practical considerations for entities who are contemplating a sale, whether during or after the pandemic.
COVID-19 and M&A: The Pandemic’s Impact on M&A Transactions – Part One of a Two-Part Series
The COVID-19 pandemic has impacted all aspects of business in the United States, M&A transactions in particular. The global IPO market ground to a halt in March of 2020, and corresponding developments in the M&A market were felt almost immediately.[1] By the end of March 2020, M&A levels for the first quarter of 2020 had…
Contracts and the COVID-19 Pandemic: Force Majeure and Other Considerations
Written By: Steve Lawrence & Miranda Preston In response to the COVID-19 pandemic, federal, state and local governments and health authorities have issued declarations of emergency, proclamations and orders intended to slow the spread of the virus. Many of these actions have resulted in businesses cancelling or postponing events and closing or limiting business operations…
Paycheck Protection Program Loan Forgiveness
The recently enacted CARES Act includes forgivable Paycheck Protection Program loans for small businesses (PPP Loan). While the CARES Act includes parameters for loan forgiveness, we expect more details when the Small Business Administration (SBA) issues regulations implementing the program. The CARES Act – Paycheck Protection Program Loan article outlined the method for determining the…
Hidden Risks for LLC Members Under the New Arizona Limited Liability Company Act
If you are a member or manager of an Arizona limited liability company (or professional limited liability company), your obligations may be significantly expanded under a law that begins to take effect as early as August of 2019. This article summarizes the impact of the new law relating to fiduciary duties of members and managers,…