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…

CARES Act – Paycheck Protection Program Loan

On Friday, March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) in response to the COVID-19 pandemic.  The CARES Act includes a forgivable small business loan program: the Paycheck Protection Program (PPP).  Under the PPP loan program, forgivable loans of up to $10 million will be available…