You Can’t Spell Healthcare without “THC”: Arizona Voters Legalize Recreational Marijuana

Arizona Laws, Policy, Firm Articles, Healthcare

Just coming out of a lazy daze? Arizona voters recently puff-puff-passed Proposition 207, the “Smart and Safe Arizona Act,” legalizing the possession and recreational use of marijuana for users over age 21.[1]  Individuals are also permitted to grow no more than 6 marijuana plants in their residences, so long as the plants are contained in…

COVID-19 and M&A: The Pandemic’s Impact on M&A Transactions – Part One of a Two-Part Series

Policy, Firm Articles, Labor and Employment, COVID-19, Healthcare, Business and Corporate, Mergers & Acquisitions

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…

Congress Passes Favorable Amendments to the Payroll Protection Program

Policy, Firm Articles, Labor and Employment, COVID-19, Healthcare

The Payroll Protection Program (“PPP”) continues to be revised in ways that are favorable to physician practices and other small businesses.  In May, amidst growing uncertainty about whether businesses that took out loans under the PPP would be subject to second-guessing regarding their certification as to their need for the loans, the SBA and Department…

Paycheck Protection Program Loan Forgiveness

Firm Articles, Labor and Employment, COVID-19, Healthcare, Business and Corporate

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…

CARES Act – Paycheck Protection Program Loan

Policy, Firm Articles, Labor and Employment, COVID-19, Healthcare

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…