News

The OCC’s CRA Regulatory Reboot

By EsqSocial Corporation 01/06/20

Immediately prior to his departure as the Comptroller of the Currency , Joseph Otting finalized the OCC’s restructuring of its version of the Community Reinvestment Act’s implementing regulations (the “CRA Amendments”) - while leaving to the newly...

How the Crisis Has Made Content More Valuable than Gold

By EsqSocial Corporation 01/06/20

For the past decade, marketers have been unified in their belief that content marketing is crucial to generating visibility, marketing expertise, and growing business, including among professional services firms....

Update on Proposed COVID-19 Insurance Coverage Legislation and Litigation: Are Cooler Heads Beginning to Prevail?

By EsqSocial Corporation 01/06/20

In the wake of government quarantine/shut down orders being executed in response to the pandemic, a flurry of bills were introduced in several states to retroactively create—by government fiat—business interruption insurance under property insurance...

SEC Staff Shows New Openness to Closed-End Fund Defenses

By EsqSocial Corporation 01/06/20

In a potentially significant reversal of a prior Securities and Exchange Commission (SEC) staff position that could enhance the ability of closed-end funds to defend against activist shareholders, the Division of Investment Management of the SEC on...

Federal Reserve Bank of Boston Releases Forms, Agreements, and Additional FAQs for Participation in Main Street Lending Program

By EsqSocial Corporation 01/06/20

The Federal Reserve Bank of Boston published the necessary legal forms and agreements for borrowers and lenders to participate in the Main Street Lending Program (Program) on May 27, 2020. In addition, the Federal Reserve Bank of Boston published...

NRC, DOE, and Congress Move on Advanced Reactors in May

By EsqSocial Corporation 01/06/20

The latter half of May has seen regulatory initiatives benefiting advanced reactors promoted across the government.   The US Nuclear Regulatory Commission (NRC) affirmed new guidance on non-light water reactor (non-LWR) methodologies, and the...

New PPP Loan Forgiveness and Loan Review Interim Final Rules: SBA May Review Any PPP Loan, Regardless of Size, Concerning Forgiveness, Use of Proceeds and Eligibility

By EsqSocial Corporation 01/06/20

The SBA released a set of interim final rules to provide additional guidance and clarity to borrowers and lenders both for loan forgiveness and for SBA loan review procedures under the Paycheck Protection Program (“PPP”).  The loan forgiveness...

NLRB Amendments to R Case Rules Slow Down Quickie Elections

By EsqSocial Corporation 01/06/20

On May 31, 2020, the NLRB’s long-awaited amendments to its procedures regarding the procedure and schedule of Representation or “R” cases will become effective, revising changes that went into effect in 2014. There are a number of changes, including...

The Upshot of Down Rounds

By EsqSocial Corporation 01/06/20

The impact of the Coronavirus and COVID-19 on venture capital investment will likely be similar to what we saw in the aftermath of the 2008 recession and the 2001 dot-com meltdown. VC investors will redirect their attention away from sourcing new...

Subchapter V and the Single Asset Real Estate Debtor in a COVID-19 World

By EsqSocial Corporation 01/06/20

Over a year ago, Congress amended the Bankruptcy Code to create Subchapter V, with the intent of encouraging small businesses (defined as those with less than $2,725,625.00 in debt) to file reorganization plans more often by saving certain costs of a...

Pages