08.07.24
On July 19, 2024, the U.S. Department of the Treasury published a Proposed Rule after first issuing a Notice of Proposed Rulemaking on July 8.
05.16.22
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine.
11.11.21
As employees clicked away at home amid the COVID-19 pandemic lockdown, ransomware attacks surged.
01.13.21
On December 28, 2020, the Federal Aviation Administration issued its first major expansion of operational regulations for small unmanned aircraft (sUAS or drones) since June 2016.
04.21.20
04.14.20
With many banks and credit unions electing to limit Paycheck Protection Program (PPP) loans to existing customers, many nonbank lenders are scrambling to fill the gap and take part in the $349 billion program prior to the end of the application period on June 30, 2020.
04.09.20
Although federal regulators repeatedly have assured banks that they can make Paycheck Protection Program (“PPP”) loans without fear of later reprisals, there remains the potential for liability under the federal False Claims Act.
04.08.20
We hope this alert finds you, your families and your colleagues healthy and safe in these challenging times.
04.01.20
While lending transactions generally do not fall within the scope of CFIUS jurisdiction, loans by foreign lenders that could result in the lender obtaining “control” of a U.S. business or in the lender’s acquisition of even a non-controlling investment in certain types of U.S. ...
03.11.20
In connection with a settlement with a Swiss company, the Office of Foreign Assets Control (OFAC) has extended its reach in an important development for foreign businesses which may utilize software or hardware originating from the United States.
