Duane Morris LLP
Across the United States, the Coronavirus has caused widespread devastation, marking its arrival with debilitating symptoms and tens of thousands of deaths.
Holland & Knight
The coronavirus (COVID-19) health crisis and associated economic downturn is expected to have a significant impact on commercial real estate lessees, as their ability to attract in-person customers and otherwise generate revenue suffers in the current climate.
On April 21, 2020, the US Securities and Exchange Commission ("SEC") proposed new rule 2a-5 under the Investment Company Act of 1940, as amended (the "Investment Company Act")
Cahill Gordon & Reindel LLP
On March 2, 2020, the Securities and Exchange Commission (the "SEC") adopted amendments to Rules 3-10 and 3-16 under Regulation S-X relating to the financial and non-financial disclosure...
Proskauer Rose LLP
On April 21, 2020, the Securities and Exchange Commission (the "SEC") proposed new Rule 2a-5 (the "proposed rule") under the Investment Company Act of 1940, as amended (the "1940 Act").
Much has been written about the impact of COVID-19 on prospective and, increasingly, pending M&A transactions, including how risk and uncertainty created by the virus are changing how deals...
Ropes & Gray LLP
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), commonly referred to as Phase 3 of the federal government's...
Cadwalader, Wickersham & Taft LLP
The SEC identified risks to be considered by market participants recommending or making investments in emerging markets.
There has been increasing discussion with respect to the accounting treatment of trade payable programs and whether the obligations of the entity that owes the receivable...
Kandi, which is based in China and went public through a reverse merger, sells parts to a joint venture, which uses the parts to manufacture electric vehicles.
Lewis Brisbois Bisgaard & Smith LLP
In initially analyzing the tax provisions of the CARES Act, we identified some opportunities for businesses to claim refunds of federal taxes paid for tax years preceding 2020.
Wilson Elser Moskowitz Edelman & Dicker LLP
With more and more frequency, accountants are asked to provide information, verify their work product or confirm information about their clients to non-client third-parties, such as loan brokers,...
Sheppard Mullin Richter & Hampton
The global health pandemic is a crisis affecting the health and well-being of our citizens, and a financial crisis of unknowable breadth and duration.
Lewis Brisbois Bisgaard & Smith LLP
Last month, the IRS extended the usual April 15 tax filing deadline to July 15. While this brings relief to those facing financial hardship due to the COVID-19 pandemic
Akin Gump Strauss Hauer & Feld LLP
COVID-19 is taking an immense toll on people and the economies on which they depend. In the midst of such disconcerting circumstances
Thompson Coburn LLP
Since our March 2020 blog post, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the "Agencies") published revised guidance clarifying the relationship between the March 22...
Clyde & Co
In response to the COVID-19 pandemic, the National Association of Insurance Commissioners' Statutory Accounting Principles Working Group is considering relief for insurers for an interim period.
Duff and Phelps
The World Health Organization (WHO) announced that COVID-19 (also known as coronavirus) has become a pandemic on March 11.
Cleary Gottlieb Steen & Hamilton LLP
On April 3, 2020, the SEC's Chief Accountant, Sagar Teotia, issued a Statement on the Importance of High-Quality Financial Reporting in Light of the Significant Impacts of COVID-19...
Ward and Smith, P.A.
We reported that, on March 9, 2020, the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corp., Consumer Financial Protection Bureau