Since Congress passed the landmark Coronavirus Aid, Relief, and Economic Security Act (CARES Act) last week, which is designed to provide financial relief to U.S. individuals and businesses in response to the economic fallout from the coronavirus (COVID-19) pandemic, business owners have rightfully been focused on the “Paycheck Protection Program” included under the CARES Act and how they might benefit from the provision of aid thereunder in the form of $349 billion in loan financing. This article, which is one of a series our firm is authoring in our effort to help individuals and businesses navigate our now rapidly shifting economic and legal landscape, distills the most important aspects of the program. More

On March 23, 2020, the Co-Directors of the Securities and Exchange Commission’s (“SEC”) Division of Enforcement issued a warning highlighting the need for heightened vigilance against insider trading amidst the market volatility caused by the novel coronavirus (COVID-19) pandemic. More