March 30, 2020 Coronavirus and Cash Flow - Government Backed Forgivable Loan

Monday, March 30, 2020
As the authors previously indicated in the email that was sent to you last Monday, March 23, 2020, we plan on providing a series of educational emails that will address certain issues likely to be relevant to businesses over the coming year as a result of the COVID-19 pandemic, including issues related to: (a) freeing up/strengthening cash positions; (b) business recapitalizations in connection with new capital infusions (i.e., third party bail outs); (c) debt capital restructurings; (d) structuring business exits/sales; and (e) estate planning opportunities. What the authors of this email did not know last Monday, was that Congress and the President were going to pass H.R. 748, the “Coronavirus Aid, Relief, and Economic Security Act”... Read More