Related insights: Public Finance


New CARES Act Funding Approved, Including Additional $310 Billion for Paycheck Protection Program; Increased Scrutiny Expected

Apr 24 2020
On Friday, April 24, 2020, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act (the “Act”), which amends the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The $484 billion relief package includes a $310 billion increase in funding for the Paycheck Protection Program (“PPP”), bringing the total authorized funding for the PPP to $659 billion. The Act also provides an additional $10 billion to the Small Business Administration (the “SBA”) to provide emergency grants of up to $10,000 under the Economic Injury Disaster Loan (“EIDL”) program, and an additional $50 billion for the SBA to provide EIDL emergency loans.

49 Lawyers and 18 Practice Areas Recognized in Chambers USA 2020

Apr 23 2020
Womble Bond Dickinson (US) LLP is pleased to announce that 49 attorneys and 18 state-level practice areas have been ranked in the 2020 edition of Chambers USA: America’s Leading Lawyers for Business. This includes three attorneys who have been recognized in Chambers’ High Net Worth (HNW) Guide. Six practices earned Band 1 rankings, and 11 lawyers received one or more Band 1 rankings.