In the News

Compliance Hot Spots,

May 19, 2020

Morgan Lewis partner Andrew Budreika spoke with about the ending of the “safe harbor’ period for coronavirus (COVID-19) stimulus borrowers. “It has been a bit of a rollercoaster,” said Andrew in the article. “What they really said was, ‘We want you to go back and reassess the necessity of the funds.’ Some clients were truly out of options. Others, like a public company, perhaps, or a company with financial investors with additional capital to deploy, had a harder time getting comfortable with the certification.”

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