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The Small Business Administration will audit all PPP loans over $2 million before providing any loan forgiveness to these borrowers.
The economic impact of COVID-19 on the infrastructure sector is vast and, whilst helpful, the Australian Government’s recently introduced temporary relief for financially distressed businesses will not be enough to ensure the ongoing viability of many businesses.
The US DOJ again announces it won’t challenge an ongoing collaboration among competitors and government agencies to provide essential COVID-19 healthcare supplies.
The emergence and spread of COVID-19 has had far reaching impacts on public health, the economy and our way of life. Social distancing, travel restrictions, border closures and other emergency requirements have affected businesses around the globe.
Rubio announced that the Senate Committee on Small Business and Entrepreneurship will conduct aggressive oversight of the PPP.
After prolonged discussions, the German government together with the relevant ministries issued a draft bill on sanctioning corporate crimes (Verbandssanktionengesetz, “VerSanG”) in summer 2019.
Impacts for pharmaceutical companies in practice?
On April 8, 2020, the European Commission published a communication setting out a temporary framework for analyzing agreements entered into between competitors whose purpose is to address the urgent needs arising from the health crisis (the Temporary Framework).
Two recent employment cases have highlighted the importance of conducting investigations into employee misconduct correctly.
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