Thought Leadership - Manatt, Phelps & Phillips, LLP

An Updated Practical Guide for Small Businesses to Obtain a Paycheck Protection Loan Under CARES Act

On April 2, 2020 and April 4, 2020, the Small Business Administration (SBA) issued unusual interim final rules (the Rules) providing further detail regarding Paycheck Protection Program loans under the CARES Act. The Rules will take effect immediately upon publication in the Federal Register.

SBA Issues Interim Final Rule for Paycheck Protection Loans

On April 2, 2020, the Small Business Administration (SBA) issued an unusual interim final rule (the Rule) providing further detail regarding Paycheck Protection Program loans (PPP Loans) authorized under the CARES Act.

Emerging Companies and COVID-19 Two-Part Series

Like the rest of the business community, emerging startup companies are being presented with new and unexpected challenges brought on by the coronavirus pandemic.

Emerging Company Fundraising: What to Expect as a Result of COVID-19

As has become clear to all of us, the devastating spread of COVID-19, the disease caused by the novel coronavirus, has created a public health crisis, disrupted the global economy and challenged us to rethink the fundamental considerations of all businesses, especially the economic imperatives for emerging companies.

COVID-19: Evolving Cybersecurity Considerations for Businesses

Businesses’ responses to the COVID-19 health crisis, and in particular the increased demands for personnel to work remotely, present increased security risks and considerations.

Cybersecurity, Data Breach, Data Security, Privacy, COVID-19, Security Incident, Malware, Phishing

Telehealth Service Expansion Related to COVID-19

Congress, the Centers for Medicare & Medicaid Services (CMS), states and private payers have all acted over the past 10 days to dramatically expand access to telehealth services.

FDIC Offers De Novo Guidance for Nontraditional Applicants

In an attempt to help non-banks and fintechs understand the de novo application process, the Federal Deposit Insurance Corporation (FDIC) released new materials, including a supplement to its Deposit Insurance Application Procedures Manual (the Supplement) that describes special considerations and procedures for unique or complex proposals, such as those submitted by nontraditional...

FDIC, Consumer Financial Services, Fintech

The SEC Proposes to Expand Capital-Raising Opportunities for Reg D, Reg A and Crowdfunding Offerings

On March 4, 2020, the Securities and Exchange Commission (SEC) issued proposed rules to simplify certain aspects of exempt offerings with the goal of expanding access to capital for issuers and increasing opportunities for investors. The proposed rules are set forth in SEC Release No. 33-10763.

SEC, Securities and Exchange Commission

Estimating the ROI of Telehealth Programs

The literature speaking to the ROI of telehealth is decidedly mixed.

Manatt Fintech: What to Expect in 2020

Taking a break after eight brisk years of regulatory and litigious turbulence, the world of fintech and marketplace lending in 2019 was notable for being more business as usual, or what some might call a “ho hum” year of upward growth.