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Banking and Financial Services
Comprehensive Overview of the Paycheck Protection Program
April 14, 2020
By Will Johnson and Perry MacLennanOn March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a historic $2 trillion stimulus package to provide financial assistance to individuals and businesses. One of the most important components of the CARES Act is the Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA).
Essential Services Guide to Keeping Workplaces and Employees Safe During COVID-19
April 10, 2020
Businesses operating on-site during the COVID-19 pandemic must take extra precautions to ensure they are not subjecting their employees and others on-site to an outbreak that can be avoided by reasonable protections.HSB and Synergi Partners Host Webinar on Coronavirus Relief Credits
April 09, 2020
Haynsworth Sinkler Boyd and Synergi Partners provided an overview of the economic relief options currently available to employers in the FFCRA and CARES Act during a webinar on April 7, 2020The Coronavirus Economic Stabilization Act: Key Provisions for the Financial Services Industry
April 03, 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act which authorizes the expenditure of $2 trillion in federal funds to combat the coronavirus. The Coronavirus Economic Stabilization Act of 2020, found in Title IV, Subtitle A of the CARES Act, provides regulatory relief to banks and other financial institutions as they attempt to address the financial needs of businesses and households affected by the COVID-19 pandemic.Interim Final Rule Implementing Paycheck Protection Program Issued
April 02, 2020
The Small Business Administration (SBA) issued an interim final rule on Thursday, April 2, to facilitate implementation of the Paycheck Protection Program, one of the hallmarks of the CARES Act signed into law on Friday, March 30.IRS Launches Employee Retention Credit
April 01, 2020
On March 31, 2020, the Internal Revenue Service (IRS) launched the Employee Retention Credit for employers who have been impacted by COVID-19. Below are details about the credit:Could Coronavirus Complicate My Contract?
March 11, 2020
After dominating the headlines for several months, the COVID-19 coronavirus entered the Palmetto State this weekend, as the South Carolina Department of Health and Environmental Control announced six presumptive positive cases of the illness from March 6 through March 8.David Caughran Selected for 2020 Class of Roper St. Francis Foundation Fellows
March 03, 2020
Haynsworth Sinkler Boyd is pleased to announce that David Caughran, an associate in the firm’s Charleston office, has been selected to join the 2020 Class of the Roper St. Francis Foundation Fellows Program.Stinson Ferguson Returns to Haynsworth Sinkler Boyd
February 18, 2020
Haynsworth Sinkler Boyd is pleased to welcome Stinson Ferguson back to the firm’s Greenville office as Special Counsel.Parker Barnes Named 2020 Leadership in Law Honoree
February 11, 2020
Haynsworth Sinkler Boyd is pleased to announce that Parker Barnes has been selected as one of the 2020 South Carolina Lawyers Weekly Leadership in Law honorees.