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MVA recognized at The Deal Awards Middle Market 2020
(August 2020)

Moore & Van Allen was recognized for its work advising the senior management team of Yellowstone Landscape Group, Inc. in the sale of Yellowstone CIVC Partners to Harvest Partners and the reinvestment in the surviving company.


Mike Miller and Kathryn Hesman article published by Law360
(June 2020)

Charlotte Corporate Member Mike Miller and Associate Kathryn Hesman’s article titled, “Borrower Insights For Maximizing PPP Loan Forgiveness” was published by Law360 on June 25.


Mike Miller quoted in CBJ article regarding PPP changes
(June 2020)

Charlotte Corporate Member Mike Miller was quoted in the Charlotte Business Journal article titled, “Latest PPP changes deemed positive but more lie ahead” which was published June 12. Today’s Paycheck Protection Program is different from the early April version. Guidelines changed daily at first and continue to shift around loan requirements. Legislators passed additional changes last week in the PPP Flexibility Act to help more businesses qualify for forgiveness.


Mike Miller Quoted on Paycheck Protection Program Forgiveness Considerations
(May 2020)

Charlotte Corporate Member Mike Miller was quoted in the Charlotte Business Journal article titled, “North Carolina attorneys on what businesses should watch as PPP issues linger” which was published May 28. Small business owners, including those in Charlotte, scrambled to secure PPP funding as Covid-19 led to a wave of mandated closings. Businesses and their lenders were forced to move ahead quickly as limited guidance trickled in.


Forgiveness is Divine: Insight for PPP Borrowers to Maximize Loan Forgiveness

As businesses that have received funds (“Borrowers”) under the CARES Act’s Paycheck Protection Program (“PPP”) execute their COVID-19 survival strategies, it is important that these survival strategies are designed to take advantage of PPP program’s defining feature for Borrowers: loan forgiveness.  The PPP provides that loans made under the PPP (“PPP Loans”) may be forgiven if the Borrower meets certain criteria for the use of the PPP Loan proceeds and maintenance of employee headcount and compensation levels.  The forgiveness regime is governed by Section 1106 of the CARES Act, Interim Final Rules that have been issued by the Small Business Administration (“SBA”) thereunder (including the one Interim Final Rule, issued on April 2, 2020 (“IFR #1”) and another Interim Final Rule, issued on May 22, 2020 (“IFR #14) that each specifically deal with PPP Loan forgiveness), the forgiveness application posted to the Treasury Department website on May 16, 2020 (the “Forgiveness Application”) and the Paycheck Protection Program Flexibility Act (the “PPPFA”).


Carolyn Meade’s article published in Law360
Law360, (April 2020)

Charlotte Corporate Member Carolyn Meade‘s article titled, “Next Steps For Sellers Coping With Merger Terminations” was published by Law360 on April 27.


Treasury Department Again Issues New Guidance on PPP Loan “Necessary to Support Ongoing Operations” Certification

On April 23, 2020, the Treasury Department issued updated guidance (“FAQ 31”) regarding a confusing aspect of the CARES Act’s popular Payroll Protection Program (“PPP”).  A day later, on April 24, 2020, the Treasury Department issued a new Interim Final Rule (the “IFR”) formally implementing and expanding the scope of some of the PPP guidance in FAQ 31.  In applying for a PPP loan, among other things, applicants are required to certify that “current economic uncertainty makes this loan request necessary to support the ongoing operations” of the borrower (the “Necessity Certification”). 


Left at the Altar: Best Practices if COVID-19 Delayed or Cost You Your Sale

The COVID-19 pandemic is having a ripple effect across private financial markets.  2019 and the opening of 2020 set records for fundraising for private equity firms, and the market for investment in, and acquisition of, private companies.  Many founder-owned companies which, not 3 weeks ago, were within less than a month of closing a deal have been informed by their prospective acquirers that their transactions are “on hold”.  Others no longer have a deal, as investment committees and management teams re-evaluate purchase price, financial covenants and their responsibilities to existing portfolio companies and limited partners. 


Ernie Reigel named board of directors member for the Truist Foundation
(March 2020)

Charlotte Corporate Member and former MVA Chairman Ernie Reigel has been named a board of directors member for the Truist Foundation.  Along with key leaders from the heritage organizations of BB&T and SunTrust, Ernie is one of three outside community members that will be sitting on the board. The Truist Foundation has assembled a strong board of directors with valuable leadership experience, diverse perspectives and commitment to community engagement.  


Moore & Van Allen recognized by U.S. News and Best Lawyers with top-tier ‘Best Law Firms’ rankings
Firm honored regionally and nationally in 2020 rankings
U.S. News & World Report, (November 2019)

MVA is pleased to announce that U.S. News & World Report and Best Lawyers have ranked the firm nationally and regionally on the 2020 “Best Law Firms” list.


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