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Peter Carson is a partner in the Finance & Bankruptcy Practice Group in the firm's San Francisco office and heads the firm’s Legal Opinions Committee.

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The $600 billion Main Street Loan program has been highly anticipated to provide financial support in the form of loans to small and medium-sized U.S. businesses affected by the COVID-19 pandemic. The Federal Reserve Bank of Boston that is administering the Main Street Loan program has released term sheets and various other program documents for the three types of loans, “New,” “Priority” and “Expanded,” as well as over 70 pages of Frequently Asked Questions (FAQs). As a result, the contours of the Main Street Loan program are now substantially settled[1] as the Fed announced publicly on Monday, July… Continue Reading Interplay of Main Street Lending Program Documents (the Rights and Role of the Main Street SPV)

About

Peter Carson is a partner in the Finance & Bankruptcy Practice Group in the firm's San Francisco office and heads the firm’s Legal Opinions Committee.