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New flexibility for PE-backed businesses to access financial support schemes

The Coronavirus Business Interruption Loan Scheme (“CBILs”) and the Coronavirus Large Business Interruption Loan Scheme (“CLBILs”) were introduced by the UK Government as part of its financial support measures designed to help businesses weather the economic impact of the COVID-19 pandemic. Both schemes have the UK Government guaranteeing commercial loans from accredited private lenders to eligible businesses.

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Supreme Court's Credit Suisse Securities Decision Shields Corporate Insiders from Endless Liability for Short-Swing Profits Under § 16(b) of the Securities Exchange Act of 1934

Practices: Private Equity, Life Sciences, Corporate & Securities Litigation, Appellate & Supreme Court, Securities & Public Companies

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