Category: CORPORATE

Martin LLP is pleased to announce its role on the sale of Med Learning Group Holdings, LLC (“MLG”) to DW Healthcare Partners, a healthcare-focused private equity firm. Terms of the transaction were not disclosed. Martin LLP served as co-counsel to the selling shareholders and counsel to the management...

On January 5, 2023, the U.S. Federal Trade Commission (FTC) proposed a new rule which would prohibit the imposition of non-compete agreements in the employment context. The FTC’s view is that non-compete agreements are “exploitative” and can substantially harm workers, including in particular by preventing workers from...

With a booming economy and job market, the movement to eliminate non-competes continues to gain federal traction and remains at the forefront of discussions around innovation and economic growth. Most recently, on July 9, 2021, the Biden Administration issued its Executive Order on Promoting Competition...

On September 15, 2021, the House Ways and Means Committee approved certain tax proposals to be included in the “Build Back Better” $3.5 trillion reconciliation legislation. The legislation includes a number of tax increases designed in part to help defray the costs of the Biden...

A letter of credit can be an effective tool for a business when it is required to provide additional payment security to a third party. The letter of credit is essentially a guarantee by a bank or other financial institution (called an “issuer”) to a...

In previous posts, we have summarized the SBA’s Paycheck Protection Program (“PPP”) and certain related matters, including determination of borrower eligibility and steps borrowers can take to maximize loan forgiveness Click Here To View Previous Post. Following the overwhelming demand of the first round of...

Key Points: Unless your company is exempt, the Corporate Transparency Act will require you to disclose the beneficial owners of your company to the government This reporting requirement will take effect upon the issuance of enabling regulations, which are to be issued no later than...

Martin LLP advises a national banking institution as agent and lender in the funding of a ~$20M senior secured term loan credit facility under the Main Street Lending Program, proceeds to refinance existing debt and fund working capital at a global provider of emotional intelligence tests, training, and...

Announcement  Martin LLP is pleased to announce that we have advised a national banking institution as agent and lender in the closing of a $3.5M senior secured credit facility under the Main Street Lending Program, proceeds to refinance existing debt and fund working capital at...

Preparing for Potential Defaults under a Corporate Loan Agreement As the coronavirus pandemic continues to depress large swaths of the economy, many businesses continue to experience significant revenue shortfall, and in some instances cash flow has ceased entirely. Unfortunately, for corporate borrowers, this raises the...