JD Supra

SBA Proposes to Amend its Negative Control Rule, Which Could Have Major Implications for Small Businesses and Minority Shareholder

Recently, the Small Business Administration ("SBA") issued a proposed rule, which could significantly alter the status quo for permissible negative control. Impacted small businesses and their ...
JD Supra

SBA Proposes Substantive Changes to Negative Control and Unconditional Ownership and Control Considerations Across Socioeconomic Programs: Key Considerations and Takeaways

It is important to first understand that under SBA’s affiliation regulation, it is not simply enough to ask who has the ability to make day-to-day and long-term decisions, but you also must consider ...