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  • Madeline O. McElhanon

    Main Street Lending Program To Provide $600 Billion in COVID Relief For Businesses

    November 23, 2020
    As a component of the Coronavirus Aid, Relief & Economic Security Act, the Federal Reserve established the Main Street Lending Program to provide up to $600 billion in financing to businesses and nonprofit organizations negatively impacted by the onset of the COVID-19 pandemic.
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  • Best Law Firms

    Firm Ranked in 2021 Best Law Firms by U.S. News - Best Lawyers

    November 5, 2020
    Friday Eldredge & Clark, LLP has been ranked in the 2021 U.S. News - Best Lawyers® "Best Law Firms" list regionally in 41 practice areas. Ranked firms, presented in tiers, are listed on a national and/or metropolitan scale. Receiving a tier designation reflects the high level of respect a firm has earned among other leading lawyers and clients in the same communities and the same practice areas for their abilities, their professionalism and their integrity.
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  • Amie K. Alexander

    Amie Alexander

    ONC Delays Compliance Deadlines to 2021 Under 21st Century Cures Act Final Rule

    November 4, 2020
    The Office of the National Coordinator for Health Information Technology (ONC) has announced that it will delay compliance deadlines for information blocking and other health information technology (health IT) provisions that were previously set to go into effect on November 2, 2020. The compliance deadlines were set by the 21st Century Cures Act Final Rule, which can be viewed here. Citing additional time necessary as a result of the COVID-19 Public Health Emergency, the new deadline for complying with the rule’s information blocking prohibition has been extended until August 5, 2021.
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  • Top Influencers

    Attorneys Recognized as Top Influentials in State

    November 2, 2020
    Each year Arkansas Business recognizes the leaders in our state in their special issue "Arkansas 250: Most Influential Leaders." The list includes Attorneys Michelle Ator, Marvin L. Childers, Kevin A. Crass, Khayyam M. Eddings, Price C. Gardner for their work in the legal industry.
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  • Coronavirus Alert

    Federal Reserve Makes Adjustments to Main Street Lending Program Terms

    November 2, 2020
    On October 30th, the Federal Reserve Board announced two adjustments to the terms of its Main Street Lending Program. These changes are designed to better provide support to smaller for-profit businesses and nonprofit organizations.
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  • Wayne Young

    Eighth Circuit Affirms Dismissal of 40 Year Bank Employee’s Age Discrimination Claim

    October 27, 2020
    In McKey v. U.S. Bank Nat’l Ass’n, No. 19-2638 (8th Cir. October 23, 2020), the Eighth Circuit ruled in favor of the employer in a case where an employee alleged it had illegally fired her on account of her age and in retaliation for reporting suspected age discrimination. The Eighth Circuit is the federal jurisdiction of appellate courts that includes Arkansas, and therefore valuable points can be drawn from its analysis on how similar cases will be analyzed in Arkansas.
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  • Robert Smith & Madeline McElhanon

    Arkansas Banks Take Advantage of Low Rates on Subordinated Debt

    October 27, 2020
    With interest rates remaining historically low, a number of Arkansas banks have taken steps to secure an additional capital cushion through a subordinated debt offering. As reported earlier this year by American Banker, the pandemic has incentivized institutions to shore up capital as a protection against credit losses, as well as preparing to take advantage of potential lending and M&A opportunities.
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