The DOJ filed charges against the owner of two companies in Florida that provide Medicare services for submitting false and fraudulent claims in order to receive (i) reimbursement from Medicare and (ii) loans from the Paycheck Protection Program.
In separate publications, the Congressional Research Service provided information and analysis on COVID-19-related legal challenges, impacts on the U.S. economy, and China's actions since the outbreak.
The House Financial Services Committee considered legislation to (i) prohibit retail businesses from refusing cash payments and (ii) encourage an increase in mobile banking and electronic payment technologies.
Cadwalader attorneys analyzed a decision by the U.S. Court of Appeals for the Second Circuit affirming a ruling dismissing constructive fraudulent conveyance claims based on the Bankruptcy Code's safe harbor protections for certain financial contracts.
The IRS issued final regulations removing "minimum documentation requirements that ordinarily must be satisfied in order for certain related-party interests in a corporation to be treated as indebtedness for Federal tax purposes."