News

Firm Highlights

Publication/Podcast

PPP Forgivable Loan Program: How to Do the Math

(Originally published 4/2/2020, revised 4/3/2020) Thousands of articles are circulating about the new Paycheck Protection Program under the CARES Act signed into law on March 27. Having a general idea about how this Program...

Publication/Podcast

Is a Benefit Corporation Right for You?

Group of Hands
Matter

Online Education Services Provider Acquisition

Teenage boy
Matter

Allagash becomes Maine’s First Benefit Corporation

Allagash Benefit Event
Matter

Heating Oil and HVAC Systems Acquisitions

HVAC
Matter

Helping Non-Depository Trust Companies Do Business in Other States

Verrill has helped to form more non-depository trust companies in Maine than any other law firm. We have also helped our trust clients when they look to expand their business into other states. In...

Matter

Establishment of Non-Depository Trust for National Company

Verrill served as special counsel to a national firm in the chartering and licensing of a Maine non-depository trust company as the client’s wholly-owned subsidiary. Non-depository trust companies are highly regulated, and the matter...

Publication/Podcast

The SBA Paycheck Protection Program: An Overview

Good news, bad news. The good news is that the new Paycheck Protection Program (PPP) loans through the Small Business Administration (SBA) look like they will provide a much needed lifeline for small businesses...

Publication/Podcast

PPP Forgivable Loan Program: An Update from the SBA

The SBA has published an interim final rule that describes the Paycheck Protection Program. This includes a useful explanation of various elements of the Program. The rule can be found online: https://home.treasury.gov/system/files/136/PPP--IFRN FINAL.pdf...