American Rescue Plan Funds
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (H.R. 1319) (ARP) into law. The $1.9 trillion package is intended to combat the COVID-19 pandemic, including the public health and economic impacts. As a part of the ARP, the government has allocated $350 billion for “Coronavirus State and Local Fiscal Recovery Funds.” Click here to learn more.
How PE Firms’ Portfolio Companies Can Use Economic Development Incentives to Help Grow the Bottom Line Private equity firms acquire portfolio companies to increase the acquired company’s value and earn a return on the investment through a sale. Private equity firms’ portfolio companies are often engaged in activity that qualifies the operating business for economic development incentives, and using economic development incentives advances those goals. Opportunities to utilize incentives arise in both the acquisition and disposition of businesses, as well as during efforts to optimize operations. Click here to learn more.
Lessons from EDI Litigation When parties enter into an agreement for an economic development incentive, it’s almost always with a sense of optimism. For the political subdivision or economic development organization, it typically means winning a new project with the promise of good paying jobs and new investment. For the company developing the project, it frequently means the award of key economic development incentives to make the project successful. Click here to learn more.
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Contacts
William D.G. Baldwin 513.723.4030 wdbaldwin@vorys.com
 Aaron S. Berke 330.208.1017 asberke@vorys.com
 Kelly B. Bissinger 202.467.8844 kbbissinger@vorys.com
 Sean P. Byrne 614.464.8247 spbyrne@vorys.com
 Bryan H. Falk 216.479.6124 bhfalk@vorys.com
 Kimberly Weber Herlihy 614.464.8283 kwherlihy@vorys.com
 Nicholas R. House 216.479.6122 nrhouse@vorys.com
 Christopher J. Knezevic 614.464.5627 cjknezevic@vorys.com
 Joseph B. Mann 614.464.6313 jbmann@vorys.com
 Jacinto A. Núñez 330.208.1046 janunez@vorys.com
 J. Theodore Smith 614.464.6232 jtsmith@vorys.com
 Lindsay Doss Spillman 216.479.6199 ldspillman@vorys.com
 Jonathan K. Stock 614.464.5647 jkstock@vorys.com
 Jill S. Tangeman 614.464.5608 jstangeman@vorys.com
 Kristin L. Woeste 513.723.4684 klwoeste@vorys.com
 Scott J. Ziance 614.464.8287 sjziance@vorys.com

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