Stephen P. Morrissey practices in the area of corporate law. Mr. Morrissey has experience with mergers and acquisitions, private equity, securities law and corporate compliance.
Mr. Morrissey is a 2016 graduate of the University of Pennsylvania Law School, where he was associate editor of Vol. 17 of the University of Pennsylvania Journal of Constitutional Law and Vol. 9 of the University of Pennsylvania East Asia Law Review, and a summa cum laude graduate of the University of Pennsylvania.
Areas of Practice
Corporate Law
Representative Matters
- Represented UL Holdings, the owner of UrbnLeaf, a cannabis business based in San Diego, California, in its offering of Series A Preferred Stock to investors, as well as the issuance of certain Convertible Promissory Notes.
Represented Catalent Biologics’ (NYSE: CTLT) Paragon Gene Therapy unit, the leading viral vector development and manufacturing partner for gene therapies, in its acquisition of manufacturing equipment and related assets from, and strategic partnership with, Novavax, Inc. (Nasdaq: NVAX), a late-stage biotech company developing next-generation vaccines for infectious diseases; the transaction expands Paragon’s gene therapy business and offers Novavax a cost-effective solution to its manufacturing needs.
Admissions
- Pennsylvania
- Delaware
Education
- University of Pennsylvania Carey Law School, J.D., 2016
◦ Associate Editor, University of Pennsylvania Journal of Constitutional Law, Vol. 17
◦ Associate Editor, University of Pennsylvania East Asia Law Review, Vol. 9 - University of Pennsylvania, B.A., summa cum laude, 2012
Experience
Duane Morris LLP
- Associate, 2018-presentSkadden, Arps, Slate, Meagher & Flom
- Associate, 2016-2018
Selected Publications
- Co-author, "President Signs PPP Extension Act of 2021, New Application Deadline May 31, 2021; Shuttered Venue Operator Grant Applications to Open April 8," Duane Morris Alert, April 1, 2021
- Co-author, "American Rescue Plan Becomes Law, with Additional Small Business Assistance and Changes to the Paycheck Protection Program," Duane Morris Alert, March 12, 2021
- Co-author, "Economic Aid Act Brings Further Changes to Paycheck Protection Program and Loan Forgiveness Time Frames," Duane Morris Alert, January 29, 2021
- Co-author, "SBA Releases Rules on PPP Loans in Connection with December 2020 COVID-19 Relief Bill," Duane Morris Alert, January 12, 2021
- Co-author, "Business Loan Program Changes and PPP First-Draw Loan Terms as Amended by Economic Aid Act," Duane Morris Alert, January 12, 2021
- Co-author, "December COVID-19 Relief Bill – Shuttered Venue Operator Grants," Duane Morris Alert, December 28, 2020
- Co-author, "December COVID-19 Relief Bill – Second PPP Loans Available for Certain Businesses; Changes to PPP Loan Terms and Conditions," Duane Morris Alert, December 28, 2020
- Co-author, "Small Business Administration Releases New FAQ on Loan Forgiveness Review," Duane Morris Alert, December 22, 2020
- Co-author, "Small Business Administration Releases New Interim Final Rule on PPP Loan Forgiveness," Duane Morris Alert, October 14, 2020
- Co-author, "Small Business Administration Releases Procedural Notice for Businesses Undergoing Changes in Ownership," Duane Morris Alert, October 8, 2020
- Co-author, "Small Business Administration Releases New Interim Final Rule on Paycheck Protection Program Loan Forgiveness," Duane Morris Alert, September 1, 2020
- Co-author, "Small Business Administration Releases Guidance on the Appeals Process for Paycheck Protection Program Loans," Duane Morris Alert, August 20, 2020
- Co-author, "Small Business Administration Releases FAQs on Paycheck Protection Program Loan Forgiveness," Duane Morris Alert, August 7, 2020
- Co-author, "Small Business Administration Releases Revised Eligibility Rules for Paycheck Protection Program," Duane Morris Alert, June 29, 2020
- Co-author, "Small Business Administration Releases Rules Following Paycheck Protection Program Flexibility Act," Duane Morris Alert, June 15, 2020
- Co-author, "Congress Passes Paycheck Protection Program Flexibility Act to Revise Key Components of Paycheck Protection Program," Duane Morris Alert, June 5, 2020
- Co-author, "SBA Releases New Interim Final Rule on Review Procedures and Borrower and Lender Responsibilities for Paycheck Protection Program Loans," Duane Morris Alert, May 26, 2020
- Co-author, "SBA Releases Paycheck Protection Program Loan Forgiveness Application, Interim Final Rule," Duane Morris Alert, May 19, 2020
- Co-author, "Small Business Administration Releases Interim Final Rule on Counting Foreign Affiliate Employees under the Paycheck Protection Program," Duane Morris Alert, May 19, 2020
- Co-author, "SBA Further Clarifies Economic Necessity Certification and Audit Procedures for Paycheck Protection Program Loans and Extends Safe Harbor Deadline to May 18, 2020," Duane Morris Alert, May 13, 2020
- Co-author, "SBA Extends Safe Harbor Date for Repayment of Paycheck Protection Program Loans and Clarifies Rules for Counting Employees of Foreign and U.S. Affiliates," Duane Morris Alert, May 6, 2020
- Co-author, "Small Business Administration Opens Economic Injury Disaster Loan Applications to Agricultural Businesses," Duane Morris Alert, May 5, 2020
- Co-author, "CARES Act 2.0 Update on Hot Topics – Need Certifications, Forgiveness, Audits, Tax Deductions, Seasonal Business Loan Applications and Nonprofit Hospital Loan Eligibility," Duane Morris Alert, May 4, 2020
- Co-author, "CARES Act 2.0 Shores Up COVID-19 Economic Relief Programs," Duane Morris Alert, April 24, 2020
- Co-author, "SBA’s Interim Final Rule Clarifies Paycheck Protection Program Loan Eligibility Requirements," Duane Morris Alert, April 17, 2020
- Co-author, "SBA and Treasury Release FAQs on Paycheck Protection Program Loans," Duane Morris Alert, April 8, 2020