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Home Court filings Concert Investor, LLC v. Small Business Administration Appellant's Opening Brief — Concert Investor LLC v. SBA

Court filing

Appellant's Opening Brief — Concert Investor LLC v. SBA

Filed July 17, 2023 in Concert Investor v. SBA; one of 3 filings from this case.

Record facts

CourtU.S. Court of Appeals for the District of Columbia Circuit
Filed2023-07-17

Full text

[ORAL ARGUMENT NOT YET SCHEDULED] 
No. 22-5253 
IN THE UNITED STATES COURT OF APPEALS 
FOR THE DISTRICT OF COLUMBIA CIRCUIT 
CONCERT INVESTOR, LLC, 
Plaintiff-Appellant, 
- v. -
SMALL BUSINESS ADMINISTRATION; ISABELLA CASILLAS 
GUZMAN, ADMINISTRATOR, SMALL BUSINESS 
ADMINISTRATION, 
Defendants-Appellees. 
On Appeal from the United States District Court  
for the District of Columbia 
Case No. 1:21-CV-03150-CJN  
FINAL BRIEF FOR PLAINTIFF-APPELLANT  
CONCERT INVESTOR, LLC 
Michael Weisbuch 
AKIN GUMP STRAUSS HAUER &
FELD LLP 
100 Pine Street 
Suite 3200 
San Francisco, CA 94111 
(415) 765-9500 
James E. Tysse 
Caroline L. Wolverton 
Lide E. Paterno 
Michael W. Fires 
AKIN GUMP STRAUSS HAUER &
FELD LLP 
2001 K Street NW 
Washington, D.C. 20006 
(202) 887-4000 
jtysse@akingump.com 
Attorneys for Plaintiff-Appellant Concert Investor, LLC
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CERTIFICATE AS TO PARTIES, RULINGS, AND RELATED 
CASES 
A. 
Parties and Amici 
Plaintiff-Appellant is Concert Investor, LLC.  
Defendants-Appellees are the Small Business Administration, 
Isabella 
Casillas 
Guzman, 
Administrator, 
Small 
Business 
Administration. 
There are currently no parties who have intervened or moved to file 
an amicus brief before this Court. 
B. 
Rulings Under Review 
The rulings under review are the Order denying Plaintiff-
Appellant’s Motion for Summary Judgment, granting Defendants-
Appellees’ Cross-Motion for Summary Judgment, and entering judgment 
for Defendants-Appellees (ECF No. 74) (JA 786), the accompanying 
opinion (ECF No. 73) (JA 769-785), and all orders encompassed within 
the final judgment, issued by the Honorable Carl J. Nichols.  The Order 
and opinion were entered by the United States District Court for the 
District of Columbia on July 25, 2022. 
C.   Related Cases 
Counsel is not aware of related cases. 
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Pursuant to Federal Rule of Appellate Procedure 26.1 and Circuit 
Rule 26.1, Plaintiff-Appellant states that Concert Investor, LLC is a 
Tennessee corporation that produces, organizes, and manages live 
concerts and other events by performing artists.  Concert Investor, LLC 
has no parent company, and no publicly held company has a 10% or 
greater ownership interest in Concert Investor, LLC. 
/s/ James E. Tysse 
 
James E. Tysse
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TABLE OF CONTENTS 
CERTIFICATE AS TO PARTIES, RULINGS, AND RELATED 
CASES ........................................................................................................ i
TABLE OF AUTHORITIES ...................................................................... v
GLOSSARY .............................................................................................. ix
JURISDICTIONAL STATEMENT ........................................................... 1
STATEMENT OF ISSUES ........................................................................ 2
STATUTES AND REGULATIONS .......................................................... 3
INTRODUCTION ...................................................................................... 3
STATEMENT OF THE CASE .................................................................. 5
I.
STATUTORY FRAMEWORK ................................................. 5
II.
FACTUAL BACKGROUND .................................................... 9
A.
Concert Investor’s Business ........................................... 9
B.
The Banditø Tøur ......................................................... 10
C.
The COVID-19 Pandemic ............................................. 15
III.
PROCEDURAL HISTORY .................................................... 15
SUMMARY OF ARGUMENT ................................................................. 21
STANDARD OF REVIEW....................................................................... 23
ARGUMENT ........................................................................................... 24
I.
THE SBA ACTED ARBITRARILY, CAPRICIOUSLY, 
AND CONTRARY TO LAW IN DENYING CONCERT 
INVESTOR’S GRANT APPLICATION. ............................... 24
A.
Concert Investor 
Produces, 
Organizes, 
And 
Manages Live Concerts ................................................ 25
B.
The SBA Erroneously Concluded That Concert 
Investor 
Is 
Not 
A 
Live 
Performing 
Arts 
Organization Operator ................................................. 28
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C.
The Government’s Arguments Are Unpersuasive ...... 41
D.
In All Events, A “Lighting And Sound Producer” Is 
Still A “Producer” ......................................................... 49
II.
AT A MINIMUM, REMAND TO THE AGENCY IS 
REQUIRED ........................................................................... 52
A.
The District Court Erred In Crediting The 
Agency’s Post Hoc Interpretation Of The Word 
“Produces” .................................................................... 52
B.
The District Court Erred In Granting Summary 
Judgment On Concert Investor’s Claim Of 
Disparate Treatment ................................................... 55
CONCLUSION ........................................................................................ 60
ADDENDUM 
15 USC § 9009a ......................................................................... Add. 1 
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TABLE OF AUTHORITIES 
CASES: 
Alpharma, Inc. v. Leavitt, 
460 F.3d 1 (D.C. Cir. 2006) ................................................................. 53 
American Ass’n of Cosmetology Schools v. Devos, 
258 F. Supp. 3d 50 (D.D.C. 2017) ....................................................... 52 
ANR Storage Co. v. Federal Energy Regul. Comm’n, 
904 F.3d 1020 (D.C. Cir. 2018) ..................................................... 56, 59 
Ark Initiative v. Tidwell, 
816 F.3d 119 (D.C. Cir. 2016) ............................................................. 23 
Associated Builders & Contractors, Inc. v. Herman, 
166 F.3d 1248 (D.C. Cir. 1999) ........................................................... 24 
Association of Am. R.Rs. v. Costle, 
562 F.2d 1310 (D.C. Cir. 1977) ..................................................... 25, 42 
AT&T Corp. v. FCC, 
86 F.3d 242 (D.C. Cir. 1996) ............................................................... 37 
Baltimore Gas & Elec. Co. v. Federal Energy Regul. Comm’n, 
954 F.3d 279 (D.C. Cir. 2020) ............................................................. 56 
Bowman Transp., Inc. v. Arkansas-Best Freight Sys., Inc., 
419 U.S. 281 (1974) ....................................................................... 37, 38 
Christopher v. SmithKline Beecham Corp., 
567 U.S. 142 (2012) ............................................................................. 54 
City of Dania Beach v. FAA, 
628 F.3d 581 (D.C. Cir. 2010) ............................................................. 58 
CTS Corp. v. EPA, 
759 F.3d 52 (D.C. Cir. 2014) ............................................................... 58 
Delaware Riverkeeper Network v. FERC, 
753 F.3d 1304 (D.C. Cir. 2014) ........................................................... 40 
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Department of Homeland Sec. v. Regents of the Univ. of Cal., 
140 S. Ct. 1891 (2020) ................................................................... 52, 54 
Edison Elec. Inst. v. EPA, 
391 F.3d 1267 (D.C. Cir. 2004) ........................................................... 40 
Forsyth Mem’l Hosp., Inc. v. Sebelius, 
639 F.3d 534 (D.C. Cir. 2011) ............................................................. 24 
Genuine Parts Co. v. EPA, 
890 F.3d 304 (D.C. Cir. 2018) ............................................................. 38 
Hill Dermaceuticals, Inc. v. Food & Drug Admin., 
709 F.3d 44 (D.C. Cir. 2013) ............................................................... 57 
Independent Petroleum Ass’n of Am. v. Babbitt, 
92 F.3d 1248 (D.C. Cir. 1996) ............................................................. 56 
Kreis v. Secretary of Air Force, 
406 F.3d 684 (D.C. Cir. 2005) ............................................................. 55 
Lamie v. United States Tr., 
540 U.S. 526 (2004) ............................................................................. 46 
Local 814, Int’l Bhd. Of Teamsters v. NLRB, 
546 F.2d 989 (D.C. Cir. 1976) ............................................................. 53 
Mercy Hosp., Inc. v. Azar, 
891 F.3d 1062 (D.C. Cir. 2018) ........................................................... 47 
Michigan v. EPA, 
576 U.S. 743 (2015) ............................................................................. 52 
Morall v. DEA, 
412 F.3d 165 (D.C. Cir. 2005) ............................................................. 37 
Motor Vehicle Mfrs. Ass’n of U.S., Inc. v. State Farm Mut. 
Auto. Ins. Co., 
463 U.S. 29 (1983) ......................................................................... 40, 52 
SEC v. Chenery Corp., 
318 U.S. 80 (1943) ............................................................................... 52 
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State of Wisconsin v. EPA, 
938 F.3d 303 (D.C. Cir. 2019) ............................................................. 49 
Westar Energy, Inc. v. Federal Energy Regul. Comm’n, 
473 F.3d 1239 (D.C. Cir. 2007) ........................................................... 56 
Yates v. United States, 
574 U.S. 528 (2015) ............................................................................. 46 
STATUTES: 
5 U.S.C.  
§ 702 ...................................................................................................... 1 
15 U.S.C.  
§ 9009a(a)(1)(A) ......................................................................... 8, 44, 54 
§ 9009a(a)(1)(A)(i)(II) ............................................................................ 7 
§ 9009a(a)(1)(A)(iii) ............................................................. 9, 30, 31, 48 
§ 9009a(a)(1)(A)(vi)(I) ......................................................................... 48 
§ 9009a(a)(1)(A)(vi)(II) ........................................................................ 48 
§ 9009a(a)(3) ........................................................................................ 54 
§ 9009a(a)(3)(A) ................................................................................... 29 
§ 9009a(a)(3)(A)(i) ......................................................................... 29, 30 
§ 9009a(a)(3)(A)(i)(I) ............................................... 8, 19, 25, 26, 28, 45 
§ 9009a(a)(3)(A)(i)(II) ............................................................................ 8 
§ 9009a(a)(3)(B) ................................................................................... 47 
§ 9009a(b)(3)(A) ..................................................................................... 7 
§ 9009a(c) .............................................................................................. 7 
§ 9009a(c)(1)(A)(i) ................................................................................ 16 
§ 9009a(c)(1)(C) ................................................................................... 16 
§ 9009a(c)(2) ........................................................................................ 16 
28 U.S.C.  
§ 1291 .................................................................................................... 1 
§ 1331 .................................................................................................... 1 
Pub. L. No. 116-260, 134 Stat. 1182 (2020) .......................................... 6, 7 
Pub. L. No. 117-2, 135 Stat. 4 (2021) ........................................................ 7 
Pub. L. No. 117-328, 136 Stat. 4459 (2022) .............................................. 1 
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OTHER AUTHORITIES: 
166 CONG. REC. S5485-S5486 (daily ed. Sept. 9, 2020) 
(statement of Sen. John Cornyn) .......................................................... 6 
Am. Heritage Dictionary of the English Language (5th ed. 
2022) .................................................................................................... 44 
BERKLEE COLL. OF MUSIC, What does a Concert/Event 
Producer do? ........................................................................................ 43 
DILGER, ROBERT JAY, ET AL., CONG. RSCH. SERV., R46689, SBA
SHUTTERED VENUE OPERATORS GRANT PROGRAM (SVOG) 
(2022) ................................................................................................. 5, 6 
FED. R. APP. P. 4(a)(1)(B) ........................................................................... 1 
Merriam-Webster’s Dictionary................................................................. 44 
Oxford’s English Dictionary .................................................................... 43 
Peoples, Glenn, Live Nation Turns in Record Quarter as 
Touring Business Booms, BILLBOARD, Nov. 3, 2022 ........................... 48 
Press Release (No. 21-75), SBA, SBA Opens Supplemental 
Grant Applications for Shuttered Venue Operators Grant 
Awardees (Aug. 27, 2021) ..................................................................... 7 
SBA, About SVOG ..................................................................................... 7 
SCALIA, ANTONIN & BRYAN A. GARNER, READING LAW: THE 
INTERPRETATION OF LEGAL TEXTS (2012) ............................................ 47 
U.S. GOV’T ACCOUNTABILITY OFF., GAO-06-382SP, 
PRINCIPLES OF FEDERAL APPROPRIATIONS LAW (Vol. II 
2006) ...................................................................................................... 1 
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GLOSSARY 
APA:  
Administrative Procedure Act 
SBA:  
Small Business Administration
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JURISDICTIONAL STATEMENT 
The district court entered final judgment on July 25, 2022.  Concert 
Investor filed a timely notice of appeal on September 22, 2022.  See FED.
R. APP. P. 4(a)(1)(B).  The district court had jurisdiction under 28 U.S.C. 
§ 1331 and 5 U.S.C. § 702.  This Court has appellate jurisdiction under 
28 U.S.C. § 1291.   
On December 29, 2022, President Biden signed the Consolidated 
Appropriations Act of 2023, which included a provision rescinding $459 
million of “unobligated” funds for the Shuttered Venue Operators Grant 
program.  Pub. L. No. 117-328, div. MM, § 101, 136 Stat. 4459, 6110 
(2022).  The government has argued in other cases that this rescission 
moots claims relating to the Shuttered Venue Operators Grant program.  
But improperly awarded funds and unspent funds recovered by an 
agency normally “are to be credited to the appropriation or fund accounts 
from which the excess payments were made” and “remain available for 
further obligation within the time and purpose limits of the 
appropriation.”  U.S. GOV’T ACCOUNTABILITY OFF., GAO-06-382SP, 
PRINCIPLES OF FEDERAL APPROPRIATIONS LAW 6-170, 6-174 (Vol. II 2006).  
The SBA has asserted that it intends to recoup funds that were 
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improperly awarded under the Shuttered Venue Operators Grant 
program.  JA 747-748.  In addition, there remains a live controversy over 
whether the SBA acted arbitrarily, capriciously, or contrary to law in 
repeatedly denying Concert Investor’s application.  Accordingly, the 
rescission does not render this case moot.   
STATEMENT OF ISSUES 
I.
Whether the Small Business Administration’s denial of Concert 
Investor’s application for a Shuttered Venue Operators Grant was 
arbitrary, capricious, and contrary to law because the record 
demonstrates that Concert Investor’s extensive production 
activities fall within the broad statutory definition of a “live 
performing arts organization operator.”   
II.
Whether, at a minimum, remand to the agency is required for two 
independent reasons: 
A.
In accepting a definition of the statutory term 
“produces” that the Small Business Administration did 
not offer in its decision, the court improperly credited 
the government’s post hoc litigation rationale; and 
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B.
The record does not resolve Concert Investor’s claim 
regarding 
the 
Small 
Business 
Administration’s 
concededly disparate treatment of similarly situated 
competitors.   
STATUTES AND REGULATIONS 
Applicable statutory provisions and regulatory guidance are 
contained in the Addendum bound with this brief. 
INTRODUCTION 
The COVID-19 pandemic and associated restrictions on public 
gatherings devastated live performing arts organization operators like 
Plaintiff Concert Investor LLC.  Before the pandemic, Concert Investor 
earned millions of dollars by producing, managing, and organizing 
immersive live concert experiences for some of the biggest bands in the 
United States, and redistributed those earnings to the network of critical 
entertainment professionals with which it subcontracts.  In early 2020, 
that revenue evaporated as Concert Investor (and the many downstream 
subcontractors who depend on its business) struggled to survive.  
Recognizing the importance of a vibrant live entertainment 
industry to our nation and the unique challenges the industry faced 
during the pandemic, Congress specifically established a grant program 
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to provide vital assistance to small businesses like Concert Investor 
through the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and 
Venues Act.  The Small Business Administration (“SBA”), however, 
denied Concert Investor’s application.  That determination is unlawful. 
The SBA determined that Concert Investor is categorically 
ineligible for a grant because its “significant responsibilities” purportedly 
relate only to lighting and sound.  That conclusion is wrong and 
disregards the record-backed industry understanding of the relevant 
statutory terms.  Extensive evidence shows that Concert Investor is
involved in “each and every element” of tours—indeed, on its most recent 
tour, “all other firms involved [besides Concert Investor] [we]re 
subcontractors.”  Erroneously relying on its Frequently Asked Questions 
rather than the statutory terms Congress chose, the agency adopted a 
cramped view of the statute based on what does not qualify for grant 
funding.  But that negative definition completely fails to provide a 
coherent understanding of the types of activities do qualify.  The agency’s 
ad hoc distinctions between Concert Investor and various qualifying 
agencies also ignore that lighting and sound are integral, not incidental, 
to Concert Investor’s unique shows.   
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The SBA’s APA violations compel reversal of judgment for 
Defendants and entry of judgment for Concert Investor.  But at a 
minimum, remand to the agency is required for two independent reasons.  
First, although “the SBA had not previously offered *** a definition” of 
the key statutory term, JA 773, the district court improperly accepted 
government litigation counsel’s newly proffered definition.  Second, the 
record does not resolve Concert Investor’s claim regarding the SBA’s 
acknowledged disparate treatment of similarly situated competitors—an 
action that has left Concert Investor severely disadvantaged compared to 
those competitors in accessing capital and booking business over two 
years after it applied for pandemic relief funds.  For any and all of those 
reasons, the district court’s judgment in favor of the agency should not 
stand.  
STATEMENT OF THE CASE 
I.
STATUTORY FRAMEWORK 
During the COVID-19 pandemic, the federal government 
established multiple programs to aid struggling sectors of the American 
economy.  ROBERT JAY DILGER, ET AL., CONG. RSCH. SERV., R46689, SBA
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SHUTTERED VENUE OPERATORS GRANT PROGRAM (SVOG) 2 (2022). 1
Despite being substantially impaired by the pandemic, small businesses 
in the live entertainment industry often failed to qualify for this 
assistance.  Id. at 1-2.  By the summer of 2020, a bipartisan effort to 
address this shortcoming in the preexisting relief programs materialized 
on Capitol Hill.  Id.  The proposed “Save Our Stages Act” provided 
targeted assistance to small businesses in the live entertainment 
industry.  Id.  As Senator John Cornyn explained:  
Unlike restaurants or retailers, which were able to switch to 
curbside or pickup delivery, event venues don’t offer a service 
that can be tailored to meet the CDC guidelines.  *** That 
leaves no opportunity for live venue operators, promoters, 
producers, and talent representatives to organize events and 
no chance for security guards, ticket takers, bartenders, or 
cleanup crews to earn a paycheck.  
166 CONG. REC. S5485-S5486 (daily ed. Sept. 9, 2020) (statement of Sen. 
John Cornyn).  Congress ultimately passed the Save Our Stages Act as 
part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and 
Venues Act, which was signed into law on December 27, 2020.  Pub. L. 
No. 116-260, § 324, 134 Stat. 1182, 2022-2032 (2020). 
1 https://crsreports.congress.gov/product/pdf/R/R46689. 
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The Act established and appropriated $15 billion to the Shuttered 
Venue Operators Grant program.  Pub. L. No. 116-260, § 323(d)(1)(H), 
134 Stat. at 2021.  The American Rescue Plan, enacted March 11, 2021, 
appropriated an additional $1,249,500,000 for awards.  Pub. L. No. 117-
2, § 5005, 135 Stat. 4, 91 (2021).  The grant program is administered by 
the SBA and “provides emergency assistance *** to support the ongoing 
operations” of certain small businesses in the live entertainment 
industry “during the uncertain economic conditions caused by the 
COVID-19 pandemic.”  SBA, About SVOG. 2  An eligible entity that 
suffered at least a 25% reduction of gross revenue in 2020 may receive an 
award in an amount equal to 45% of its gross revenue in 2019.  15 U.S.C.
§ 9009a(a)(1)(A)(i)(II), (c).  A business with 2021 first quarter revenue of 
no more than 30% of its 2019 first quarter revenue is eligible for a 
supplemental grant of 50% of the original award amount.  Id. 
§ 9009a(b)(3)(A); Press Release (No. 21-75), SBA, SBA Opens 
2
 https://www.sba.gov/funding-programs/loans/covid-19-relief-
options/shuttered-venue-operators-grant/about-svog. 
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Supplemental Grant Applications for Shuttered Venue Operators Grant 
Awardees (Aug. 27, 2021).3
To be eligible for a grant, a business must fall within one of the Act’s 
enumerated categories, which include “live performing arts organization 
operator[s],” along with theatrical producers, live venue operators and 
promoters, museum operators, motion picture theatre operators, and 
talent representatives.  15 U.S.C. § 9009a(a)(1)(A).  As relevant to this 
appeal, the Act defines a “live performing arts organization operator” to 
mean:  
an individual or entity *** that, as a principal business 
activity, organizes, promotes, produces, manages, or hosts live 
concerts, comedy shows, theatrical productions, or other 
events by performing artists for which *** a cover charge 
through ticketing or front door entrance fee is applied[.] 
Id. § 9009a(a)(3)(A)(i)(I).  In addition to that baseline requirement, the 
statute imposes additional criteria (not disputed here).  For example, an 
individual or entity must generate at least 70% of its earned revenue 
through “production fees or production reimbursements” or other listed 
sources.  Id. § 9009a(a)(3)(A)(i)(II).  And the relevant events must take 
3 https://www.sba.gov/article/2021/aug/27/sba-opens-supplemental-
grant-applications-shuttered-venue-operators-grant-awardees. 
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place at venues that have a defined performance and audience space; use 
mixing equipment, a public address system and a lighting rig; and engage 
one or more individuals to carry out at least two of the following roles:  
sound engineer, booker, promoter, stage manager, security personnel, or 
box office manager.  Id. § 9009a(a)(1)(A)(iii).   
II.
FACTUAL BACKGROUND 
A.
Concert Investor’s Business
Concert Investor is a small business based out of Nashville, 
Tennessee, that produces, organizes, and manages concerts and concert 
tours for performing artists.  See, e.g., JA 572-575; JA 355.  The Company 
has carried out these functions for some of the biggest artists in the 
country, including twenty øne piløts, a Grammy-award-winning band 
whose hit single, “Stressed Out,” has been viewed over 2.6 billion times 
on YouTube.4  Other artists for whom Concert Investor has produced 
shows include Little Big Town, O.A.R., Judah & The Lion, iPrevail, and 
The Band Camino.  JA 639.
4 Stressed Out, https://www.youtube.com/watch?v=pXRviuL6vMY; 
see also Heathens, https://www.youtube.com/watch?v=UprcpdwuwCg 
(1.9 
billion 
views); 
Ride, 
https://www.youtube.com/watch?v=Pw-
0pbY9JeU (1.3 billion views).  
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Once engaged by an artist, Concert Investor produces, organizes, 
and manages tour shows by creating the content of the performances, 
engaging and overseeing independent contractors and vendors to staff 
the tour, managing the budget and financing for the shows, procuring 
and managing the necessary equipment, and coordinating logistics.  JA 
572-573, 658, 671.5  Concert Investor also advances tour costs to secure 
vendors and independent contractors, and receives “production fees” and 
“production reimbursements” for its work.  JA 639; JA 252-313 (invoices 
for “production reimbursement” billed to twenty øne piløts, Little Big 
Town, Judah & the Lion, iPrevail, and O.A.R.). 
B.
The Banditø Tøur
Concert Investor’s activities for twenty øne piløts’s international 
Banditø Tøur, which represented the bulk of the company’s work in 2018 
and 2019, illustrate the range of concert production, organization, and 
5 The link in the administrative record to the full version of the 
article excerpted at JA 671 is no longer functional.  The full version of the 
article 
is 
available 
at 
https://mydigitalpublication.com/publication/?m=19394&i=557788&p=3
6&ver=html5. Citations in this brief to the relevant page of the 
administrative record, JA 671, are intended to encompass citations to the 
underlying full version of the article. 
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management functions Concert Investor carries out.  See JA 573.  Under 
the agreement with twenty øne piløts, the band retained Concert Investor 
as Producer to carry out a range of services for the Banditø Tour.  JA 611; 
see also JA 689 (2019 contract with venue operator Live Nation 
documenting Concert Investor’s role providing production services).  
Concert Investor’s planning and design of the two-year tour kicked-
off “14 months before the tour started.”  JA 661.  Concert Investor 
conceived of “107 pages of creative elements,” most of which were 
ultimately featured in the tour.  JA 658.  Examples include a Plexiglas 
bridge that spanned two stages and a 1991 Cadillac Deville that was 
engulfed in flames during each show.  JA 658-659, 662, 671.  Concert 
Investor also programmed “up to 1,000 lighting cues per song” and “video 
content playback,” “perfectly align[ing] them with the audio waveforms 
in the track.”  JA 661, 671.  Concert Investor’s schematic diagrams detail 
the staging, engineering, lighting, video, special effects, and other 
features of the Banditø Tour.  JA 576-610.  That work gave life to themes, 
stories, symbols, and other immersive components of the shows, 
including its “most stunning moments.”  JA 662; see also JA 659-661. 
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In addition to design and programming for the Banditø Tour, 
Concert 
Investor 
managed 
and 
organized 
“vendor 
selection,” 
“coordination,” and “hiring touring personnel.”  JA 658.  Concert Investor 
retained vendors and personnel for many critical services and roles, 
including:  stage managing, JA 678; graphic design, JA 688; staging, JA 
642; power generation and distribution, JA 655; the Audio Package, LED 
package, Lighting Package, Screen Media Server Package, Rigging 
Package, and Engineering Services, JA 643-644; sound engineering, JA 
677; lighting technicians and crew, JA 679-680, 682; rigging services, JA 
683; video and software services, JA 684-687; video crew and equipment, 
JA 651; and special effects (including lasers, smoke generators and 
machines, custom-cut confetti, and pyrotechnical effects), JA 649, 658-
664.  To ensure all those firms worked seamlessly on the road, Concert 
Investor participated in rehearsals.  JA 369, 659.  Aside from Concert 
Investor, “all other firms involved [we]re subcontractors.”  JA 658.   
Concert Investor also organized and managed the tour’s budget and 
finances.  JA 658 (“Concert Investor *** manages the production 
budget”); JA 639 (Concert Investor advances costs for the tour, which are 
later repaid by the band after ticket sales); JA 674-676 (ledger depicting 
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payments to tour personnel and vendors); JA 252-313 (invoices for 
production reimbursement); JA 315-354 (bank statements showing 
payments to vendors and personnel as well as payments from clients, e.g., 
“PROD” payments from “TOP LLC” (twenty øne piløts)).  That budget 
included weekly costs for audio, video, lighting, media servers, rigging, 
labor, special effects, power, staging, and payments to independent 
contractors.  JA 369-385.  It also included expenses paid by Concert 
Investor to ensure seamless management of the tour as issues arose.  See
JA 658.  These costs included resolving broken gear, reprogramming the 
show to accommodate a creative change by the band, and even chartering 
a Boeing 747 to transport the entire show from Auckland to London and 
shipping containers from Australia to Los Angeles.  JA 404, 410, 413.  
Concert Investor also managed the payroll for tour staff, JA 315-354, and 
took out a workers’ compensation and employers’ liability insurance 
policy for the tour, JA 525-559.   
Additionally, Concert Investor procured and insured the production 
equipment and hired and managed subcontractors to provide all 
equipment-related 
services, from 
installation 
and 
assembly to 
maintenance and operation.  JA 611; see also JA 614, 617.  And once the 
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14 
equipment was secured, Concert Investor “manage[d] the gear assets 
such as audio, lighting, LED, projection, cameras, automation, rigging, 
custom set pieces, special effects; lasers, cryo, pyro, confetti, as well as 
motion graphics, crewing, and shipping occasionally like air freighting 
the production between continents.”  JA 671.
Two concert industry magazines showcased Concert Investor’s 
expansive work producing, managing, and organizing the Banditø Tour 
in January 2019 cover stories.  Lighting & Sound America explained that 
Concert Investor “produce[d] the tour’s live elements, help[ed] with TV 
moments, manage[d] the production budget, production design, 
programming, vendor selection, and coordination, and deal[t] with hiring 
touring personnel[.]”  JA 658.  Projection, Lights, and Staging News
similarly described Concert Investor as “a production agency” responsible 
for “putting it all together” for the tour.  JA 671.  The codesigner of twenty 
øne piløts’ tour told that magazine Concert Investor “did everything you 
could ask of a production company and more.”  JA 658.   
All told, the tour spanned 74 shows and sold more than 900,000 
tickets.  JA 628.  Concert Investor earned millions in “production fees” 
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15 
for its work, which amounted to a substantial percentage of the tour’s $63 
million in overall revenue.  JA 573, 628-635. 
C.
The COVID-19 Pandemic
Beginning in spring 2020, COVID-19 pandemic restrictions across 
the country decimated demand for live entertainment events.  JA 573; 
see generally JA 23-27 ¶¶ 6-20.  Concert Investor’s revenue in 2020 fell 
94% from 2019.  JA 237-239.  Attempting to stay afloat, Concert Investor 
depleted its cash reserves, and its owners spent a substantial amount of 
their personal savings to cover administrative, insurance, and talent 
development expenses.  JA 573.  Despite these steps, Concert Investor 
was unable to compete in an industry that requires production companies 
to advance large sums of capital for up-front expenditures and deposits 
necessary to produce a concert.  Id.  Concert Investor tried to survive by 
producing small local events, but its efforts to remain profitable failed.  
Id.
III.
PROCEDURAL HISTORY 
In April 2021, Concert Investor applied for a Shuttered Venue 
Operators Grant in the amount of $4,988,317.35, which was 44.6% of its 
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16 
2019 revenue.  JA 233-234.6  In July 2021, Concert Investor learned from 
the SBA’s online portal that its application was denied (without 
explanation).  JA 23 ¶ 7.  Concert Investor submitted an administrative 
appeal in August 2021, and changed its eligibility category from 
theatrical producer to live performing arts organization operator, as 
permitted by the SBA’s procedures, to better reflect its business.  JA 23-
25 ¶¶ 7-10; JA 249-250.  Less than two weeks later, Concert Investor 
received a boilerplate appeal denial (with an incomplete subject line 
containing a placeholder for the applicant’s name).  JA 31.  The letter 
stated, without any further reasoning, that Concert Investor’s 
application remained denied.  Id.  The SBA subsequently notified Concert 
Investor that it would re-evaluate the decision, but sent yet another 
denial in early November 2021.  JA 251.  Instead of providing an 
6  $4,988,317.35 is Concert Investor’s Adjusted Proposed Grant 
Amount.  JA 234.  (Due to a transcription error, Concert Investor’s 
Second Amended Complaint misstates the figure as $4,946,650.35.)  This 
request reflects “the amount equal to 45% of the gross earned revenue of 
[Concert Investor] during 2019, 15 U.S.C. § 9009a(c)(1)(A)(i), less “the 
total amount of loans guaranteed” under the Paycheck Protection 
Program that Concert Investor received, id. § 9009a(c)(1)(C); see JA 234.  
In addition to this requested amount, Concert Investor is eligible for a 
supplemental grant “in the amount equal to 50 percent” of the original 
award amount.  15 U.S.C. § 9009a(c)(2); see JA 56. 
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explanation, the SBA checked boxes indicating that Concert Investor 
“[d]id not meet the principal business activity standard for the entity type 
under which [it had] applied” and “[d]id not meet one or more of the 
eligibility criteria specific to the entity type under which [it had] applied.”  
Id.
On December 1, 2021, Concert Investor filed this action in district 
court seeking judicial review of the SBA’s denial under the 
Administrative Procedure Act (“APA”).  JA 11.  In response to the suit, 
the SBA initially rescinded its denial.  Defs.’ Mot. For Stay 2, ECF No. 
12.  But upon reconsideration, it subsequently issued a final denial on 
March 23, 2022.  JA 106-110.   
The SBA found that Concert Investor “design[s] the plots” for 
performances, “obtain[s] subcontractors to install *** necessary 
equipment” for shows, and “obtain[s] subcontractors to *** operate the 
necessary equipment during a concert.”  JA 108.  But the agency 
determined that those functions were “insufficient to meet the definition 
of a performing arts organization operator.”  Id.  Relying largely on 
language from its own “frequently asked questions” rather than the 
statutory text, the SBA found that Concert Investor “does not create, 
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18 
perform, or present live performances,” does not “organize or host live 
concerts,” and is not a “producer,” but instead “serves the needs of touring 
concert artists for lighting and sound[.]”  Id.  The SBA acknowledged that 
it had given Shuttered Venue Operators Grants to three similarly 
situated entities, but stated that it was “reevaluating” those grants.  JA 
110.  It also purported to distinguish four entities that had received 
grants based on a “range of services,” such as “costuming” and dance 
“choreography,” while noting that Concert Investor “is involved solely 
with lighting and sound.”  JA 109-110.   
The parties filed cross-motions for summary judgment, raising 
“competing understandings of what entities are eligible for the SVOG 
Program,” JA 772, as well as whether the SBA “ignore[d] relevant 
evidence” and drew conclusions that are “counter to the evidence,” JA 
776, and provided “disparate treatment” to similarly situated 
competitors, JA 782-783.  After briefing was complete, but before the 
district court ruled on the parties’ motions, the SBA informed the court 
that it had determined that the three “reevaluat[ed]” competitors were 
improperly awarded grants and had been referred “for inclusion in the 
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19 
Agency’s process to recover repayment of improper awards,” which was 
“still under development.”  JA 741-748.  
The district court denied Concert Investor’s motion for summary 
judgment, granted Defendants’ cross-motion, and entered judgment for 
Defendants.  JA 769.  The court focused its analysis on “what it means to 
be an entity that ‘produces *** live concerts.’”  JA 772-773 (ellipsis in 
original) (quoting 15 U.S.C. § 9009a(a)(3)(A)(i)(I)).  Although “[t]he 
appropriate definition of ‘produces’ is not a simple interpretive question,” 
the court ultimately embraced litigation counsel’s dictionary-based 
argument, articulated for the first time in litigation, that the Act requires 
“ultimate control over all aspects of a show”—i.e., a “full service 
producer.”  JA 774, 777.  “[W]hile the agency did not directly articulate 
this reasoning” in the decision under review, the district court held that 
litigation counsel’s proffered definition was a permissible “amplified 
articulation” of the SBA Decision, rather than an impermissible “post hoc
justification.”  JA 774-775.   
Under that definition, the district court agreed with the 
government that “Concert Investor is responsible for the light and sound 
aspects of musical tours and thus is not a producer[.]”  JA 778.  Although 
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20 
“the evidence indicates Concert Investor had significant responsibilities” 
for the shows—including “contract[ing] with vendors” and handling 
“responsib[ility] for some designs, equipment, logistics, occasional 
transportation, and more,” JA 779—the district court held that the record 
does not “displace[] or seriously question[] the SBA’s conclusions that 
Concert Investor’s principal business activity is limited to lighting and 
sound,” JA 781.  Thus, the court agreed with the agency that Concert 
Investor is not a “full service producer.”  JA 777, 779-781. 
Lastly, the district court determined that the SBA did not act 
arbitrarily and capriciously “by denying [Concert Investor’s] application 
but granting the applications of seven competitors.”  JA 782.  The court 
held that “the SBA provided reasonable explanations” for treating four 
competitors differently.  JA 784.  “Regarding the three similar entities” 
awarded grants that the SBA declined to distinguish, the court held that 
“[t]he agency need not do more” than “conclude[] that rescission [of those 
awards] is appropriate and *** refer[] the three similar companies to a 
program to recoup the improperly awarded funds.”  JA 783. 
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21 
SUMMARY OF ARGUMENT 
I. 
This Court should reverse the district court’s judgment for 
Defendants because the SBA’s Decision is arbitrary, capricious, and 
contrary to law. 
Despite a mountain of evidence demonstrating that at least one of 
Concert Investor’s principal business activities is to produce, organize, or 
manage live concerts—and that all the other statutory criteria are met—
the SBA denied Concert Investor’s application.  In doing so, the SBA 
applied a definition of a “Live Performing Arts Organization Operator” 
that is divorced from the Act and the record.  Largely relying on the 
definition section of its own unpublished regulatory guidance, the agency 
adopted an unduly restrictive interpretation of the key statutory terms.  
The SBA then proceeded to ignore large swaths of critical record 
materials showing that Concert Investor’s functions stretched far beyond 
the critical sound and light aspects of its shows.  As the evidence 
regarding the Banditø Tour illustrates, Concert Investor “put[] it all 
together” so that “each and every element” of the series of shows ran 
smoothly.  JA 573, 671.  But the SBA examined only (parts of) four 
isolated documents that are not representative of the overall record.  
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22 
Even as to those materials, the SBA failed to provide a reasoned 
explanation for its Decision because the documents establish, rather than 
undermine, Concert Investor’s broad production responsibilities. 
In any event, Concert Investor undisputedly “had significant 
responsibilities” for live tours, including at a minimum “total 
responsibility for the lighting and sound.”  Yet the SBA Decision 
inexplicably deemed those critical functions inadequate to meet the 
statutory definition, while simultaneously making ad hoc determinations 
that various services provided by competitors do qualify.  That 
determination is not only arbitrary, but disregards the unique lighting- 
and sound-intensive nature of the shows Concert Investor produces, 
organizes, and manages. 
II.  
At a minimum, remand to the agency is required for two 
independent reasons.   
First, the district court’s decision granting summary judgment to 
the SBA rests improperly on a post hoc rationale.  Despite the 
interpretive complexity of defining the statutory term “produces,” the 
district court accepted a made-for-litigation definition that “the SBA had 
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23 
not previously offered.”  JA 773.  Under fundamental administrative law 
principles, that belated definition could not sustain the agency’s action.  
Second, the administrative record did not resolve whether the SBA 
actually rescinded funds it acknowledges were awarded to similarly 
situated competitors.  The district court thus erred in granting summary 
judgment to the agency based on evidence beyond—and created after 
compilation of—the administrative record.  Moreover, especially because 
the SBA’s differential treatment of Concert Investor placed it a distinct 
disadvantage compared to its competitors, the SBA should have been 
tasked with resolving the discrepancy in the first instance.  That 
unresolved issue—which continues to harm Concert Investor to this 
day—precludes summary judgment in favor of Defendants on Concert 
Investor’s disparate treatment claim. 
STANDARD OF REVIEW 
This Court reviews the district court’s grant of summary judgment 
de novo.  See Ark Initiative v. Tidwell, 816 F.3d 119, 126-127 (D.C. Cir. 
2016).  “In a case like the instant one, in which the District Court 
reviewed an agency action under the” APA, this Court “review[s] the 
administrative action directly” and “accord[s] no particular deference to 
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24 
the judgment of the District Court.”  Associated Builders & Contractors, 
Inc. v. Herman, 166 F.3d 1248, 1254 (D.C. Cir. 1999).  Thus, this Court’s 
“task is the same as that performed by the district judge,” i.e., to “review 
the administrative record to determine whether the agency’s decision 
was arbitrary and capricious, and whether its findings were based on 
substantial evidence.”  Forsyth Mem’l Hosp., Inc. v. Sebelius, 639 F.3d 
534, 537 (D.C. Cir. 2011).   
ARGUMENT 
I.
THE SBA ACTED ARBITRARILY, CAPRICIOUSLY, AND 
CONTRARY TO LAW IN DENYING CONCERT INVESTOR’S 
GRANT APPLICATION. 
The record establishes that at least one of Concert Investor’s 
principal business activities is to produce, organize, or manage live 
concerts, making it a “live performing arts organization operator” as 
Congress defined that term.  In concluding otherwise, the SBA acted 
arbitrarily, capriciously, and contrary to law, by both applying an unduly 
narrow—and nonstatutory—definition of a “live performing arts 
organization operator,” and then by ignoring crucial record evidence.  
Indeed, Concert Investor should have been awarded a grant even under 
the SBA’s overly narrow conception of eligibility.  The district court’s 
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25 
decision should be reversed and judgment should be entered for Concert 
Investor.  
A.
Concert Investor Produces, Organizes, And Manages 
Live Concerts 
As relevant here, Congress broadly defined a “live performing arts 
organization operator” to encompass any entity that, as a “principal 
business activity, organizes, promotes, produces, manages, or hosts live 
concerts” in qualifying venues.  15 U.S.C. § 9009a(a)(3)(A)(i)(I) (defining 
“live venue operator or promoter, theatrical producer, or live performing 
arts organization operator”).  Under that flexible definition, an entity 
need principally perform only one of those activities to be eligible for 
funding.  Because the Act does not otherwise define those activities, it is 
reasonable to assume that “Congress intended for th[eir] definition[s] to 
be developed by the agency in a manner that is consistent with the 
customary usage of the phrase[s] in the [relevant] industry,” Association 
of Am. R.Rs. v. Costle, 562 F.2d 1310, 1319-1321 (D.C. Cir. 1977)—here, 
the live entertainment industry. 
The record before the agency demonstrates that Concert Investor 
has long been understood by the concert industry as a company that 
engages in (and excels at) “produc[ing],” “organiz[ing],” and “manag[ing]” 
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live concerts.  15 U.S.C. § 9009a(a)(3)(A)(i)(I).  As explained in Concert 
Investor’s sworn application to the SBA, the company’s “unwavering 
mission has been to design and produce the most dynamic, efficient, and 
innovative concert productions for some of the world’s most talented and 
recognized artists.”  JA 572.  As “architects and orchestrators of 
individual musical tours,” the company invests its owners’ “collective 
time and talents” to “design, negotiate, hire, program and insure each 
and every element of the tour” through a network of subcontractors.  JA 
572-573.  “100% of [Concert Investor’s] revenue [is] generated from 
production fees that [a]re charged to artists.”  JA 573.  The company 
attested to the veracity of its representations “under penalty of perjury.”  
JA 249 (capitalization omitted). 
Relevant 
industry 
participants 
share 
Concert 
Investor’s 
understanding of its principal business activities.  For example, trade 
magazines focused on the live entertainment sector describe Concert 
Investor as a “production agency” responsible for “putting it all together” 
for a series of live concerts by “manag[ing] the tour’s production budget, 
production design, programming, vendor selection, and coordination as 
well as hiring the touring personnel.”  JA 671 (emphasis added); see JA 
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658.  The codesigner of twenty øne piløts’ Banditø Tour explained that 
Concert Investor “did everything you could ask of a production company 
and more.”  JA 658.  Contractual agreements consistently describe 
Concert Investor as a Producer responsible for providing production 
services for the concert tours.  See, e.g., JA 689 (Live Nation affiliate 
contract); JA 611 (touring agreement).  Artists pay Concert Investor’s 
invoices for “production reimbursement.”  JA 252-313; see also JA 318, 
322, 328, 329.  Show credits regularly list Concert Investor’s owners as 
“Executive Producer,” “Production Designer,” and/or “Line Producer.”  JA 
672, 673.  And Concert Investor’s Nashville-based certified public 
accountant, who specializes in entertainment industry accounting (and 
who operates under strict ethical requirements for professional (CPA) 
licensure), affirmed that the company is “in the business of producing live 
concert events on an international scale in venues ranging from small 
music clubs to arenas.”  JA 355. 
In short, the undisputed record evidence before the SBA—including 
articles, invoices, and other evidence relied on by members of the 
industry—shows that at least one of Concert Investor’s “principal 
business activit[ies]” is to “organize[], promote[], produce[], manage[], or 
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host[] live concerts.”  15 U.S.C. § 9009a(a)(3)(A)(i)(I).  The SBA neither 
submitted nor relied on any contrary evidence to refute that record-based 
showing.  And because the SBA did not deny that every other statutory 
element was met (including that Concert Investor operated and planned 
to operate during the requisite dates, suffered the requisite reduction in 
revenue, 
and 
produced 
shows 
at 
venues 
with 
the 
requisite 
characteristics), Concert Investor’s application for funding should have 
been granted.   
B.
The 
SBA 
Erroneously 
Concluded 
That 
Concert 
Investor Is Not A Live Performing Arts Organization 
Operator 
Under Congress’s broad statutory definition—and given Concert 
Investor’s equally broad responsibilities for live concert tours—this 
should have been an easy case.  In nonetheless denying Concert 
Investor’s application, the agency erred legally and factually.  It first 
applied an unduly restrictive (and atextual) definition of a “live 
performing arts organization operator.”  Armed with its narrow 
definition, 
it 
then ignored 
and 
misconstrued record 
evidence 
demonstrating that Concert Investor plainly qualified for a grant under 
any reasonable definition.    
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1. As a threshold matter, the agency failed to apply the statutory 
definition of “live performing arts organization operator” chosen by 
Congress.  Instead, the agency looked to the “definition section of its 
frequently asked questions.”  JA 106.  But that subregulatory guidance 
document, which was not promulgated through notice and comment 
rulemaking, inexplicably substitutes three of Congress’s chosen terms 
(“organize[],” “host[],” and “manage[]”) with different, nonstatutory
language (“create,” “present,” and “perform”) in defining “live performing 
arts organization operator”:   
any entity (including a theatrical management business) 
whose principal business activity is to create, produce, 
perform, and/or present live performances for audiences in 
qualifying venues, including amphitheaters, concert halls, 
auditoriums, theatres, clubs, festivals, and schools. 
JA 106 (quoting JA 735) (emphasis added); cf. 15 U.S.C. § 9009a(a)(3)(A) 
(“organizes, promotes, produces, manages, or hosts”).   
As a result of that error, the SBA never considered whether Concert 
Investor carries out several of Congress’s principal business activities, 
such as “manag[ing]” or “promot[ing]” live concerts, that would qualify 
under the Act.  15 U.S.C. § 9009a(a)(3)(A)(i).  That error also led the SBA 
to confusingly find that “Concert Investor does not create, perform, or 
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30 
present live performances—its clients/artists do.”  JA 108.  But no one 
disputes that “artists and entertainers”—not “live performing arts 
organization operators”—actually “perform[]” the live performances 
within the meaning of the Act.  15 U.S.C. § 9009a(a)(3)(A)(i); see id.
§ 9009a(a)(1)(A)(iii) 
(distinguishing 
between 
“the 
artists 
and 
entertainers represented or managed by the talent representative[s] 
[who] perform” in the events and those who operate the events).  Whether 
Concert Investor itself “performs” live shows, or “creates” or “presents” 
them, is irrelevant under the statute. 
Although the SBA eventually turned to the key term “produce” (i.e., 
the only term appearing in both the “frequently asked questions” and the 
statute), the SBA undisputedly failed to offer an affirmative definition.  
See JA 773 (acknowledging that the SBA failed to “expressly state such 
a definition”).  Again relying on its “frequently asked questions,” the SBA 
instead defined the term negatively, by holding that “producer” did not 
include “service providers that support eligible entities.”  JA 108-109 
(quoting JA 698).  But the statute does not say that.  And even if it did, 
the agency acknowledged that “subcontractors” supervised by Concert 
Investor actually provide the technical services, like “install[ing] and 
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operat[ing] the necessary equipment during a concert,” for the tours in 
which Concert Investor is involved.  JA 108; see JA 658 (magazine 
explaining that, besides Concert Investor, “all other firms involved [we]re 
subcontractors”).  The agency’s own conclusion that Concert Investor 
“contracts with [these] third part[y]” service providers, JA 108, shows 
that Concert Investor itself is not a provider of services for another 
eligible entity.7
The SBA also purported to distinguish Concert Investor’s range of 
activities from the activities of entities deemed eligible for grants.  But 
the agency’s distinctions provide no coherent view of the “range of 
services” that qualify an entity to be a “production company.”  JA 109-
110.  One qualifying company offers “trucking, storage, load-in, and 
staffing” services, but only “technical supervision to the artistic and 
7 The SBA also mentioned in passing that Concert Investor “does 
not organize *** live concerts” supposedly because, “[a]ccording to 
[Concert Investor’s] August 13, 2021 letter, a different entity is 
responsible for that function.”  JA 107-108.  But nothing in the statute 
suggests that a concert can have only one entity tasked with 
“organiz[ing]” the show.  In any event, the conclusion is wrong:  the letter 
does not even mention the word “organize” and instead was submitted to 
satisfy the statutory requirement that venues have certain technical 
staff.  15 U.S.C. § 9009a(a)(1)(A)(iii); see JA 107-108 (describing 
characteristics of “every venue that Concert Investor operated in”).
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32 
creative teams.”  JA 110 (discussing Blackbird Production Partners, 
LLC).  In contrast, a different qualifying company does not provide 
transportation, storage, or staffing, but does focus on “provid[ing] 
original content, music composition and arrangement, [and] creative 
development.”  JA 109 (discussing Matt Davenport Productions).  The 
SBA did not even try to offer a coherent basis for why those disparate 
groups of functions are integral to “producing” a concert, while the 
acknowledged functions performed by Concert Investor—“serv[ing] the 
needs of touring concert artists for lighting and sound, designing the plots 
and obtaining subcontractors to install and operate the necessary 
equipment”—are insufficient.  JA 108.   
2.  Armed with its narrowed definition, the SBA then proceeded to 
ignore key pieces of the record—and to misconstrue the rest.  Most 
notably, the SBA ignored industry articles expressly refuting the 
agency’s conclusion that Concert Investor was a mere “service provider” 
for lighting and sound.  One feature story described Concert Investor’s 
role as “Putting It All Together” for live concerts, JA 671, while another 
quotes twenty øne piløts’ explanation that Concert Investor does 
“everything you could ask of a production company and more.”  JA 658.  
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Those articles confirm that, beyond handling lighting and sound for 
performances, Concert Investor “produces the tour’s live elements, helps 
with TV moments, manages the production budget, production design, 
programming, vendor selection, and coordination,” “deals with hiring 
touring personnel,” and “broker[s]” the production.  JA 658; see id.
(explaining Concert Investor began working on production for Banditø 
Tour 14 months in advance).  The articles explain that Concert Investor 
creates and operates “custom set pieces”; oversees unique show features 
such as “special effects,” “cryo,” and “pyro”; manages “crewing,” and 
coordinates “air freighting the production between continents.”  JA 671.  
The articles reiterate that Concert Investor does not directly provide 
technical services, but relies on “[k]ey partnerships with [a] close knit 
group of vendors.”  JA 658.  Indeed, “all other firms involved are 
subcontractors.”  Id.
The articles further recount that part of the company’s critical role 
is to resolve any concern that may arise with respect to any aspect of the 
tour:  “When you approach Concert Investor with a problem or an issue, 
they provide you with a solution, no matter the difficulty.”  JA 671; see
JA 658.  Thus, twenty øne piløts turned to Concert Investor when the 
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34 
band needed to resolve broken gear, reprogram a part of the show to 
accommodate a creative change, or even charter a Boeing 747 to 
transport the entire production from Auckland to London.  JA 404, 410, 
413 (invoices reflecting activities).   
The SBA’s Decision is also bereft of any discussion of other 
pertinent record materials corroborating the magazines’ account of 
Concert Investor’s multifaceted responsibilities, including: 

managing the tour’s overall budget and advancing 
production costs, as evidenced by a record of the budget 
itself, 
JA 
369-385, 
plus 
invoices 
for 
“production 
reimbursement,” bank statements, Concert Investor’s 
April 2021 letter to the SBA, and a master ledger for the 
Banditø tour, see JA 252-313, 315-354, 639, 674-676; 

retaining, supervising, and organizing vendors and staff 
for aspects of the concert unrelated to or going beyond 
lighting and sound such as stage management, graphic 
design, video and software services, power generation and 
distribution, and special effects (including non-lighting 
effects like confetti) as evidenced by invoices, JA 655, 678, 
684-688 (invoices for power generation and distribution, 
stage managers, video directors, and content creator); 

set construction, as evidenced by schematic diagrams, see 
JA 576-610; and 

payroll and insurance for tour staff, as evidenced by bank 
wires and insurance policies, see JA 315-354, 525-559. 
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The SBA also misconstrued the limited evidence it did consider.  
The SBA confined its discussion of the record to just four materials, but 
none limits Concert Investor’s activities to the lighting and sound 
elements of concerts.  For example, the SBA read the red-line copy of 
Concert Investor’s agreement with twenty-øne piløts to say that “Twenty-
øne piløts was responsible for the transportation of the equipment and 
personnel retained by Concert Investor as well as the lodging of and per 
diem rates for the personnel.”  JA 107 (discussing JA 611-626).  But the 
agency never explained why those functions would affect the qualifying 
status of a producer under the Act (let alone why they would confine 
Concert Investor’s role to lighting and sound).     
To take another example, the August 11 letter discussed the scope 
of the activities Concert Investor undertook to “produce” concerts, 
including “spen[ding] thousands of hours over the course of 18 months to 
design, negotiate, hire, program, and insure each and every element” of 
the Banditø Tour alone.  JA 573 (emphasis added); see, e.g., JA 572 (“Our 
company procures and maintains the Workers Compensation Insurance 
and General Liability Insurance for all the production elements and 
associated labor for each production or tour.” (emphasis added)). The 
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owners explain that in their prior role as venue owners and operators, 
they built “partnerships with industry professionals that included audio, 
lighting, video and special effects vendors and technicians,” which 
Concert Investor “then leveraged *** to become an effective and 
competitive producer” handling “the entire production” for each tour.  JA 
573 (emphases added).   
Similarly, the SBA reviewed “several invoices” for “production 
reimbursement” which did not indicate that Concert Investor “provided 
any services beyond those connected with light and sound.”  JA 108 n.1.  
But additional invoices in the record expressly reference additional 
services, like those relating to special effects, camera and video, and stage 
management.  See JA 649, 651, 678.  More generally, invoices for 
“production reimbursement” do not exclude additional activities; they 
simply reflect industry participants’ understanding that Concert 
Investor “produces” shows.  JA 252-313.  The sheer amount Concert 
Investor earned for the Banditø Tour—millions of dollars, representing a 
substantial percentage of the more than $63 million in total revenue the 
tour generated, JA 573, 628-635—undermines the SBA’s cabined view of 
Concert Investor’s “limited” role.  JA 109. 
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The SBA’s failure to acknowledge, let alone grapple with, much of 
the record evidence—and its superficial review of the rest—was arbitrary 
and capricious and not supported by substantial evidence.  See AT&T 
Corp. v. FCC, 86 F.3d 242, 247 (D.C. Cir. 1996) (substantial evidence 
“means such relevant evidence as a reasonable mind might accept as 
adequate to support a conclusion,” taking into account “whatever in the 
record fairly detracts from its weight”).  “[B]ecause the agency 
decisionmaker entirely ignored relevant evidence,” the SBA’s decision 
cannot “withstand review.”  Morall v. DEA, 412 F.3d 165, 178 (D.C. Cir. 
2005) (emphasis omitted).  
3.  Although the district court acknowledged that the SBA “fail[ed] 
to cite or expressly analyze” certain “evidence in its written opinion,” the 
court found that “the arc of the agency’s reasoning is readily discernible.”  
JA 781.  Relying on Bowman Transportation, Incorporated v. Arkansas-
Best Freight System, Incorporated, 419 U.S. 281, 286 (1974), the court 
stated that an agency need only “engage with as much evidence as 
necessary such that its logic can reasonably be discerned.”  JA 777.  But 
that principle concerns the agency’s actual “treatment of [certain] 
evidence.”  419 U.S. at 290; see id. at 289-292 (reviewing agency’s reasons 
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for “attribut[ing] little significance” to specific category of evidence).  The 
agency here did not “acknowledge[] the [relevant materials] but 
conclude[] that they offered an inadequate rebuttal,” id. at 286; rather, it 
overlooked critical evidence, which therefore did not factor into the 
agency’s decisionmaking at all.  Even if the SBA’s reasoning were clear, 
that would not excuse “ignoring” record evidence “that is at odds with its 
conclusion.”  Genuine Parts Co. v. EPA, 890 F.3d 304, 313 (D.C. Cir. 2018) 
(formatting altered).    
The district court also surmised that “the SBA actually considered 
all of the record evidence”—even though the agency only “provided a 
written analysis as to some”—because the four pieces of evidence the 
Decision references were purportedly “representative” of the other 
materials in the record.  JA 778.  Not so:  there were whole categories of 
other evidence—including industry articles, the letter from Concert 
Investor’s accountant, venue contracts, Concert Investor’s operating 
agreement, workers’ compensation agreements, and the overall tour 
budget that Concert Investor managed—that went unmentioned.   
 Ultimately, the district court tried to overcome the Decision’s 
obvious shortcoming by simply analyzing the evidence for the first time 
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39 
itself—but even then, it misconstrued the record.  For example, when 
offering an analysis of the magazine articles the SBA ignored, the court 
emphasized their mention of lighting- and sound-related tasks.  See JA 
780.  It should be no surprise that magazines called Lighting and Sound 
America and Projection, Lights, and Staging News were especially 
interested in those aspects of the lighting-and-sound-intensive shows.  
But the magazines nevertheless highlighted additional tasks that the 
district court’s opinion omits, such as “managing the tour’s production 
budget, production design, *** and programming,” not to mention 
constructing the set and advancing costs.  See JA 658. 
The 
district 
court 
also 
minimized 
the 
various 
record 
characterizations of Concert Investor as “producer,” stating that those 
descriptions are “conclusory.”  JA 780.  But the question the court was 
purporting to answer was whether Concert Investor “produces” live 
concerts.  The fact that Concert Investor’s certified public accountant told 
the SBA that “Concert Investor is solely engaged in the business of 
producing live concert events,” JA 355—which was consistent with 
marked-up contracts with prominent industry player Live Nation and 
others (JA 611, 689), industry articles (JA 658, 671), and several other 
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40 
documents in the record—was highly probative, not “conclusory,” JA 780; 
see JA 355 (Nashville-based accountant “has handled the day to day 
accounting and business management services for Concert Investor since 
January 2019”).8
Regardless, even had the district court analyzed the evidence 
accurately, the court cannot “make up for such deficiencies” in the 
agency’s analysis by evaluating key evidence that the SBA neglected.  See 
Delaware Riverkeeper Network v. FERC, 753 F.3d 1304, 1313 (D.C. Cir. 
2014) (“We may not supply a reasoned basis for the agency’s action that 
the agency has not itself given” (quoting Motor Vehicle Mfrs. Ass’n of U.S., 
Inc. v. State Farm Mut. Auto. Ins. Co., 463 U.S. 29, 43 (1983))).
*** 
Properly construed, the record demonstrates that Concert Investor 
produces, organizes, and manages live concert tours—or, at the very 
least, is not “involved solely with lighting and sound.”  JA 110 (emphasis 
8 The SBA’s own guidance encouraged applicants administratively 
appealing grant denials to submit letters from their accountants as 
additional evidence that could “help applicants successfully advance 
through the review process.”  JA 730 (¶ 231(D)); see Edison Elec. Inst. v. 
EPA, 391 F.3d 1267, 169 (D.C. Cir. 2004) (agency must “adequately 
account[] for any departures” from guidance). 
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added).  Even under the Decision’s own terms, Concert Investor was 
entitled to summary judgment.     
C.
The Government’s Arguments Are Unpersuasive 
Rather than defend the agency’s reliance on the definition from its 
“frequently asked questions,” government litigation counsel attempted to 
“clarif[y]”—i.e., backfill—a definition of the key term “produces” for the 
first time before the district court.  JA 775 (focusing on “the government’s 
clarification of the term ‘producer’ in its briefs”).  Counsel argued that the 
agency properly denied Concert Investor’s application not because it was 
a mere “service provider for lighting and sound,” JA 108, but rather 
because it was not a “full service producer,” i.e., “the entity ‘ultimately 
responsible for essentially all aspects of putting together a concert,’” JA 
777 (emphasis added) (quoting Defs’ Cross-Mot. for S.J. 5, JA 142).  But 
that definition—in addition to being hopelessly post hoc, see pp. 52-55,
infra—conflicts with the industry understanding of the term, its 
commonsense meaning, fundamental rules of statutory construction, and 
congressional intent.   
First, although “[i]t is clear that some in the industry use the word 
[‘produces’] flexibly, including many who apply it to entities like Concert 
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Investor,” the district court instead prioritized the supposedly “ordinary 
meaning of the term” gleaned from the government’s generic dictionary 
citations.  JA 774.  But where Congress has not “specif[ied] in detail 
phrases that have an established meaning within a particular industry,” 
the “definitions are best developed with reference to the actual context of 
the regulated industry in question.”  Costle, 562 F.2d at 1319-1320; see 
id. at 1321 (holding that “the Administrator construed the term 
‘equipment and facilities’ in a narrow and artificial manner” that is not 
“consistent with the customary usage of the phrase in the railroad 
industry,” and remanding to the agency with instructions “that the 
realities of the railroad industry must govern the definition, not the 
predilections of the agency as to what it is prepared to regulate”).  Here, 
the “actual context” that is relevant is the uncontroverted record 
evidence—e.g., “articles in industry magazines, statements by people in 
the industry, and various contracts”—“show[ing] that Concert Investor is 
often called a ‘producer’ and is responsible for what some call the 
‘production’ elements of live performances.”  JA 773.  As the district court 
recognized, the record demonstrates that the industry employs “multiple 
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43 
senses of the word ‘production’ or ‘produce’”—yet “the agency plainly did 
not use the flexible definition.”  JA 779.9
Second, the government’s dictionary definitions do not mandate 
“ultimate control over all aspects of a show” in any event.  JA 774.  While 
the quoted definitions indicate that “producing” a concert can entail 
various tasks, none requires the entity to carry out every conceivable task 
across all conceivable features of a show, as the government’s “full-
service” interpretation requires.  On the contrary, the dictionary 
definitions suggest that “producing” may entail different activities that 
are not all encompassing: e.g., “administer[ing] the staging *** or the 
financial and managerial aspects,” JA 774 (emphasis added) (quoting 
Oxford’s English Dictionary); or “supervis[ing] and control[ling] the 
9 Even the (extra-record) authority the government cited in the 
district court—a job description for “Concert/Event Producer” from the 
Berklee College of Music—stresses that the live entertainment industry 
is “notorious for flexible job descriptions,” that a precise meaning of 
“concert and event producers [is] among the most difficult to pin down,” 
and that “every event requires a different approach” to understanding 
the producer’s role.  BERKLEE COLL. OF MUSIC, What does a Concert/Event 
Producer 
do?, 
https://www.berklee.edu/careers/roles/concertevent-
producer.  The district court erred in disregarding the context-specific, 
“flexible definition” of “produces” that the record indicates is 
commonplace in the industry (and is regularly applied to Concert 
Investor).  JA 779. 
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administrative, financial, and commercial aspects of staging a show or 
performance,” but not any of the creative elements, id. (quoting Am. 
Heritage Dictionary of the English Language (5th ed. 2022); or 
“supervis[ing] or financ[ing]” the performance, with scant else, id.
(emphasis added) (quoting Merriam-Webster’s Dictionary).  None of these 
definitions requires an entity to perform every activity in the “range of 
services” for which the SBA has previously awarded grants—e.g., 
“provid[ing] original content, music composition and arrangement, 
creative development, costuming, directing choreography, project 
management,” and more.  JA 109-110.  And none necessarily excludes 
“assum[ing] near or total responsibility for the lighting and sound”—i.e., 
undertaking “responsib[ility] for some designs, equipment, logistics 
occasional transportation, and more,” in addition to “contract[ing] with 
vendors”—for lighting- and sound-intensive concerts of the sort that 
Concert Investor produces (and designs, organizes, manages, etc.).  JA 
779, 781.   
Tellingly, most of the district court’s dictionary citations define the 
term “producer” (a noun), rather than the statutory term “produces” (a 
verb).  See JA 774-775; see also JA 777-779, 784; cf. 15 U.S.C. 
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§ 9009a(a)(1)(A) (making “live performing arts organization operator[s]” 
eligible for grant funding in addition to “theatrical producer[s]”).  Even if 
the court were correct about a necessarily all-encompassing “role of a 
producer,” that “comprehensive definition” would not necessarily exclude 
from the statutory definition an entity that “produces” a concert in 
certain (but not all) respects.  JA 774 (emphasis added).  Indeed, in both 
common and industry parlance, multiple persons or entities often are 
involved in “produc[ing]” (or “organiz[ing],” “manag[ing],” etc.) a live 
event.  15 U.S.C. § 9009a(a)(3)(A)(i)(I); see, e.g., JA 672-673 (show credits 
listing “Executive Producer,” “Production Designer,” and “Line 
Producer”).  But under the district court’s construction, if two or more 
entities divide up the responsibilities for handling “essentially all aspects 
of the show,” then none produces it.  Thus, because Concert Investor 
indisputably “had significant responsibilities” for the Banditø Tøur, JA 
779, the court’s interpretation implies that no entity could be credited 
with “producing” the shows—even though the government acknowledges 
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46 
that “every concert has at least one producer,” JA 805:15-22 (emphasis 
added).10
Third, the construction the district court embraced violates several 
basic canons of statutory construction.  Injecting the “full service” 
qualifier into the statutory definition of a live performing arts 
organization operator, JA 777, impermissibly “read[s] an absent word 
into the statute.”  Lamie v. United States Tr., 540 U.S. 526, 538 (2004).  
Adding that modifier to “produces” also makes little sense in light of the 
neighboring statutory terms, such as “promotes” or “hosts,” which 
concern discrete elements of putting on a show.  See also, e.g., Yates v. 
United States, 574 U.S. 528, 543 (2015) (under “the principle of noscitur 
a sociis *** a word is known by the company it keeps”).   
Moreover, the term “produces” is surrounded by a series of broad, 
disjunctive terms (“organizes,” “hosts,” “promotes,” and “manages”), 
10 At the summary judgment hearing, SBA’s counsel surmised that, 
“as to who’s the producer here, [his] best guess is Live Nation.”  JA 
805:23-24.  That “guess” is refuted by the SBA Decision itself, which 
acknowledges that Live Nation “operated and promoted” “a majority of 
the venues.” JA 107 (emphasis added).  And Concert Investor’s contract 
with Live Nation states that Concert Investor provided the production 
services for the twenty øne piløts concert at Live Nation’s venue.  JA 689.   
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indicating that Congress intended the provision to expansively 
encompass any entity exercising any of the specified functions—not to 
define the term narrowly to capture only entities that carry out all of the 
specified functions.  But construing “produces” to refer necessarily to “the 
entity responsible for essentially all of a concert,” JA 782, would swallow 
the other activities specified in the statutory definition, rendering those 
adjacent terms “altogether redundant,” Mercy Hosp., Inc. v. Azar, 891 
F.3d 1062, 1068 (D.C. Cir. 2018) (quoting ANTONIN SCALIA & BRYAN A.
GARNER, READING LAW: THE INTERPRETATION OF LEGAL TEXTS 176-177 
(2012)).   
Finally, the district court’s “full-service producer” gloss (JA 777) 
runs contrary to congressional intent.  Congress intended to provide 
critical financial support for the wide range of live performing arts small 
businesses—whether for-profit, non-profit, or government-owned, 15 
U.S.C. § 9009a(a)(3)(B)—whose activities were brought to a standstill by 
the pandemic.  Indeed, the title of the Act—The Economic Aid to Hard-
Hit Small Businesses, Nonprofits, and Venues Act—tells the story.  Yet 
under the district court’s restrictive reading, the only entities that could 
be considered “producers” would apparently be corporate behemoths like 
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“Live Nation.”  See JA 805:23-24 (SBA’s counsel surmising that, “as to 
who’s the producer here, [his] best guess is Live Nation.”).  Yet that 
construction runs headlong into Congress’s specific determination to 
exclude such large, publicly traded companies from the program.  See 15 
U.S.C. § 9009a(a)(1)(A)(vi)(I)-(II) (excluding live performing arts 
organization operators that, e.g., issue securities “on a national securities 
exchange” or that own or operate venues  “in more than 10 States” and 
“[e]mploy[] more than 500 employees”).11
The district court’s reading also undermines Congress’s intent for 
the money awarded to businesses like Concert Investor to flow to the 
“sound engineer[s], “booker[s],” “promoter[s],” “stage manager[s],” 
“[s]ecurity personnel,” and “box officer manager[s]” they hire.  15 U.S.C. 
§ 9009a(a)(1)(A)(iii).  As the SBA recognized, Concert Investor was the 
entity that hired the “subcontractors to install and operate the necessary 
equipment during a concert,” JA 108, along with stage managers and 
11 Publicly traded Live Nation earned over $6 billion in revenue in 
the third quarter of 2022 alone.  See Glenn Peoples, Live Nation Turns in 
Record Quarter as Touring Business Booms, BILLBOARD, Nov. 3, 2022, 
https://www.billboard.com/pro/live-nation-record-quarter-earnings-
touring-business-booms/.     
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other critical concert personnel, see JA 655, 678, 684-688 (invoices for 
power generation and distribution, stage managers, video directors, and 
content creator).  In nevertheless granting summary judgment to the 
agency, the district court failed to consider this aspect of the “broader 
context of the statute as a whole.”  State of Wisconsin v. EPA, 938 F.3d 
303, 313 (D.C. Cir. 2019) (“A reasonable statutory interpretation of the 
Provision must account for the broader context of the statute as a whole,” 
including “[t]he Act’s central object.” (citations, ellipsis, and internal 
quotation marks omitted)).
D.
In All Events, A “Lighting And Sound Producer” Is Still 
A “Producer” 
Even accepting the SBA’s stingy conclusion that Concert Investor 
was “involved solely with lighting and sound,” JA 110 (emphasis added), 
the agency’s decision was still arbitrary and capricious.  That is because 
the record reflects that lighting and sound are integral, not incidental, to 
the immersive experience these live concerts offer to the audience, 
providing “the production’s most stunning moments.”  JA 662.  The 
Decision never explains why an entity’s production of those essential 
elements of Concert Investor’s shows should not qualify it as a “producer” 
of live events.  JA 109 (stating generally that “the limited services which 
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Concert Investor provided for its client renders it ineligible for a” grant).  
Denying Concert Investor’s application because its principal duties for 
rock music concerts involved “lighting” and “sound” is akin to denying a 
ballet producer’s application because its principal duties for dance 
performances involved “music” and “choreography.”      
Take, for example, twenty øne piløts’ explanation that, because 
“color means a lot to our brand,” their concerts “rely[] heavily on video 
content” and lighting interwoven with the songs’ storytelling to 
communicate a plot throughout the show.  JA 661 (“our color palette goes 
back and forth from red and white to green and yellow, because there is 
a battle going on between the antagonists and the banditos, our heroes”; 
later, yellow and red “show that the battle has become a constant 
struggle”; the last song is green and yellow, reflecting “the resolve”).  Or 
consider the elaborate bridge Concert Investor conceived of, built, and 
operated, which served as a “key scenic element” on the Banditø Tøur, 
“illustrat[ing] the struggle between two places” that forms the “theme” of 
the album, intended to “represent” various things in the audience 
members’ lives, like “a relationship, a decision you have to make, or a life 
struggle.”  JA 659.  For just that tour alone, Concert Investor was 
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responsible for close to “107 pages of creative elements,” “started work on 
the production 14 months before the tour started,” and spent 60 days 
“program[ming], sometimes up to 1,000 lighting cues per song,” as “the 
coolest part of the creative process.”  JA 658, 661.   
In other words, lighting and sound are central to the production of 
Concert Investor’s shows.  In contrast, several of the tasks that were 
critical to the shows of eligible entities like Matt Davenport Productions, 
such as “costuming” and dance “choreography,” JA 109, are ancillary to 
the types of concerts Concert Investor produced.  Yet without 
explanation, the SBA selectively credited some of these functions and not 
others, divorced from a record-based understanding of the functions 
relevant to this application.     
In sum, undertaking “total responsibility for the lighting and 
sound” of Concert Investor’s lighting- and sound-intensive tours, JA 781, 
is comparable to the services (such as “provid[ing] original content,” 
“creative development,” and “directing”) that the agency found made 
other entities eligible, JA 109-110.  By nonetheless categorically 
discounting lighting and sound functions as activities that could 
constitute “producing,” the SBA ignored the nature of the relevant shows 
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described extensively in the record, and the comprehensive manner in 
which Concert Investor “put[] it all together.”  JA 671; see American Ass’n 
of Cosmetology Schools v. Devos, 258 F. Supp. 3d 50, 73 (D.D.C. 2017) 
(finding arbitrary and capricious agency’s “wooden use” of a general 
methodology that failed to account for undisputed practical realities); see 
also State Farm, 463 U.S. at 43 (agency must provide “rational connection 
between the facts found and the choice made”).    
II.
AT A MINIMUM, REMAND TO THE AGENCY IS REQUIRED 
A.
The District Court Erred In Crediting The Agency’s 
Post Hoc Interpretation Of The Word “Produces” 
“It is a ‘foundational principle of administrative law’ that judicial 
review of agency action is limited to ‘the grounds that the agency invoked 
when it took the action.’”  Department of Homeland Sec. v. Regents of the 
Univ. of Cal., 140 S. Ct. 1891, 1907 (2020) (quoting Michigan v. EPA, 576 
U.S. 743, 758 (2015)); see SEC v. Chenery Corp., 318 U.S. 80, 95 (1943) 
(an agency’s decision “cannot be upheld unless the grounds upon which 
the agency acted in exercising its powers were those upon which its action 
can be sustained”).  The agency “may elaborate later” on “the 
determinative reason[s] for the final action taken,” “but may not provide 
new ones.”  Regents of the Univ. of Cal., 140 S. Ct. at 1908 (citation 
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omitted).  That rule “applies to rationalizations offered for the first time 
in *** arguments of counsel.”  Alpharma, Inc. v. Leavitt, 460 F.3d 1, 6 
(D.C. Cir. 2006) (quoting Local 814, Int’l Bhd. Of Teamsters v. NLRB, 546 
F.2d 989, 992 (D.C. Cir. 1976)). 
The district court failed to limit its review of the SBA Decision to 
the grounds invoked originally by the agency.  It acknowledged that “the 
appropriate definition” of the key statutory term “produces” is “not a 
simple interpretive question,” that “the SBA had not previously offered” 
or “expressly state[d] such a definition,” and that the SBA had not 
“directly articulate[d] [its] reasoning.”  JA 773-775.  Nevertheless, the 
court embraced the DOJ’s made-for-litigation argument:  that the 
definition of “produces” requires an entity to be “ultimately responsible 
for essentially all aspects of putting a concert together.”  JA 773.   
That error should not stand.  The court reasoned that the SBA’s 
Decision “strongly implied” the definition of “produces” asserted in the 
agency’s litigation brief.  JA 774.  Not so.  While the agency held that a 
“service provider for lighting and sound” is not a producer, see JA 108, it 
neither explained why nor elaborated on what an applicant must do to be 
a producer.  That defect is underscored by the inconsistent “range of 
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services” the agency cited with respect to Concert Investor’s competitors 
that did qualify as live performing arts organization operators.  JA 109-
110; see pp. 31-32, supra.  If anything, the SBA’s ad hoc discussion of 
Concert Investor’s competitors is nearer to the “flexible definition of 
‘producer’” reflected in the record than the “full service” definition the 
district court embraced.  JA 774. 
The district court also reasoned that the SBA’s reliance on the 
definition of theatrical producer—i.e., a different Shuttered Venue 
Operators Grant eligibility category—“suggests the term would carry 
similarly broad responsibilities in the live concert context.”  JA 775.  But 
Congress’s decision to make live performing arts organization operators 
eligible for grants in addition to “theatrical producer[s]” makes clear that 
the two types of entities are not required to carry out all the same 
functions to “produce” events.  15 U.S.C. § 9009a(a)(1)(A), (3).  
At bottom, rather than merely providing an “amplified articulation” 
of the SBA’s original reasoning, JA 775 (citation omitted), the 
government settled on a “‘convenient litigating position’” that “force[d] 
*** litigants and courts to chase a moving target,” Regents of the U. of 
Cal., 140 S. Ct. at 1908 (alteration omitted) (quoting Christopher v. 
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SmithKline Beecham Corp., 567 U.S. 142, 155 (2012)).  Because the SBA 
Decision provided no affirmative definition of “produces,” Concert 
Investor had no way to critique that (nonexistent) definition.  Thus, while 
Concert Investor’s initial summary judgment brief focused on 
challenging the SBA’s lighting-and-sound-provider conclusion, the 
agency’s post hoc litigating position forced Concert Investor to expand its 
arguments midstream to refute the “full service,” “all aspects” definition 
the government articulated for the first time in court.  JA 774.  Because 
it is undisputed that the agency has never “expressly state[d]” a 
definition of “produces,” at a bare minimum the agency should have been 
tasked with articulating a definition consistent with the statute in the 
first instance.   
B.
The District Court Erred In Granting Summary 
Judgment On Concert Investor’s Claim Of Disparate 
Treatment   
Remand to the agency is also required for the separate reason that 
the administrative record did not resolve Concert Investor’s disparate-
treatment claim.  “It is axiomatic that an agency must treat similar cases 
in a similar manner unless it can provide a legitimate reason for failing 
to do so.”  Kreis v. Secretary of Air Force, 406 F.3d 684, 687 (D.C. Cir. 
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56 
2005) (alteration and internal quotation marks omitted) (quoting 
Independent Petroleum Ass’n of Am. v. Babbitt, 92 F.3d 1248, 1258 (D.C. 
Cir. 1996)); accord, e.g., Westar Energy, Inc. v. Federal Energy Regul. 
Comm’n, 473 F.3d 1239, 1241 (D.C. Cir. 2007) (“A fundamental norm of 
administrative procedure requires an agency to treat like cases alike.”).  
“On arbitrary and capricious review, [the agency] bears the burden ‘to 
provide some reasonable justification for any adverse treatment relative 
to similarly situated competitors.’”  Baltimore Gas & Elec. Co. v. Federal 
Energy Regul. Comm’n, 954 F.3d 279, 283 (D.C. Cir. 2020) (quoting ANR 
Storage Co. v. Federal Energy Regul. Comm’n, 904 F.3d 1020, 1025 (D.C. 
Cir. 2018)).  
The SBA admitted that it had treated three similarly situated 
competitors differently from Concert Investor, and could not justify that 
differential treatment.  See JA 110.  Rather than remedy the disparity by 
treating Concert Investor consistently, however, the agency stated that 
it was “reevaluating and reconsidering the eligibility” of the three 
entities, and might seek to recoup the funds.  Id.  As two other federal 
courts recently recognized in granting summary judgment to the 
plaintiffs, such “uncertain plans” to recoup Shuttered Venue Operators 
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57 
Grant funds in the future are insufficient to remedy arbitrary agency 
action.  Mem. Op. 9-10 n.2, MomoCon, LLC v. Small Bus. Admin., No. 
1:21-cv-02386-RC (D.D.C. Feb. 10, 2022), ECF No. 32 (JA 120-121); Order 
11, Sokol World Ent., Inc. v. Small Bus. Admin., No. 1:21-cv-02385-TSC 
(D.D.C. Sept. 28, 2022), ECF No. 47.  In line with those holdings, the 
district court should have granted summary judgment to Concert 
Investor and remanded to the agency.  
Instead, the district court granted summary judgment to the 
agency.  That was error, both procedurally and substantively.    
As to the former misstep, the district court relied on new evidence 
not in the administrative record.  “[I]t is black-letter administrative law 
that in an APA case, a reviewing court should have before it neither more 
nor less information than did the agency when it made its decision.”  Hill 
Dermaceuticals, Inc. v. Food & Drug Admin., 709 F.3d 44, 47 (D.C. Cir. 
2013) (per curiam) (internal quotation marks omitted).  Exceptions to 
that rule are “quite narrow and rarely invoked,” and are “primarily 
limited to cases where the procedural validity of the agency’s action 
remains in serious question, or the agency affirmatively excluded 
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58 
relevant evidence.”  CTS Corp. v. EPA, 759 F.3d 52, 64 (D.C. Cir. 2014) 
(internal citations and quotation marks omitted).   
After Concert Investor brought this lawsuit, the government 
submitted to the district court a declaration stating that the agency 
(i) had determined those three competitors were ineligible for awards, 
(ii) is developing a process for recovering the awards, and (iii) will make 
an effort to recoup the three competitors’ awards.  JA 741.  The district 
court held that “[t]he agency need not do more.”  JA 783.  Yet, in 
considering the government’s affidavit, the district court did not find any 
of the circumstances where this Court has found extra-record evidence to 
be permissible: “(1) if the agency deliberately or negligently excluded 
documents that may have been adverse to its decision, (2) if background 
information was needed to determine whether the agency considered all 
the relevant factors, or (3) if the agency failed to explain administrative 
action so as to frustrate judicial review.”  City of Dania Beach v. FAA, 628 
F.3d 581, 590 (D.C. Cir. 2010) (citation and internal quotation marks 
omitted). 
Beyond that procedural violation, the district court erred in 
accepting the agency’s declaration as a means of curing the admittedly 
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59 
disparate treatment.  The SBA stated that the recovery process is “still 
under development,” gave no assurance about when it would be 
operative, and asserted only that the agency will make “an effort” to 
recoup the awards once the process is in place.  JA 748 ¶ 6.  Given the 
acknowledged uncertainty over how and when (and how much) the 
agency will recoup, the district court should have remanded for the SBA 
to sort out the problems it created through its differential treatment.  It 
should not have rewarded the SBA for its own mistake by granting 
judgment to the agency.   
That is especially true given that, to this day, Concert Investor 
continues to suffer adverse consequences from the agency’s “honest 
mistake.”  JA 783.  The company has operated at a distinct disadvantage 
relative to the competitors who had the capital (in the form of Shuttered 
Venue Operators Grant funds) that Concert Investor lacked coming out 
of the pandemic, and who could use those millions of dollars in grants to 
bid on the large-scale concerts that Concert Investor could not.  See JA 
573; see JA 23-27 ¶¶ 8-9, 14-20.  A federal agency should not be permitted 
to “pick winners and losers in this way.”  ANR Storage Co, 904 F.3d at 
1025-26.  Rather than granting summary judgment to the government, 
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60 
the district court should have remanded the matter to the agency to 
actually remedy the disparity, one way or another.   
CONCLUSION 
This Court should reverse the district court’s order granting the 
government’s motion for summary judgment with instructions to grant 
Concert Investor’s motion for summary judgment.  At a minimum, the 
Court should vacate the district court’s order granting the government’s 
motion for summary judgment with instructions to remand to the agency.  
Respectfully submitted, 
/s/ James E. Tysse 
 
James E. Tysse 
Caroline L. Wolverton 
Lide E. Paterno 
Michael Weisbuch  
Michael W. Fires 
AKIN GUMP STRAUSS HAUER &
FELD LLP 
Attorneys for Plaintiff-Appellant  
Concert Investor, LLC 
Dated: July 17, 2023
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CERTIFICATE OF COMPLIANCE 
The foregoing brief is in 14-point Century Schoolbook proportional 
font and contains 11,150 words, and thus complies with Federal Rule of 
Appellate Procedure 32(a) and Circuit Rule 32(e)(1). 
Dated: 
July 17, 2023 
/s/ James E. Tysse 
 
James E. Tysse 
USCA Case #22-5253      Document #2008243            Filed: 07/17/2023      Page 71 of 92

CERTIFICATE OF SERVICE 
I hereby certify that, on July 17, 2023, I served the foregoing brief 
upon counsel of record by filing a copy of the document with the Clerk 
through the Court’s electronic docketing system. 
/s/ James E. Tysse 
 
James E. Tysse 
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ADDENDUM
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TABLE OF CONTENTS 
15 USC § 9009a ................................................................................ Add. 1 
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Add. 1 
United States Code 
Title 15. Commerce and Trade 
Chapter 116. Coronavirus Economic Stabilization (Cares Act) 
Subchapter I. Keeping American Workers Paid and Employed 
§ 9009a.  Grants for shuttered venue operators 
 (a) Definitions
In this section: 
 (1) Eligible person or entity
 (A) In general
The term “eligible person or entity” means a live venue operator or 
promoter, theatrical producer, or live performing arts organization 
operator, a relevant museum operator, a motion picture theatre 
operator, or a talent representative that meets the following 
requirements: 
 (i) The live venue operator or promoter, theatrical producer, or live 
performing arts organization operator, the relevant museum 
operator, the motion picture theatre operator, or the talent 
representative-- 
 (I) was fully operational as a live venue operator or promoter, 
theatrical producer, or live performing arts organization operator, 
a relevant museum operator, a motion picture theatre operator, or 
a talent representative on February 29, 2020; and 
 (II) has gross earned revenue during the first, second, third, or, 
only with respect to an application submitted on or after January 
1, 2021, fourth quarter in 2020 that demonstrates not less than a 
25 percent reduction from the gross earned revenue of the live 
venue operator or promoter, theatrical producer, or live performing 
arts organization operator, the relevant museum operator, the 
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Add. 2 
motion picture theatre operator, or the talent representative 
during the same quarter in 2019. 
 (ii) As of the date of the grant under this section-- 
 (I) the live venue operator or promoter, theatrical producer, or live 
performing arts organization operator is or intends to resume 
organizing, promoting, producing, managing, or hosting future live 
events described in paragraph (3)(A)(i); 
 (II) the motion picture theatre operator is open or intends to 
reopen for the primary purpose of public exhibition of motion 
pictures; 
 (III) the relevant museum operator is open or intends to reopen; 
or 
 (IV) the talent representative is representing or managing artists 
and entertainers. 
 (iii) The venues at which the live venue operator or promoter, 
theatrical producer, or live performing arts organization operator 
promotes, produces, manages, or hosts events described in 
paragraph (3)(A)(i) or the artists and entertainers represented or 
managed by the talent representative perform have the following 
characteristics: 
 (I) A defined performance and audience space. 
 (II) Mixing equipment, a public address system, and a lighting rig. 
 (III) Engages 1 or more individuals to carry out not less than 2 of 
the following roles: 
 (aa) A sound engineer. 
 (bb) A booker. 
 (cc) A promoter. 
 (dd) A stage manager. 
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 (ee) Security personnel. 
 (ff) A box office manager. 
 (IV) There is a paid ticket or cover charge to attend most 
performances and artists are paid fairly and do not play for free or 
solely for tips, except for fundraisers or similar charitable events. 
 (V) For a venue owned or operated by a nonprofit entity that 
produces free events, the events are produced and managed 
primarily by paid employees, not by volunteers. 
 (VI) Performances are marketed through listings in printed or 
electronic publications, on websites, by mass email, or on social 
media. 
 (iv) A motion picture theatre or motion picture theatres operated by 
the 
motion 
picture 
theatre 
operator 
have 
the 
following 
characteristics: 
 (I) At least 1 auditorium that includes a motion picture screen and 
fixed audience seating. 
 (II) A projection booth or space containing not less than 1 motion 
picture projector. 
 (III) A paid ticket charge to attend exhibition of motion pictures. 
 (IV) Motion picture exhibitions are marketed through showtime 
listings in printed or electronic publications, on websites, by mass 
mail, or on social media. 
 (v) The relevant museum or relevant museums for which the 
relevant museum operator is seeking a grant under this section have 
the following characteristics: 
 (I) Serving as a relevant museum as its principal business activity. 
 (II) Indoor exhibition spaces that are a component of the principal 
business activity and which have been subjected to pandemic-
related occupancy restrictions. 
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Add. 4 
 (III) At least 1 auditorium, theater, or performance or lecture hall 
with fixed audience seating and regular programming. 
 (vi)(I) The live venue operator or promoter, theatrical producer, or 
live performing arts organization operator, the relevant museum 
operator, the motion picture theatre operator, or the talent 
representative does not have, or is not majority owned or controlled 
by an entity with, any of the following characteristics: 
 (aa) Being an issuer, the securities of which are listed on a 
national securities exchange. 
 (bb) Receiving more than 10 percent of gross revenue from Federal 
funding during 2019, excluding amounts received by the live venue 
operator or promoter, theatrical producer, or live performing arts 
organization operator, the relevant museum operator, the motion 
picture theatre operator, or the talent representative under the 
Robert T. Stafford Disaster Relief and Emergency Assistance Act 
(42 U.S.C. 5121 et seq.). 
 (II) The live venue operator or promoter, theatrical producer, or live 
performing arts organization operator, the relevant museum 
operator, the motion picture theatre operator, or the talent 
representative does not have, or is not majority owned or controlled 
by an entity with, more than 2 of the following characteristics: 
 (aa) Owning or operating venues, relevant museums, motion 
picture theatres, or talent agencies or talent management 
companies in more than 1 country. 
 (bb) Owning or operating venues, relevant museums, motion 
picture theatres, or talent agencies or talent management 
companies in more than 10 States. 
 (cc) Employing more than 500 employees as of February 29, 2020, 
determined on a full-time equivalent basis in accordance with 
subparagraph (C). 
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Add. 5 
 (III) For purposes of applying the characteristics described in 
subclauses (I) and (II) to an entity owned by a State or a political 
subdivision of a State, the relevant entity-- 
 (aa) shall be the live venue operator or promoter, theatrical 
producer, or live performing arts organization operator, the 
relevant museum operator, the motion picture theatre operator, or 
the talent representative; and 
 (bb) shall not include entities of the State or political subdivision 
other than the live venue operator or promoter, theatrical 
producer, or live performing arts organization operator, the 
relevant museum operator, the motion picture theatre operator, or 
the talent representative. 
 (IV) Redesignated (III) 
 (B) Exclusion
The term “eligible person or entity” shall not include a live venue 
operator or promoter, theatrical producer, or live performing arts 
organization operator, a relevant museum operator, a motion picture 
theatre operator, or a talent representative that-- 
 (i) presents live performances of a prurient sexual nature; or 
 (ii) derives, directly or indirectly, more than de minimis gross 
revenue through the sale of products or services, or the presentation 
of any depictions or displays, of a prurient sexual nature. 
 (C) Calculation of full-time employees
For purposes of determining the number of full-time equivalent 
employees under subparagraph (A)(vi)(II)(cc) of this paragraph and 
under paragraph (2)(E)-- 
 (i) any employee working not fewer than 30 hours per week shall be 
considered a full-time employee; and 
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Add. 6 
 (ii) any employee working not fewer than 10 hours and fewer than 
30 hours per week shall be counted as one-half of a full-time 
employee. 
 (D) Multiple business entities
Each business entity of an eligible person or entity that also meets the 
requirements under subparagraph (A) and that is not described in 
subparagraph (B) shall be treated by the Administrator as an 
independent, non-affiliated entity for the purposes of this section. 
 (2) Exchange; issuer; security
The terms “exchange”, “issuer”, and “security” have the meanings given 
those terms in section 78c(a) of this title. 
 (3) Live venue operator or promoter, theatrical producer, or live 
performing arts organization operator
The term “live venue operator or promoter, theatrical producer, or live 
performing arts organization operator”-- 
 (A) means-- 
 (i) an individual or entity-- 
 (I) that, as a principal business activity, organizes, promotes, 
produces, manages, or hosts live concerts, comedy shows, 
theatrical productions, or other events by performing artists for 
which-- 
 (aa) a cover charge through ticketing or front door entrance fee 
is applied; and 
 (bb) performers are paid in an amount that is based on a 
percentage of sales, a guarantee (in writing or standard contract), 
or another mutually beneficial formal agreement; and 
 (II) for which not less than 70 percent of the earned revenue of the 
individual or entity is generated through, to the extent related to 
a live event described in subclause (I), cover charges or ticket sales, 
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Add. 7 
production 
fees 
or 
production 
reimbursements, 
nonprofit 
educational initiatives, or the sale of event beverages, food, or 
merchandise; or 
 (ii) an individual or entity that, as a principal business activity, 
makes available for purchase by the public an average of not less 
than 60 days before the date of the event tickets to events-- 
 (I) described in clause (i)(I); and 
 (II) for which performers are paid in an amount that is based on a 
percentage of sales, a guarantee (in writing or standard contract), 
or another mutually beneficial formal agreement; and 
 (B) includes an individual or entity described in subparagraph (A) 
that-- 
 (i) operates for profit; 
 (ii) is a nonprofit organization; 
 (iii) is government-owned; or 
 (iv) is a corporation, limited liability company, or partnership or 
operated as a sole proprietorship. 
 (4) Motion picture theatre operator
The term “motion picture theatre operator” means an individual or 
entity that-- 
 (A) as the principal business activity of the individual or entity, owns 
or operates at least 1 place of public accommodation for the purpose 
of motion picture exhibition for a fee; and 
 (B) includes an individual or entity described in subparagraph (A) 
that-- 
 (i) operates for profit; 
 (ii) is a nonprofit organization; 
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Add. 8 
 (iii) is government-owned; or 
 (iv) is a corporation, limited liability company, or partnership or 
operated as a sole proprietorship. 
 (5) National securities exchange
The term “national securities exchange” means an exchange registered 
as a national securities exchange under section 78f of this title. 
 (6) Nonprofit
The term “nonprofit”, with respect to an organization, means that the 
organization is exempt from taxation under section 501(a) of Title 26. 
 (7) Relevant museum
The term “relevant museum”-- 
 (A) has the meaning given the term “museum” in section 9172 of Title 
20; and 
 (B) shall not include any entity that is organized as a for-profit entity. 
 (8) Seasonal employer
The term “seasonal employer” has the meaning given that term in 
subparagraph (A) of section 636(a)(36) of this title, as amended by this 
Act. 
 (9) State
The term “State” means-- 
 (A) a State; 
(B) the District of Columbia; 
 (C) the Commonwealth of Puerto Rico; and 
 (D) any other territory or possession of the United States. 
 (10) Talent representative
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Add. 9 
The term “talent representative”-- 
 (A) means an agent or manager that-- 
 (i) as not less than 70 percent of the operations of the agent or 
manager, is engaged in representing or managing artists and 
entertainers; 
 (ii) books or represents musicians, comedians, actors, or similar 
performing artists primarily at live events in venues or at festivals; 
and 
 (iii) represents performers described in clause (ii) that are paid in 
an amount that is based on the number of tickets sold, or a similar 
basis; and 
 (B) includes an agent or manager described in subparagraph (A)  
that-- 
 (i) operates for profit; 
 (ii) is a nonprofit organization; 
 (iii) is government-owned; or 
 (iv) is a corporation, limited liability company, or partnership or 
operated as a sole proprietorship. 
 (b) Authority
 (1) In general
 (A) Administration
The Associate Administrator for the Office of Disaster Assistance of 
the Administration shall coordinate and formulate policies relating to 
the administration of grants made under this section. 
 (B) Certification of need
An eligible person or entity applying for a grant under this section 
shall submit a good faith certification that the uncertainty of current 
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Add. 10 
economic conditions makes necessary the grant to support the ongoing 
operations of the eligible person or entity. 
 (2) Initial grants
 (A) In general
The Administrator may make initial grants to eligible persons or 
entities in accordance with this section. 
 (B) Initial priorities for awarding grants
 (i) First priority in awarding grants
During the initial 14-day period during which the Administrator 
awards grants under this paragraph, the Administrator shall only 
award grants to an eligible person or entity with revenue, during the 
period beginning on April 1, 2020 and ending on December 31, 2020, 
that is not more than 10 percent of the revenue of the eligible person 
or entity during the period beginning on April 1, 2019 and ending on 
December 31, 2019, due to the COVID-19 pandemic. 
 (ii) Second priority in awarding grants
During the 14-day period immediately following the 14-day period 
described in clause (i), the Administrator shall only award grants to 
an eligible person or entity with revenue, during the period 
beginning on April 1, 2020 and ending on December 31, 2020, that 
is not more than 30 percent of the revenue of the eligible person or 
entity during the period beginning on April 1, 2019 and ending on 
December 31, 2019, due to the COVID-19 pandemic. 
 (iii) Determination of revenue
For purposes of clauses (i) and (ii)-- 
 (I) any amounts received by an eligible person or entity under the 
CARES Act (Public Law 116-136; 134 Stat. 281) or an amendment 
made by the CARES Act shall not be counted as revenue of an 
eligible person or entity; 
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Add. 11 
 (II) the Administrator shall use an accrual method of accounting 
for determining revenue; and 
 (III) the Administrator may use alternative methods to establish 
revenue losses for an eligible person or entity that is a seasonal 
employer and that would be adversely impacted if January, 
February, and March are excluded from the calculation of year-
over-year revenues. 
 (iv) Limit on use of amounts for priority applicants
The Administrator may use not more than 80 percent of the amounts 
appropriated under section 323(d)(1)(H) of this Act to carry out this 
section to make initial grants under this paragraph to eligible 
persons or entities described in clause (i) or (ii) of this subparagraph 
that apply for a grant under this paragraph during the initial 28-day 
period during which the Administrator awards grants under this 
paragraph. 
 (C) Grants after priority periods
After the end of the initial 28-day period during which the 
Administrator 
awards 
grants 
under 
this 
paragraph, 
the 
Administrator may award an initial grant to any eligible person or 
entity. 
 (D) Limits on number of initial grants to affiliates
Not more than 5 business entities of an eligible person or entity that 
would be considered affiliates under the affiliation rules of the 
Administration may receive a grant under this paragraph. 
 (E) Set-aside for small employers
 (i) In general
Subject to clause (ii), not less than $2,000,000,000 of the total 
amount of grants made available under this paragraph shall be 
awarded to eligible persons or entities which employ not more than 
50 full-time employees, determined in accordance with subsection 
(a)(1)(C). 
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Add. 12 
 (ii) Time limit
Clause (i) shall not apply on and after the date that is 60 days after 
the Administrator begins awarding grants under this section and, 
on and after such date, amounts available for grants under this 
section may be used for grants under this section to any eligible 
person or entity. 
 (3) Supplemental grants
 (A) In general
Subject to subparagraph (B), the Administrator may make a 
supplemental grant in accordance with this section to an eligible 
person or entity that receives a grant under paragraph (2) if, as of 
April 1, 2021, the revenues of the eligible person or entity for the most 
recent calendar quarter are not more than 30 percent of the revenues 
of the eligible person or entity for the corresponding calendar quarter 
during 2019 due to the COVID-19 pandemic. 
 (B) Processing timely initial grant applications first
The Administrator may not award a supplemental grant under 
subparagraph (A) until the Administrator has completed processing 
(including determining whether to award a grant) each application for 
an initial grant under paragraph (2) that is submitted by an eligible 
person or entity on or before the date that is 60 days after the date on 
which the Administrator begins accepting such applications. 
 (4) Certification
An eligible person or entity applying for a grant under this section that 
is an eligible business described in the matter preceding subclause (I) 
of section 4003(c)(3)(D)(i) of the CARES Act (15 U.S.C. 9042(c)(3)(D)(i)), 
shall make a good-faith certification described in subclauses (IX) and 
(X) of such section. 
 (c) Amount
 (1) Initial grants
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Add. 13 
 (A) In general
Subject to subparagraphs (B) and (C), a grant under subsection (b)(2) 
shall be in the amount equal to the lesser of-- 
 (i)(I) for an eligible person or entity that was in operation on 
January 1, 2019, the amount equal to 45 percent of the gross earned 
revenue of the eligible person or entity during 2019; or 
 (II) for an eligible person or entity that began operations after 
January 1, 2019, the amount equal to the product obtained by 
multiplying-- 
 (aa) the average monthly gross earned revenue for each full month 
during which the eligible person or entity was in operation during 
2019; by 
 (bb) 6; or 
 (ii) $10,000,000. 
 (B) Application to relevant museum operators
A relevant museum operator may not receive grants under subsection 
(b)(2) in a total amount that is more than $10,000,000 with respect to 
all relevant museums operated by the relevant museum operator. 
 (C) Reduction for recipients of new PPP loans
 (i) In general
The otherwise applicable amount of a grant under subsection (b)(2) 
to an eligible person or entity shall be reduced by the total amount 
of loans guaranteed under paragraph (36) or (37) of section 636(a) of 
this title that are received on or after December 27, 2020 by the 
eligible person or entity. 
 (ii) Application to governmental entities
For purposes of applying clause (i) to an eligible person or entity 
owned by a State or a political subdivision of a State, the relevant 
entity-- 
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Add. 14 
 (I) shall be the eligible person or entity; and 
 (II) shall not include entities of the State or political subdivision 
other than the eligible person or entity. 
 (2) Supplemental grants
A grant under subsection (b)(3) shall be in the amount equal to 50 
percent of the grant received by the eligible person or entity under 
subsection (b)(2). 
 (3) Overall maximums
The total amount of grants received under paragraphs (2) and (3) of 
subsection (b) by an eligible person or entity shall be not more than 
$10,000,000. 
 (d) Use of funds
 (1) Timing
 (A) Expenses incurred
 (i) In general
Except as provided in clause (ii), amounts received under a grant 
under this section may be used for costs incurred during the period 
beginning on March 1, 2020, and ending on December 31, 2021. 
 (ii) Extension for supplemental grants
If an eligible person or entity receives a grant under subsection 
(b)(3), amounts received under either grant under this section may 
be used for costs incurred during the period beginning on March 1, 
2020, and ending on June 30, 2022. 
 (B) Expenditure
 (i) In general
Except as provided in clause (ii), an eligible person or entity shall 
return to the Administrator any amounts received under a grant 
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Add. 15 
under this section that are not expended on or before the date that 
is 1 year after the date of disbursement of the grant. 
 (ii) Extension for supplemental grants
If an eligible person or entity receives a grant under subsection 
(b)(3), the eligible person or entity shall return to the Administrator 
any amounts received under either grant under this section that are 
not expended on or before the date that is 18 months after the date 
of disbursement to the eligible person or entity of the grant under 
subsection (b)(2). 
 (2) Allowable expenses
 (A) Definitions
In this paragraph-- 
 (i) the terms “covered mortgage obligation”, “covered rent 
obligation”, “covered utility payment”, and “covered worker 
protection expenditure” have the meanings given those terms in 
section 636m(a) of this title, as redesignated, transferred, and 
amended by this Act; and 
 (ii) the term “payroll costs” has the meaning given that term in 
section 636(a)(36)(A) of this title. 
 (B) Expenses
An eligible person or entity may use amounts received under a grant 
under this section for-- 
 (i) payroll costs; 
 (ii) payments on any covered rent obligation; 
 (iii) any covered utility payment; 
 (iv) scheduled payments of interest or principal on any covered 
mortgage obligation (which shall not include any prepayment of 
principal on a covered mortgage obligation); 
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Add. 16 
 (v) scheduled payments of interest or principal on any indebtedness 
or debt instrument (which shall not include any prepayment of 
principal) incurred in the ordinary course of business that is a 
liability of the eligible person or entity and was incurred prior to 
February 15, 2020; 
 (vi) covered worker protection expenditures; 
 (vii) payments made to independent contractors, as reported on 
Form-1099 MISC, not to exceed a total of $100,000 in annual 
compensation for any individual employee of an independent 
contractor; and 
 (viii) other ordinary and necessary business expenses, including-- 
 (I) maintenance expenses; 
 (II) administrative costs, including fees and licensing costs; 
 (III) State and local taxes and fees; 
 (IV) operating leases in effect as of February 15, 2020; 
 (V) payments required for insurance on any insurance policy; and 
 (VI) 
advertising, 
production 
transportation, 
and 
capital 
expenditures related to producing a theatrical or live performing 
arts production, concert, exhibition, or comedy show, except that a 
grant under this section may not be used primarily for such 
expenditures. 
 (3) Prohibited expenses
An eligible person or entity may not use amounts received under a grant 
under this section-- 
 (A) to purchase real estate; 
 (B) for payments of interest or principal on loans originated after 
February 15, 2020; 
 (C) to invest or re-lend funds; 
USCA Case #22-5253      Document #2008243            Filed: 07/17/2023      Page 90 of 92

Add. 17 
 (D) for contributions or expenditures to, or on behalf of, any political 
party, party committee, or candidate for elective office; or 
 (E) for any other use as may be prohibited by the Administrator. 
 (e) Increased oversight of shuttered venue operator grants
The Administrator shall increase oversight of eligible persons and 
entities receiving grants under this section, which may include the 
following: 
 (1) Documentation
Additional documentation requirements that are consistent with the 
eligibility and other requirements under this section, including 
requiring an eligible person or entity that receives a grant under this 
section to retain records that document compliance with the 
requirements for grants under this section-- 
 (A) with respect to employment records, for the 4-year period 
following receipt of the grant; and 
 (B) with respect to other records, for the 3-year period following 
receipt of the grant. 
 (2) Reviews of use
Reviews of the use of the grant proceeds by an eligible person or entity 
to ensure compliance with requirements established under this section 
and by the Administrator, including that the Administrator may-- 
 (A) review and audit grants under this section; and 
 (B) in the case of fraud or other material noncompliance with respect 
to a grant under this section-- 
 (i) require repayment of misspent funds; or 
 (ii) pursue legal action to collect funds. 
 (f) Shuttered venue oversight and audit plan
USCA Case #22-5253      Document #2008243            Filed: 07/17/2023      Page 91 of 92

Add. 18 
 (1) In general
Not later than 45 days after December 27, 2020, the Administrator shall 
submit to the Committee on Small Business and Entrepreneurship of 
the Senate and the Committee on Small Business of the House of 
Representatives an audit plan that details-- 
 (A) the policies and procedures of the Administrator for conducting 
oversight and audits of grants under this section; and 
 (B) the metrics that the Administrator shall use to determine which 
grants under this section will be audited pursuant to subsection (e). 
 (2) Reports
Not later than 60 days after December 27, 2020, and each month 
thereafter until the date that is 1 year after the date on which all 
amounts made available under section 323(d)(1)(H) of this Act have 
been expended, the Administrator shall submit to the Committee on 
Small Business and Entrepreneurship of the Senate and the Committee 
on Small Business of the House of Representatives a report on the 
oversight and audit activities of the Administrator under this 
subsection, which shall include-- 
 (A) the total number of initial grants approved and disbursed; 
 (B) the total amount of grants received by each eligible person or 
entity, including any supplemental grants; 
 (C) the number of active investigations and audits of grants under 
this section; 
 (D) the number of completed reviews and audits of grants under this 
section, including a description of any findings of fraud or other 
material noncompliance[; and]  
 (E) any substantial changes made to the oversight and audit plan 
submitted under paragraph (1). 
USCA Case #22-5253      Document #2008243            Filed: 07/17/2023      Page 92 of 92

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