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Chapter 11 Debtors Clash With the SBA Over PPP Eligibility

The SBA’s Rules Exclude Bankruptcy Debtors From Relief Under the Paycheck Protection Program - The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law on March 27, funnels aid to small...more

COVID-19 Primer for Private Equity Funds

In a very short period of time, private equity groups and their portfolio companies have had to deal with an unprecedented amount of change in response to the novel coronavirus (COVID-19) crisis....more

What Small Businesses Need To Know About Restructuring Under Subchapter V And The CARES Act

On February 19, the Small Business Restructuring Act (SBRA) — the most significant change to the Bankruptcy Code in 15 years — went into effect. The SBRA, also known as Subchapter V of Chapter 11, removed numerous barriers...more

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