by Keller & Almassian | Jan 2, 2024 | Bankruptcy
On March 27, 2021, the President signed the Covid-19 Bankruptcy Relief Extension Act into law. The Act extends various provisions that will continue to provide relief to consumers and small businesses that were impacted by the pandemic. It is designed to...
by Keller & Almassian | Jan 2, 2024 | Bankruptcy
In late February of 2021, a bipartisan bill was introduced that would extend continued relief to businesses that have been impacted by the Covid-19 pandemic. The bill is referred to as the Covid-19 Bankruptcy Relief Extension Act, is intended to continue certain...
by Keller & Almassian | Jan 2, 2024 | Bankruptcy
Subchapter V bankruptcy provides businesses with a more efficient and affordable process to reorganize. The Bankruptcy Code says that in order to be eligible for Subchapter V bankruptcy, an individual or business debtor must be engaged in a commercial activity with...
by Keller & Almassian | Jan 2, 2024 | Bankruptcy
New Bankruptcy Amendments – Changes to Chapter 11 Bankruptcy On December 27, 2020, the Consolidated Appropriation Act (“CAA”) was signed and became law. We have previously described the impact of the CAA regarding the possibility of providing PPP loans to...
by Keller & Almassian | Jan 2, 2024 | Bankruptcy
New Bankruptcy Amendments On December 27, 2020, the Consolidated Appropriation Act (“CAA”) was signed and became law. We have previously described the impact of the CAA regarding the possibility of providing PPP loans to bankruptcy Debtors . The new law also...
by Keller & Almassian | Jan 2, 2024 | Bankruptcy
Domestic issues are often precursors to a bankruptcy filing for one or more of those involved. The intersection between family law and the automatic stay provisions of the Bankruptcy Code is often cloudy. The automatic stay may prevent certain matters from moving...
