Rochelle's Daily Wire

If a loan benefits both a debtor and someone else, the loan still may be included in counting whether the debt “arose from the commercial or business activities of the debtor.”

Courts still have no consensus about debtors’ right to receive PPP ‘loans’ under the Cares Act.

The addition of Section 362(b)(3) is held not to affect the ‘freeze rule’ with regard to lapsing security interests.