August 13, 2020
With deadlines already elapsed, Judge Grossman disagrees with three judges who allowed redesignation under subchapter V of chapter 11.
July 24, 2020
More than 600 cases have already been filed under the SBRA since subchapter V of chapter 11 became effective in February.
July 13, 2020
The SBRA can be used to extinguish a creditors’ committee previously appointed in a ‘traditional’ chapter 11 case.
July 7, 2020
Misconduct in the prior chapter 11 case barred debtors from proceeding as a small business reorganization under subchapter V of chapter 11.
June 29, 2020
Government often wins by arguing that the Small Business Act prohibits injunctions forcing the SBA to consider granting ‘PPP’ loans without regard to whether the applicant is a chapter 11 debtor.
June 24, 2020
In a rapid-fire appeal, the Fifth Circuit ruled that the Small Business Act bars bankruptcy courts from enjoining the SBA.
June 17, 2020
Courts still have no consensus about debtors’ right to receive PPP ‘loans’ under the Cares Act.
June 16, 2020
Bankruptcy Judge David Warren warns small business trustees that they won’t be compensated if they are “overzealous” or undertake “unnecessary or duplicative services.”
June 11, 2020
Chicago judge cut rent by 75% after governor prohibited on-premises dining in the debtor’s restaurant.
June 10, 2020
Courts are divided on whether PPP litigation is ‘core’ or not.