Rochelle's Daily Wire

ABI Exclusive

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.

May 27, 2020

A PPP ‘loan’ under the Cares Act isn’t a ‘grant,’ thus the government isn’t barred from discriminating against a bankrupt under Section 525(a).

May 14, 2020

Judge Jacobvitz allows the debtor to proceed under the SBRA more than a year after the initial chapter 11 filing

May 5, 2020

Judge Thuma of Albuquerque threatens the SBA with punitive damages if the debtor is not granted a $900,000 PPP loan.

May 1, 2020

Judge David Jones found no basis in the Cares Act for precluding chapter 11 debtors from receiving PPP “loans” that the company isn’t required to repay.

April 30, 2020

Dealing with the debt left over from a defunct business is enough to qualify as a small business debtor under the new subchapter V of chapter 11, Judge Burris rules.