New COVID-19 Relief Law Includes Limited Bankruptcy Protections Regarding PPP Loans
By EsqSocial Corporation 05/01/21
The latest COVID-19 relief legislation provided some additional aid and clarity for a select group of debtors and left many other questions unanswered. The requirements for the next round of the Payroll Protection Program (PPP) and the related changes to the Bankruptcy Code are a small part of the massive appropriations bill signed by President Trump on December 27, 2020. Several key bankruptcy relief sections exclude all Chapter 11 debtors who do not qualify as small business debtors from those...
By: Perkins Coie