Consolidated Appropriations Act of 2021 Amends Bankruptcy Code - Part 1: Amendments Clarifying Debtors’ Rights to Other Pandemic Relief
By EsqSocial Corporation 28/01/21
On December 27, 2020, in response to the economic distress caused by the COVID-19 pandemic and to supplement the CARES Act enacted in March 2020, the Consolidated Appropriations Act of 2021 (the “Act”) was enacted. In addition to providing $900 billion in pandemic relief, the Act benefits both debtors and creditors by temporarily modifying the following sections of the Bankruptcy Code, which may be of particular interest to creditors......
By: Mintz - Bankruptcy & Restructuring Viewpoints