The Small Business Reorganization Act of 2019 (the “SBRA”) became effective on February 19, 2020, and is aimed at giving small business debtors a simpler and less costly avenue to successful reorganiz...
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This month we (a) highlight an emerging split among the courts regarding the eligibility of companies in bankruptcy to receive loans under the Paycheck Protection Program, (b) review some recent bankr...
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An interagency statement was issued regarding loan modifications and reporting by financial institutions working with customers affected by COVID-19.
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Due to the COVID-19 pandemic, our firm has received a number of inquiries about “force majeure” and “material adverse change” contract clauses.
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Financial institutions are routinely presented with powers of attorney and asked to transact business with the agent presenting the document.
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Law relating to lien strip-offs and strip-downs in bankruptcy continues to evolve. This article examines the ruling in Hurlburt v. Black.
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The Spotts Fain Lawful Thoughts® blog focuses on the current legal issues affecting businesses of all shapes and sizes. From labor and employment and construction, to intellectual property and beyond, Lawful Thoughts® provides businesses with easy to read, practical thoughts on the current legal trends and topics facing businesses today.