Category: General

Despite the President’s signing of the stimulus bill, it is anticipated that bankruptcy filings still will increase, particularly in middle and small markets. Creditors who prepare in anticipation of those filings will usually find themselves in much better position to those who first react only after the bankruptcies begin. These preparations are important to establish… Continue reading Creditor preparation for a debtor’s bankruptcy filing

As noted in our firm’s previous email alerts, President Trump signed into law on March 27, 2020 the Coronavirus Aid, Relief, and Economic Security Act, commonly referred to as the CARES Act. Among other provisions, the CARES Act created a Paycheck Protection Program (“PPP”) which provides for loans to small businesses that can be entirely… Continue reading Guide for maximizing PPP loan forgiveness

What Is It? On March 27, 2020, President Donald Trump signed into law The Coronavirus Air, Relief, and Economic Security Act (CARES Act), the culmination of many programs designed to aid small businesses. Unfortunately, in our Country’s current economic condition, this aid may not be enough nor get to you soon enough to keep you… Continue reading Cares act increases bankruptcy options for small business in financial difficulty

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or “Act”) was signed into law to provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 COVID-19 pandemic. It is estimated that the Act will inject the economy with more than $2 trillion of… Continue reading Select key benefits for business owners and what they need to know