Third Circuit Issues Guidance on “Unfairness” in Chapter 11 Cramdown In the bankruptcy case of In Re: Tribune Company, et al., 2020 WL 5035797, the Third Circuit recently issued a decision determining that a Chapter...
CARES Act’s Impact on the Bankruptcy Code The CARES Act (see my prior posts online at Burns White's COVID Resource Center), signed into law by President Trump on March 27, 2020, not only...
U.S. Treasury Issues Interim Final Rule on Paycheck Protection Program The U.S. Treasury has now issued an Interim Final Rule (“IFR”) on the implementation of the Paycheck Protection Program (“PPP”) created by the CARES...
Bankruptcy and Creditors’ Rights COVID-19 Update – April 1, 2020 SUMMARY ON CURRENT FUNDING INITIATIVES FOR BUSINESSES IN THE CARES ACT AND PENNSYLVANIA COVID-19 ECONOMIC RELIEF EFFORTS Many businesses are stuck...
