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Supreme Court: Merely Holding Property Isn’t a Violation of the Automatic Stay

USA - January 19 2021 In City of Chicago, Illinois v. Fulton, No. 19-357, 2021 WL 125106, at *1 (U.S. Jan. 14, 2021), the United States Supreme…

Opening PPP Loans To Bankrupt Ventures A Welcome Change

USA - July 31 2020 Bankruptcy experts are applauding a proposed change to the Paycheck Protection Program that will allow small business debtors to access loans under…

5th Circ. PPP Ruling Doesn't Doom Debtors Seeking Loans

USA - July 17 2020 On June 22, U.S. Circuit Judge Judge Jerry Smith issued a short, three-page opinion in the case Hidalgo County Emergency Service Foundation v…

John T. Baxter.

Employing Narrow Reading of Section 506(d), Ninth Circuit Holds That the Basis for Disallowance of a Claim Must be Considered Before Lien Can be Avoided

USA - June 8 2020 In Lane v. Bank of New York Mellon (In re Lane), No. 18-60059, 2020 WL 2832270 (9th Cir. June 1, 2020), the United States Court of Appeals for the…

Bankruptcy Rulings May Help Debtors Qualify For PPP Loans

USA - May 7 2020 One of the landmark protections enacted by the Coronavirus Aid, Relief and Economic Security, or CARES, Act on March 27 was the Paycheck Protection…

John T. Baxter.