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You Can Come In, But You Can’t Stay – Judge Grossman Dismisses Debtor’s Case for Re-designating Under the SBRA After Deadlines...

“Timing in Life Is Everything” – John Sculley - Relying on a plain reading of Sections 1188 and 1189 of the Bankruptcy Code, Bankruptcy Judge Scott M. Grossman dismissed the Seven Stars bankruptcy case based on the debtor’s...more

Are You Down with PPP? Not if You’re a DIP: SBA Seeks to Exclude Debtors in Bankruptcy Proceedings from Receiving PPP Loans

Is a debtor-in-possession (DIP) eligible to receive a Paycheck Protection Program (PPP) loan under the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act)?  Such a simple question.  But, as is often the case,...more

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