The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) established the Paycheck Protection Program (PPP), a lending program for small businesses pursuant to which up to 100 percent of the principal loan amount is...more
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act, Public Law No. 116-136 (the “CARES Act” or the “Act”), the stimulus package designed to mitigate the widespread...more
Receiverships are an extraordinary remedy that can maximize the return to creditors by freezing assets and allowing a third party to conduct necessary litigation. John Gardner (Raleigh) and David Neu (Seattle) join host...more
11/28/2018
/ Asset Freeze ,
Borrowers ,
Commercial Bankruptcy ,
Consumer Bankruptcy ,
Creditors ,
Debt Restructuring ,
Debtors ,
Foreclosure ,
Fraud ,
Lenders ,
Litigation Strategies ,
Loans ,
Receivership ,
Sale of Assets ,
Tangible Property
Consider the following hypothetical scenario (and a typical scam involving mobile check deposits) in which an employer (the “Company”) issues a paper check to one of its employees (the “Employee”). The Employee remotely...more