News & Analysis as of August 12, 2025

Small Business

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Appeals Courts Say Fraud Debts Can Survive Small Business Bankruptcies

Steptoe & Johnson PLLC on 8/8/2025

Congress provided a streamlined mechanism for small businesses to reorganize when it enacted the Small Business Reorganization Act of 2019 and added Subchapter V to Chapter 11 of the Bankruptcy Code. Subchapter V gives small...more

Court Dismisses Bankruptcy Case to Enable Debtor to Seek a Paycheck Protection Loan

Patterson Belknap Webb & Tyler LLP on 3/9/2021

It is well known in the restructuring world that a debtor in bankruptcy can’t get a PPP loan. But what if you’re a debtor and decide a PPP loan could save your business? Will a court dismiss the case so you can seek a loan?...more

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Creditors › Appeals › Small Business

Appeals Courts Say Fraud Debts Can Survive Small Business Bankruptcies

Court Dismisses Bankruptcy Case to Enable Debtor to Seek a Paycheck Protection Loan

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