Opportunities and Challenges for Small Businesses Under New Laws Enacted During the Pandemic

Business Law News – California Lawyers Association
Issue 3 2020

By Zev Shechtman

This article covers recent developments in bankruptcy, including with respect to the Small Business Reorganization Act, under which qualified small businesses may file for relief under subchapter V of chapter 11, authorizing a streamlined reorganization process. Additionally, the article addresses litigation arising from the Small Business Administration’s blanket denial of Payroll Protection Program funds to debtors in bankruptcy.

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