(l. to r.) James D. Silver of Kelley Kronenberg; and Megan Murray and Adam M. Gilbert of Underwood Murray (Courtesy photos) Coronavirus Relief Bill Could Complicate PPP Precedent in 11th Circuit
James D. Silver said rather than having this ruling "percolating in the system," the Eleventh Circuit should reconsider its decision and promptly make clear that based on the likely new coronavirus relief act, Chapter 11 debtors are eligible for these loans.
December 23, 2020 at 06:15 PM
4 minute read
The U.S. Court of Appeals for the Eleventh Circuit reversed a federal bankruptcy court's decision to authorize a debtor to receive Paycheck Protection Program funding under the CARES Act, guaranteed by the Small Business Administration.
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