In The Press August 07, 2020

Debtors Await New Stimulus That Could Allow PPP Loans in Ch. 11 (The Deal)

Businesses that have been denied Paycheck Protection Program loans by the U.S. Small Business Administration still hope to win access in bankruptcy. To beat the bankruptcy restriction, numerous debtors have waited to file for Chapter 11 until after they received PPP loans, said Greg Fox, a partner in Goodwin’s financial restructuring practice. Read The Deal article here.