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Congress CARES: Federal Stimulus Package to Provide Emergency Relief to Borrowers and Financial Institutions
On Wednesday, March 25, 2020, the Senate unanimously passed a $2 trillion economic stimulus package. Called the Coronavirus Aid, Relief, and Economic Security (or CARES) Act, this unprecedented bill is expected to be passed by the House this Friday a...
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CARES Act Amends Bankruptcy Code to Address COVID-19 Dislocation
Section 1113 of the CARES Act amends certain provisions of the Bankruptcy Code and will apply to the year following the date on which this new law goes into effect. These changes are primarily designed to benefit small businesses and individuals who...
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