Skip to Content 
Category: Banking & Finance
Nebraska is Now Accepting Applications for a Second Round of Economic Stability Grants
Governor Pete Ricketts announced on Monday, October 19th, that a second round of economic stabilization grants will be made available for eligible applicants from the $1.1 billion allocated to Nebraska under the federal CARES Act enacted in March. The first round of grants for economic stabilization were made available in […]
Thu Oct 22, 4:30pm Share
What You Should Know About Ch. 11 Unsecured Creditors’ Committees
Often unsecured creditors in a Ch. 11 bankruptcy case do not get actively involved in the case because they are not in a strong position to recover significant amounts on their claims since their claims are not secured by liens. They also usually do not hire attorneys to pursue their […]
Fri Sep 4, 10:11pm Share
The Payroll Protection Program Flexibility Act
On June 5, 2020, President Trump signed the Payroll Protection Flexibility Act (the “PPPFA”) into law. The PPPFA modifies the statutes, rules, and guidance relating to the Payroll Protection Program (“PPP”). The following is a summary of the noteworthy provisions of the PPPFA. 1. For New PPP loans, Loan Maturity […]
Mon Jun 8, 12:24pm Share
SBA’s PPP Loan Forgiveness Application and Instructions: Notes of Significant Items
On Friday, May 16, 2020, the Small Business Administration (“SBA”) published its Paycheck Protection Program (“PPP”) Loan Forgiveness Application and Instructions (the “Forgiveness Application”). The Forgiveness Application not only sets forth the method by which borrowers must calculate the PPP loan forgiveness amount, but also includes new rules and guidance […]
Fri May 22, 10:03pm Share