Tag Archives: small business
Senate Successfully Passes 30-Day Extension of Recovery Act Provisions
Posted on03. Mar, 2010 by admin.
A brief update to our earlier posting regarding the SBA increased guaranty deadline of February 28.
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SBA Increased Guaranty Deadline
Posted on26. Feb, 2010 by admin.
Will Congress extend the SBA’s authority to offer a higher guaranty past the February 28, 2010 deadline? As the February 28 deadline for higher guaranty is quickly approaching, lenders and borrowers are anxiously waiting to learn whether Congress will extend the deadline.
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Small Business Lending
Posted on03. Feb, 2010 by admin.
A CNN/Money Magazine article highlights evidence of some of the challenges currently facing smaller, privately-held companies in the financial markets.
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Small Business Bankruptcies, Plans of Liquidation and Tax Considerations
Posted on11. Jan, 2010 by admin.
In the case of winding down a Chapter 11 in the context of a Plan of Liquidation, our practice has generally seen two prevailing courses. One provides for the transfer of assets and interests into a Trust for the purposes of liquidating and administrating assets ultimately for the benefit and distribution to creditors. The other simply allows the existing debtor entity to serve the same purpose as the Trust otherwise would.
