Author: Rion M. Vaughan

Client Alert: Enhanced Debt Relief Under the CARES Act – Leverage for Small Businesses

To date, much of the discussion regarding the Coronavirus Aid, Relief, and Economic Stability Act (the “CARES Act”) has been focused on the provisions of its Paycheck Protection Program (the “PPP”), which provides forgivable loans to small businesses based upon two and half months of their average payroll costs. The PPP has been incredibly successful in stemming…

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POSTED IN: Articles & Quotes, Bankruptcy, Workout & Insolvency, COVID-19, News