The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 3 of 13: A debtor in bankruptcy is not eligible to apply for a Paycheck Protection Program (PPP) loan. And a PPP applicant that becomes a debtor in bankruptcy after submitting the PPP application, […]
Who is a Small Business Debtor Under Subchapter V?
The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 2 of 13: A small business debtor under the new Subchapter V of Chapter 11 can be an individual or an eligible business entity that engages in commercial or business activities unless the […]
Intro to the Small Business Reorganization Act (SBRA)
The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 1 of 13: On August 23, 2019, the Small Business Reorganization Act of 2019 (SBRA) was signed into law and became effective on February 29, 2020. The SBRA created Subchapter V of Chapter […]
COVID-19 Update
Longleaf Law Partners continues to monitor national, state and local health authorities’ updates on the status of COVID-19, as we are certain our clients and colleagues are doing as well. Based on all information available at this time, it is our intention to keep operating and maintain close contact with the needs of our clients and their individual projects so that necessary attention is provided to allow transactions to move forward. We intend to continue […]
Lawyers Recognized as NC Legal Elite
Big congratulations to our colleagues at Longleaf Law Partners for being recognized by Business North Carolina among the state’s Legal Elite. These top attorneys are chosen by their peers, with this award serving as a model for other awards and lists. The North Carolina Legal Elite is the only award that gives every active lawyer in the state the opportunity to participate. Ben Worley was awarded in the Litigation category, and Jamie McCaskill, David Miller and […]