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Acronym Updates: The CAA, PPP, and the SBA

February 03, 2021 (1 min read)

Learn more about the impacts of the Consolidated Appropriations Act, 2021 (CAA) on bankruptcy proceedings, and in particular on small business debtors. The newly enacted amendments make important temporary changes to certain provisions of the Bankruptcy Code, including preference defenses, assumption and rejection of executory leases, and small business bankruptcy debtor access to PPP loans.

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    Read this practice note to understand Chapter 11 small business debtors and the implications of filing a Chapter 11 small business case or a case under Subchapter V of Chapter 11 of the Bankruptcy Code, including its ability to access PPP loans.
  • Bankruptcy Risks to Tenant When Landlord Files a Bankruptcy Case
    Learn about protections afforded to landlords, including new protections provided as part of the CAA.


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