Law News & Events
Banking attorney Bruce Toppin gives opinion on SBA loan impact for banks in Texas
“Attorney Bruce E. Toppin III, who represents community banks, said the banks he’s spoken with have been “overwhelmed” with applications or with calls and emails from customers who want to know what they need to do to get a loan.”
You’re a creditor in a bankruptcy – what now?
Bankruptcy is a unique process with some strict deadlines and procedural requirements. If you are a creditor in bankruptcy, we recommend that you consult with an attorney who specializes in bankruptcy law to determine how you might maximize your recovery from the debtor.
Paycheck Protection Program Interim Final Rule Released
On April 2, 2020, the United States Small Business Administration (the “SBA”) issued an interim final rule implementing the emergency small business lending facility called the Paycheck Protection Program (the “PPP”), which was part of the larger financial aid and stimulus legislation known as the CARES Act.
Bankruptcy Updated: Small Business Reorganization Act
In February 2020, SBRA legislation went into effect to remove some of the impediments in the Bankruptcy Code that prevented smaller businesses from being able to successfully confirm plans of reorganization and to make the process faster and more efficient for smaller bankruptcy cases.
Business Bankruptcy Basics: Chapter 11
Successfully exiting from a Chapter 11 bankruptcy case provides the debtor organization with a “fresh start” and the goal is for it continue operating and growing from a stronger financial foundation.
Bruce Toppin is panelist for SABA on Business Continuity
This panel will share what law firms and their clients can do TODAY to prepare to quickly access disaster relief resources that will soon be available through the Small Business Administration, CARES Act and local funds.