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The Impact of Recent Amendments to the United States Bankruptcy Code on Lenders | Bowditch & Dewey - Vimarsana News

The Impact of Recent Amendments to the United States Bankruptcy Code on Lenders | Bowditch & Dewey

To embed, copy and paste the code into your website or blog: On March 27, 2021, President Biden signed into law the COVID-19 Bankruptcy Relief Extension Act (the Extension Act). The Extension Act temporarily extends certain bankruptcy relief provisions that were enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), as further amended and/or extended as part of the Consolidated Appropriations Act (the CAA) which was signed into law on December 27, 2020. This alert highlights the impact of these changes on banks and other lenders. SUBCHAPTER V DEBT LIMITS ...