Insights

Phelps Dunbar attorneys can - and regularly do - speak with considerable authority on the full range of Third Coast business and legal issues. Here's what they've been up to lately.

Bankruptcy and Creditors' Rights Bulletin Publications

  • They Paid Me, Went Bankrupt and Then Sued to Get That Money Back: How to Avoid Being an Unsecured Creditor

    May 11, 2020 - The unfortunate reality of the COVID-19 pandemic is that several businesses will not be able to survive this crisis. Legal experts agree that there will be an uptick in bankruptcy filings and Congress took note. The recently enacted CARES Act expanded access... More
  • SBA: No, Bankrupt Companies Are Not Eligible to Receive PPP Loans

    Apr 28, 2020 - Can businesses obtain a Paycheck Protection Program (PPP) loan to fund their chapter 11 bankruptcy cases? This question has been looming over companies facing bankruptcy and in immediate need of financing. On April 15, the Small Business Administration (SBA)... More
  • Announcement of Bankruptcy Filing Foreshadows What's to Come

    Apr 09, 2020 - The sudden fall of the oil market is already wreaking havoc on companies, and recent bankruptcy filings may be just the beginning. On March 31, Covington, La.,-based Hornbeck Offshore Services, Inc., a leading provider of marine transportation services to... More
  • Breaking Down the 2019 Small Business Reorganization Act

    Apr 02, 2020 - The federal government made bankruptcy a viable option for small businesses with the passage of the Small Business Reorganization Act of 2019 (SBRA). The act, which became effective Feb. 19, is designed for smaller businesses that cannot afford the high... More
  • What Businesses Need to Do Now to Cope With the COVID-19 Downturn

    Mar 23, 2020 - COVID-19 is having a negative impact on almost the entire business environment. Early financial planning is critical for management to deal with the economic downturn. For some, bankruptcy may be an option that businesses should consider. Take these steps... More
  • Is Bankruptcy a Cure for the Coronavirus Economic Fallout?

    Mar 12, 2020 - We are all aware of the human impact of the coronavirus outbreak and the priority for every business is to keep their employees as healthy and safe as possible. With no vaccine to stop the virus, businesses have taken measures to limit exposure and the... More
  • Bankruptcy & Creditors' Rights Bulletin: February 2016

    Feb 02, 2016 - The Bankruptcy and Creditors' Rights Bulletin provides an analysis of legal issues, recent court decisions and significant changes in bankruptcy and creditors' rights law. This edition highlights two key bankruptcy topics that should be of interest to many... More
  • Bankruptcy & Creditors' Rights Bulletin: March 2015

    Mar 16, 2015 - The Bankruptcy and Creditors' Rights Bulletin provides an analysis of legal issues, recent court decisions and significant changes in bankruptcy and creditors' rights law. This edition highlights two key bankruptcy issues related to general civil litigation. ... More
  • Bankruptcy & Creditors' Rights Bulletin: October 2013

    Sep 12, 2013 - The Bankruptcy and Creditors' Rights Bulletin provides an analysis of legal issues, recent court decisions and significant changes in bankruptcy and creditors' rights law. Below are the articles for the October issue. To view, click on the appropriate title... More