CARES Act Provides Limited Bankruptcy Relief

On Friday, March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), which provides $2 trillion in economic stimulus for industries and individuals faced with challenges from the COVID-19 coronavirus.

Filed under:
USA, Company & Commercial, Insolvency & Restructuring, Morrison & Foerster LLP, Donald Trump, Coronavirus, Title 11 of the US Code, CARES Act 2020 (USA)
Authors:
Mark Alexander Lightner , Katherine E. Richardson Arnould
Location:
USA
Firm:
Morrison & Foerster LLP