July 31, 2020
In an article published by Law360 on July 31, Nashville partner Shane Ramsey discusses the proposed change to the Paycheck Protection Program that will allow small business debtors to access loans under federal COVID-19 relief packages. Previous versions left bankrupt companies without a valuable tool for surviving the pandemic.
Ramsey said the proposed change would likely save many businesses struggling in the midst of the coronavirus outbreak.
"The prior law resulted in having absurd results," Ramsey told Law360. "I think the change is a needed change and a very good change to the law."
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