SBA Disaster Loans are currently available to small businesses in Iowa, and small businesses have been applying for those loans since Saturday, March 21. The current expected wait for applicants is 3 weeks, with an additional week for funds to
Iowa Bankruptcy Law Blog
The Iowa Bankruptcy Law Blog, published by Dickinson, Mackaman, Tyler & Hagen, P.C., focuses on bankruptcy and corporate restructuring issues relevant to Iowa. It covers topics such as Chapter 11 reorganizations, debtor and creditor rights, bankruptcy litigation, and the restructuring of healthcare and nursing home facilities. The blog also discusses regulatory and financial aspects of bankruptcy cases, including treatment of Medicaid provider assessments and priority tax debts. It highlights notable bankruptcy cases and legal developments affecting businesses and individuals in Iowa, providing insights into practical legal strategies and outcomes in bankruptcy and insolvency matters.
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SBA Disaster Loans – Eligibility and Filing Requirements
SBA Disaster Loans are currently available to small businesses in Iowa, and small businesses have been applying for those loans since Saturday, March 21. The current expected wait for applicants is 3 weeks, with an additional week for funds to…
The Coronavirus and Chapter 11 Bankruptcy
The sharp drop in the financial markets and the sharp increase in temporary business closings have placed a significant strain on many businesses across the country. Although it is important for businesses to remain optimistic and hope for a quick…
SBA Disaster Business Loans – Iowa Now Designated as Disaster Area
On Saturday, March, 21, 2020, Iowa was officially designated as a declared disaster area as a result of the current Coronavirus crisis. Now that Iowa has received the designation, small businesses who meet SBA income or employee limits (whether such…
Identification of Essential Critical Workforce During COVID-19 Response
On March 19, 2020, the Cybersecurity & Infrastructure Security Agency of the U.S. Department of Homeland Security issued what it emphasized was an advisory list identifying essential critical infrastructure workers during the COVID-19 response. It specifically disclaimed that “is not, nor should…
Evictions During the COVID-19 Pandemic: Legal?
In the Governor’s most recent Proclamation (as of the writing of this blog), the rights of landlords to evict appears to be temporarily curtailed.
From March 19, 2020 until April 16, 2020 (“unless sooner terminated or extended in writing” by…
Serving You During the COVID-19 Crisis
As the COVID-19 situation continues to change around the state of Iowa, our firm wants to be part of the solution for our clients. We are temporarily moving to a remote working environment at the close of business on March 20th…
SBA Disaster Business Loans – A Financial Lifeline for Small Businesses During the Coronavirus Pandemic
At this time, Iowa has not yet been designated as a declared disaster area as a result of the current Coronavirus crisis. There are currently 25 states that have been declared disaster areas, and are eligible for these SBA disaster…
Trump Signs Families First Coronavirus Response Act: How It Will Impact Employers*
* With Contributions by Attorney Melissa Schilling
After the U.S. House of Representatives made a number of changes to the “Families First Coronavirus Response Act,” the Senate passed H.R. 6201, the Families First Coronavirus Response Act, by a vote…
COVID-19: FDIC Issues FAQ for Financial Institutions
The FDIC has just issued an FAQ for Financial Institutions Affected by the Coronavirus Disease 2019 (Referred to as COVID-19). This will guide banks on various operational and customer topics.
It can be found here.