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Our business blog focuses on issues affecting Virginia, D.C. and Maryland business owners as well as those in other jurisdictions throughout the country. We provide timely insight and commentary on federal and state rules and how they affect you. If you are interested in having us cover a specific topic, please let us know.

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  • Posts by Andrea Davison
    Shareholder

    Andrea Campbell Davison is a shareholder at Bean, Kinney & Korman with practice concentrations in bankruptcy and creditor’s rights, and commercial loan transactions. 

    Andrea has represented a wide range of interested parties in ...

8 Common Business Bankruptcy Questions

Financial and economic challenges due to the coronavirus pandemic have resulted in a growing number of bankruptcy filings for both individuals and businesses. A number of creditors’ rights challenges arise when a business or individual whom you transact with files for bankruptcy.

Here are examples of several scenarios currently impacting landlords, tenants and business owners and the basics that you should know when faced with such a scenario. Remember, however, that every bankruptcy is different, and it is important to review the bankruptcy case and possibly consult an attorney to advise on the nuances of the case and your rights.

Paycheck Protection Loans under the CARES Act: What Do Lenders Need to Know?

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) became law in the United States. Among other things, the CARES Act provides relief to certain businesses in the form of “paycheck protection loans” through what the Act calls the Paycheck Protection Program (the “Program”). These loans are to be administered under Section 7(a) of the Small Business Act through the network of Small Business Administration (“SBA”) qualified lending institutions.