By John Egan | National Real Estate Investor Recent revisions to the U.S. Bankruptcy Code might open the door to headaches and heartaches for landlords that rent to small businesses. In August 2019, Congress created what’s known as Subchapter 5 of the Bankruptcy Code. Subchapter 5 is designed to streamline the Chapter 11 bankruptcy process for small businesses and slash their …
By Mike Sunnucks | Rose Law Group Reporter Small businesses adversely impacted by the Coronavirus pandemic can potentially qualify for a $10,000 grant through the Phoenix Industrial Development Authority and city of Phoenix. The Phoenix IDA and city have set up a $2 million small business relief fund. The Arizona Community Foundation will administer the program. The grants are targeted …
News Release April 6, 2020 PHOENIX — Governor Doug Ducey today issued an Executive Order halting evictions in the state for small businesses and nonprofits that are unable to pay rent due to financial hardship caused by the COVID-19 pandemic. The order also encourages commercial landlords to defer rent payments for small business tenants facing economic hardship due to COVID-19 and consider waiving …
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